NTPC Completes Trial Operation of Telangana Super Thermal Power Project Unit-1

13 Sep 2023 , 10:41 AM

NTPC has successfully completed the trial operation of unit-1, which has an 800 MW capacity, as part of the stage-I development of the Telangana Super Thermal Power Project (2 x 800 MW). This achievement has increased NTPC’s installed capacity to 57,838 MW, while the NTPC Group’s capacity now stands at 73,824 MW.

In another significant development, NTPC recently declared a final dividend of Rs 2,909 crore for the fiscal year 2022-23, representing 30% of the company’s paid-up equity share capital. The total dividend payout for the fiscal year 2022-23 amounts to an impressive Rs 7,030 crore, equivalent to 41% of the profit after tax (PAT).

Following these announcements, NTPC’s stock price rebounded, trading 1% higher at Rs 237 in early trading on September 13. This recovery comes after the stock experienced a 3% decline on September 12.

Moreover, NTPC has achieved a groundbreaking feat by producing ‘green coal’ (torrefied charcoal) from municipal solid waste (MSW) in a trial conducted in Varanasi. This marks a significant milestone as NTPC, one of the largest coal consumers in India’s power sector, plans to establish more waste-to-coal plants across the country. The largest of these plants, with a capacity of 900 tonnes per day (TPD), is slated for development in Greater Noida.