NTPC Ltd. , India's power generation giant, is set to reveal its financial performance for the first quarter on July 29. The company, which accounts for a quarter of the country's total power generation, has scheduled a Board of Directors meeting to review and approve the unaudited financial results for the quarter ending June.

NTPC Green Energy Ltd Performance

NTPC Green Energy Ltd (NGEL), the renewable energy arm of NTPC, has reported impressive financial results for the April-June quarter:

• Net profit increased by 59% year-on-year to ₹220.00 crore, up from ₹138.00 crore in the same period last year.
• Revenue grew by 17.6% to ₹680.00 crore, compared to ₹578.00 crore in the previous year's quarter.
• EBITDA rose by 17.8% to ₹603.00 crore while maintaining a stable margin of 88.6%.

Operational highlights for NGEL include:

• Addition of 260 MW of new capacity during the quarter.
• Total commissioned capacity now stands at 3.4 GW, with another 7.4 GW under implementation.
• Total renewable generation increased by 26% year-on-year to 2,010 MU, driven by higher solar plant load factor and favorable weather conditions.
• Secured long-term power purchase agreements for over 96% of its commissioned capacity.

Trading Window Closure

In line with regulatory practices, NTPC has closed its trading window from July 1 to July 31. This temporary closure ensures fair trading practices during the sensitive period leading up to the results announcement.

Previous Quarter Performance

Looking back at the company's performance in the preceding quarter (Q4), NTPC demonstrated robust financial growth:

Stock Performance

NTPC's stock has experienced some volatility in recent times:

• 2.44% decline in the last five trading sessions
• 15.30% decrease over the past year
• 52-week high: ₹448.45
• 52-week low: ₹292.80

NGEL's shares closed 1.4% higher at ₹107.29, though the stock has declined approximately 16% year-to-date.

As India's largest public sector power producer, NTPC's upcoming financial results are likely to be closely watched by investors and industry analysts alike. The announcement on July 29 will provide crucial insights into the company's performance and potentially impact its stock movement in the short term.

Shareholders and interested parties should mark their calendars for this important date, as it will offer a comprehensive view of NTPC's financial health and operational efficiency in the evolving energy landscape of India.

NTPC Green Energy Limited, a subsidiary of NTPC, has taken a significant step towards advancing renewable energy development in Bihar. The company recently signed a Memorandum of Understanding (MoU) with Bihar State Power Generation Company Limited (BSPGCL) to collaboratively develop renewable energy and battery energy storage projects in the state.

Partnership for Clean Energy

The agreement, aimed at supporting decarbonisation and energy transition in Bihar, was formalized in the presence of the state's Energy Minister. Sarit Maheswari, CEO of NTPC Green Energy, and Abdesh Kumar Singh, Director Technical of BSPGCL, were the signatories of this landmark MoU.

NTPC Green Energy's Ambitious Goals

NTPC Green Energy serves as the umbrella company for NTPC's green business initiatives. The company has set an ambitious target of achieving a 60 gigawatt capacity by the fiscal year 2032 (FY32). This partnership with BSPGCL is expected to play a crucial role in expanding the company's portfolio and strengthening its presence in the clean energy sector.

Implications for Bihar's Energy Landscape

This collaboration between NTPC Green Energy and BSPGCL is poised to accelerate the development of renewable energy projects in Bihar. The focus on both renewable energy generation and battery energy storage systems indicates a comprehensive approach to addressing the state's energy needs while promoting sustainability.

The MoU signifies a joint commitment to:

1. Develop renewable energy projects
2. Implement battery energy storage solutions
3. Support Bihar's decarbonisation efforts
4. Facilitate energy transition in the state

As India continues to prioritize clean energy initiatives, partnerships like these between state power companies and specialized green energy firms are likely to play a pivotal role in achieving national renewable energy targets and combating climate change.