NTPC Announces Commercial Operation of Khurja STPP Unit and Nuclear Energy Subsidiary

NTPC Ltd announced on Saturday, January 26, 2025, that Unit I (660 MW) of its Khurja Super Thermal Power Project (STPP) of its subsidiary, THDC India Ltd, has been declared on commercial operation, effective from midnight of January 26, 2025. With this addition, NTPC Group’s total installed and commercial capacity has now reached 77,393.18 MW, as stated in the company’s exchange filing.

Formation of NTPC Parmanu Urja Nigam Ltd for Nuclear Energy Initiatives

In a separate development earlier this month, NTPC revealed the formation of its wholly-owned subsidiary, NTPC Parmanu Urja Nigam Ltd (NPUNL), which will spearhead the company’s nuclear energy projects. 

NPUNL has been established to plan, develop, and operate nuclear power stations for electricity generation, as well as to manage related research and development activities. The subsidiary will also focus on identifying suitable sites for nuclear energy facilities.

The incorporation of NPUNL followed the necessary approvals from the Ministry of Power, the Department of Investment and Public Asset Management (DIPAM), and NITI Aayog. NTPC has subscribed to 50,000 equity shares in NPUNL, each with a face value of ₹10, ensuring 100% ownership of the new subsidiary.

Stocks Performance 

On January 27, 2025, NTPC share price traded 1.33% lower at ₹319.40 at 10:47 AM (IST). NTPC’s share price reached a 52-week high of ₹448.30 on September 30, 2024, and a 52-week low of ₹296.85 on January 13, 2024.  As per BSE, the total traded volume for the stock stood at 2.26 lakh shares with a turnover of ₹7.24 crore.

At the current price, NTPC shares are trading at a price-to-earnings (P/E) ratio of 16.16x, based on its trailing 12-month earnings per share (EPS) of ₹20.04, and a price-to-book (P/B) ratio of 2.09, according to exchange data. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.