NTPC Limited is engaged in generating electricity and allied activities, having its market capitalization worth INR 99,293.86 Cr. as of 16th April 2021. Founded in 1975 and the company has reported quarterly revenue of INR 24,509.26 Cr. at the end of December 2020. This company is found listed on the Bombay Stock Exchange (BSE), having the code 532555 and on the National Stock Exchange (NSE) with the symbol NTPC.
Headquartered in New Delhi, the company is owned by the Ministry of Power, Government of India and deals in the generation and distribution of electricity and exploration, production, transportation and distribution of natural gas.
On 28 October 2005, the company changed its name from National Thermal Power Corporation Ltd. to NTPC Ltd. It mirrored the company's various business operations, including thermal power generation, hydro, nuclear, renewable energy generation, and coal mining and oil discovery. The company is the largest power utility company in the country, which has an installed capacity of 63,925 MW. It owns 24 coal-based power stations making its installed capacity of 46,410 MW. The company aims to have a minimum of 32000 MW capacity through Renewable Energy sources, constituting nearly 25% of its overall power generation capacity by 2032. Bhartiya Rail Bijlee Company Ltd, NTPC Electric Supply Company Ltd, NTPC Hydro Ltd, NTPC Vidyut Vyapar Nigam Ltd, Pipavav Power Development Company Ltd, Kanti Bijlee Utpadan Nigam Ltd, and NTPC Vidyut Vyapar Nigam Ltd are some of the company's subsidiaries. The company enjoys having Zero Promoters shares pledged. The company has reported an increase in the Net Profits for three straight quarters. The total income of the company has also increased by 5.19% from Rs. 24,022 crores in December 2019 to Rs. 25,268 crores in December 2020. The company has experienced an increase in the cash flow from operating activities by 37% as it stood at Rs. 22,014 cr. in March 2020 as against 16,030 cr. in March 2019. The company's MF shares have risen to 19.26 per cent in the March 2021 period, up from 18.42 per cent in the previous quarter.
The corporation owes Rs. 155,988 crore in debt. In January 2021, the first solar power project of 50 MW capacity, situated at Kasargod, Kerala, was declared as a commercial operation from 31 December 2020.Read More