NTPC Permanently Shuts Down 440 MW Tanda Stage-I Units, Group Capacity Now at 82,926 MW

1 min read     Updated on 04 Sept 2025, 05:42 PM
scanx
Reviewed by
Jubin VergheseScanX News Team
whatsapptwittershare
Overview

NTPC Limited, India's largest power generation company, has permanently closed its 440 MW Tanda Stage-I power generation units effective September 1, 2025. The closure, comprising four 110 MW units, has reduced NTPC's total group capacity from 83,366 MW to 82,926 MW. This decision was implemented after approval from the competent authority and communicated to the Central Electricity Authority on September 4, 2025. The company disclosed this information in compliance with SEBI regulations.

18533535

*this image is generated using AI for illustrative purposes only.

NTPC Limited , India's largest power generation company, has announced the permanent closure of its 440 MW Tanda Stage-I power generation units, marking a significant change in its operational portfolio. This development has led to a reduction in the company's total group capacity, which now stands at 82,926 MW.

Closure Details

According to a regulatory filing by NTPC, the company has permanently discontinued operations at NTPC Tanda Thermal Power Station, Stage-I, effective September 1, 2025. The closed facility comprised four units, each with a capacity of 110 MW, totaling 440 MW of power generation capability.

Regulatory Compliance

NTPC disclosed this information in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that the closure was implemented following approval from the competent authority and subsequent communication to the Central Electricity Authority (CEA) on September 4, 2025.

Impact on NTPC's Capacity

The shutdown of the Tanda Stage-I units has directly impacted NTPC's overall power generation capacity:

  • Previous group capacity: 83,366 MW
  • Capacity reduction: 440 MW
  • Current group capacity: 82,926 MW

Strategic Implications

While NTPC has not provided specific reasons for the closure in its disclosure, such decisions are typically part of broader strategies in the power sector. Factors that could potentially drive such a move include:

  • Age of the plant
  • Operational efficiency
  • Environmental considerations
  • Shift towards more modern and sustainable power generation technologies

This development underscores the dynamic nature of India's power generation landscape, where companies like NTPC continually evaluate and adjust their asset portfolio to maintain operational efficiency and align with evolving energy policies and market demands.

As India's leading power generator, NTPC's decisions have significant implications for the country's energy sector. The company's future moves will be closely watched by industry observers and stakeholders to gauge the direction of India's power generation strategies in the coming years.

Historical Stock Returns for NTPC

1 Day5 Days1 Month6 Months1 Year5 Years
-0.41%+0.35%-1.47%+0.77%-18.49%+255.74%

NTPC Shareholders Approve One-Year Extension for CMD Gurdeep Singh

1 min read     Updated on 01 Sept 2025, 07:53 PM
scanx
Reviewed by
Jubin VergheseScanX News Team
whatsapptwittershare
Overview

NTPC Limited's shareholders have approved the reappointment of Gurdeep Singh as Chairman and Managing Director for an additional one-year term until July 31, 2026. The decision was made during the company's 49th Annual General Meeting, with 95.20% of shareholders voting in favor. The extension follows the Appointments Committee of the Cabinet's approval and comes after the Public Enterprise Selection Board found no suitable candidates for the role in May. The NTPC board had previously approved the reappointment on July 29.

18282238

*this image is generated using AI for illustrative purposes only.

NTPC Limited (National Thermal Power Corporation), India's largest power generation company, has received shareholder approval for the reappointment of Gurdeep Singh as Chairman and Managing Director (CMD) for an additional one-year term. The decision, which extends Singh's tenure until July 31, 2026, was made during the company's 49th Annual General Meeting (AGM) held on August 29.

Shareholder Support and Voting Details

The resolution to reappoint Gurdeep Singh received overwhelming support from NTPC's shareholders. According to the voting results:

  • 95.20% of shareholders (5,307 voters) voted in favor of the resolution
  • 4.80% of shareholders (678 voters) opposed the reappointment
  • A total of 9,025,002,410 votes were cast on this resolution

Background of the Reappointment

The extension of Gurdeep Singh's tenure comes after a series of events:

  1. The Appointments Committee of the Cabinet had previously approved Singh's reappointment on a contract basis for one year beyond his superannuation date of July 31, 2025.

  2. This decision was made after the Public Enterprise Selection Board (PESB) found none of the dozen candidates suitable for the CMD role during interviews conducted in May. The candidates included members from NTPC's board and other state-owned firms.

  3. The NTPC board had approved the reappointment in its meeting on July 29.

Implications and Future Outlook

The strong shareholder support for Gurdeep Singh's reappointment suggests confidence in his leadership and the company's direction. As NTPC continues to play a crucial role in India's power sector, the extended tenure of its CMD is likely to provide stability and continuity in the company's operations and strategic initiatives.

Other AGM Resolutions

In addition to the CMD's reappointment, the 49th AGM also saw shareholders voting on several other resolutions, including:

  • Adoption of financial statements
  • Dividend declaration
  • Appointment and reappointment of directors
  • Remuneration of statutory auditors
  • Appointment of independent directors
  • Ratification of cost auditors' remuneration
  • Appointment of secretarial auditor

All resolutions put forth at the AGM were passed with significant majority, reflecting strong shareholder engagement and support for the company's governance and operational decisions.

As NTPC moves forward under Gurdeep Singh's continued leadership, stakeholders will be watching closely to see how the company navigates the evolving energy landscape and maintains its position as a key player in India's power sector.

Historical Stock Returns for NTPC

1 Day5 Days1 Month6 Months1 Year5 Years
-0.41%+0.35%-1.47%+0.77%-18.49%+255.74%
More News on NTPC
Explore Other Articles
328.70
-1.35
(-0.41%)