NTPC stock darts up on Unit 1 trial of Telangana power project

Shares of NTPC Limited rose 1% to Rs 237 in early trade on September 13, recovering slightly after the stock fell over 3% on September 12. megawatt (MW) of the Telangana Super Thermal Power Project.
The installed capacity of NTPC Limited and NTPC Group reached 57,838 MW and 73,824 MW, respectively, the company said in an exchange filing dated September 12.

On Tuesday, NTPC announced payment of Rs 2,909 crore as final dividend for 2022-23. “This amount represents 30% of the paid-up share capital of NTPC Ltd,” a statement said. The total dividend payout for the financial year 2022-23 stands at an impressive Rs 7,030 crore, equivalent to 41% of profit after tax (PAT). This is the 30th year the company has paid dividends, bringing stable profits to investors, the statement added.
For the first time in the country, NTPC, one of the largest consumers of coal in India’s power sector, has also produced ‘green coal’ (grilling coal) in a ‘trial using garbage or solid waste’. urban (MSW). After the experiment in Varanasi, the central public sector has decided to set up more waste-to-energy plants across the country. The largest plant is proposed to be built in Greater Noida, with a capacity of 900 tonnes per day (TPD).