NTPC Limited , India's largest power generation company, has reported significant strides in capacity addition and financial performance for the first half of FY26, while also announcing ambitious expansion plans for the future.

Record Capacity Addition

NTPC Group has achieved its highest-ever capacity addition of 4,403 MW in the first half of FY26, bringing its total group capacity to 83,893 MW. This represents a substantial 10% increase from 76,443 MW in the previous year. The company further added 956 MW in October, totaling 5,359 MW in just seven months.

Financial Performance

For H1 FY26, NTPC standalone reported:

On a consolidated basis, the group's PAT rose by 4% to ₹11,334.00 crore.

NTPC Green Energy Limited (NGEL) Performance

NGEL demonstrated strong performance with:

• Revenue growth of 19% to ₹1,292.00 crore
• Operating EBITDA margin improvement to 88%

Revised Capacity Addition Targets

NTPC has significantly revised its capacity addition targets:

• By 2032: 149 GW (previously 130 GW)
• By 2037: 244 GW

To achieve these targets, NTPC estimates a capital expenditure requirement of ₹7 lakh crore by 2032.

Current Capacity Under Construction

NTPC's capacity under construction stands at 33 GW, comprising:

• Coal: 17 GW
• Hydro: 2 GW
• Renewable: 14 GW

Nuclear Energy Foray

The company has laid the foundation stone for the Mahi Banswara nuclear project, marking NTPC's entry into nuclear energy. The project includes:

• 4 units of 700 MW each
• Estimated cost: ₹50,000.00 crore
• Expected completion: 2032-33

Battery Energy Storage Systems (BESS)

NTPC is making significant strides in energy storage:

• Developing 1,990 MWh won through TBCB route
• 1,520 MWh at co-located solar projects
• 5,280 MWh co-located near existing solar projects
• 5,000 MWh at existing thermal projects (with viability gap funding of ₹18.00 lakh per MWh)

Sustainability Initiatives

The company continues to strengthen its ESG performance:

• Improved MSCI ESG rating from 3.4 to 4.1
• Enhanced Sustainalytics ESG risk rating from 35.7 to 31
• Declared commercial operation of Flue Gas Desulphurization systems for 20,270 MW capacity
• Increased biomass co-firing to over 5 lakh metric tons in H1 FY26

Future Outlook

NTPC remains optimistic about both the economy and the power sector. The company is focusing on timely completion of under-construction projects, strengthening fuel security, and continuously improving plant efficiency and availability. With India adding substantial thermal capacity, NTPC is playing a key role in this national mission while also driving expeditious execution of renewable projects through NGEL.

As India progresses towards becoming a developed economy, NTPC is ensuring it meets the increasing power demand while staying ahead of the competition. The company remains committed to enhancing shareholder wealth and improving performance across all facets of its business.

Investors eyeing the interim dividends from Bharat Petroleum Corporation Limited (BPCL) and NTPC have a crucial deadline today. Both companies have set November 7 as the ex-dividend date, marking the last opportunity for shareholders to qualify for the recently announced payouts.

Dividend Details

Key Points for Investors

• Ownership Deadline: Investors must own shares of BPCL and NTPC before the ex-dividend date to be eligible for the dividend.
• Ex-Dividend Date: November 7 is set as the ex-dividend date for both companies.
• Trading Impact: Starting from the ex-dividend date, shares will trade without the value of the upcoming dividend factored into their price.
• Purchase Considerations: Any purchases made on or after the ex-dividend date will not qualify for the declared dividends.

This announcement is particularly significant for investors looking to capitalize on dividend income. The substantial interim dividend from BPCL, at 75% of the face value, translates to Rs 7.5 per share, while NTPC's 27.5% interim dividend amounts to Rs 2.75 per share.

Investors should note that these dividends represent a direct return on their investment, separate from any potential capital gains from share price appreciation. For those considering these stocks for their portfolio, today marks a critical decision point, balancing the immediate benefit of dividend income against long-term investment strategies.

As always, investors are advised to consider their overall investment goals and consult with financial advisors when making decisions about dividend-paying stocks and their place in a diversified portfolio.