BAJAJ BROKING

Notification
No new Notification messages
Shreenath Paper Products IPO is Open!
Apply for the Shreenath Paper Products IPO through UPI in just minutes.
Q3 FY'25 Results of Top Companies!
From Reliance Industries to TCS to HDFC Bank, check out the latest quarterly results with financial highlights, key performance metrics, and more!
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

NTPC & NTPC Green Energy to Invest ₹2 Lakh Crore in Madhya Pradesh

Synopsis:

NTPC and its subsidiary NTPC Green Energy have signed MoUs with the Madhya Pradesh government to invest over ₹2 lakh crore in renewable and sustainable energy projects. NTPC share price remains under market watch following the announcement.


NTPC and its subsidiary NTPC Green Energy Ltd (NGEL) have signed multiple Memorandums of Understanding (MoUs) with the Madhya Pradesh government during the Global Investors Summit held on 24-25 February 2025. The agreements focus on large-scale renewable energy development, non-fossil fuel power plants, and hydro storage projects, reinforcing NTPC’s commitment to green energy transition.

Also read: Biocon Biologics Launches YESINTEK Biosimilar in US for Autoimmune Diseases

BIOCON LIMITED.

Trade

321.20.35 (0.10 %)

Updated - [-]
329.00day high
DAY HIGH
319.60day low
DAY LOW
4105011
VOLUME (BSE)

Key Takeaways

  • NTPC and NGEL to invest over ₹2 lakh crore in Madhya Pradesh’s energy sector.

  • NGEL to develop 20 GW renewable energy projects with an investment of ₹1.2 lakh crore.

  • NTPC to set up sustainable non-fossil fuel power plants worth ₹80,000 crore.

  • ₹4,000 crore allocated for an 800 MW Pumped Hydro Storage Project.

  • NTPC share price may reflect investor sentiment following this major investment.

Also read: Govt Seeks Merchant Bankers for PSU Stake Sale in Banks & Financial Firms

Investment Breakdown & Renewable Energy Expansion

The first MoU, signed between NGEL and Madhya Pradesh Power Generating Company Limited (MPPGCL), involves the development of renewable energy projects with a capacity of 20 GW or more. This ₹1.2 lakh crore investment will help fulfil Madhya Pradesh’s Renewable Generation Obligation (RGO) and Renewable Purchase Obligation (RPO). The project aims to enhance the state's clean energy portfolio through solar, wind, and other carbon-neutral sources.

The second MoU, signed between NTPC and the Madhya Pradesh government, covers the establishment of sustainable non-fossil fuel power plants. This initiative, valued at ₹80,000 crore, aligns with India’s long-term energy transition goals.

Additionally, a third agreement was signed to develop an 800 MW Pumped Hydro Storage Project with an estimated investment of ₹4,000 crore, supporting grid stability and efficient energy storage solutions.

Investment Distribution

Project

Investment (₹ crore)

Capacity

Renewable Energy (Solar, Wind, etc.)

1,20,000

20 GW

Non-Fossil Fuel Power Plants

80,000

N/A

Pumped Hydro Storage

4,000

800 MW

NTPC Share Price & Market Reaction

Following the announcement, NTPC share price is being closely monitored as investors assess the financial and strategic impact of this large-scale investment. The company’s push towards clean energy aligns with global sustainability goals and could influence market sentiment.

NTPC’s collaboration with the Madhya Pradesh government marks a significant step in India's renewable energy journey. With investments exceeding ₹2 lakh crore, these projects will drive economic growth, enhance energy security, and position Madhya Pradesh as a hub for sustainable power generation.

Also read: ONGC Approves ₹1,200 Crore Investment in ONGC Green for PTC Energy Buy

Do you have a trading account app or demat account app?

You can open an account with Bajaj Broking in minutes.

Download the Bajaj Broking app now from Play Store or App Store.

Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

For All Disclaimers Click Here: https://www.bajajbroking.in/disclaimer

Share this article: 

Read More Blogs

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

9 Lacs+ Users

icon-with-text

4.1+ App Rating

icon-with-text

4 Languages

icon-with-text

₹5100+ Cr MTF Book

icon-with-text