Announcement

Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed cautionary notices received from NSE & BSE and requisite details are enclosed at annexure-A & annexure-B, respectively. As mentioned in the said letters, copies of same are being disseminated to the Stock Exchanges. We take note of the contents of the said letters and will adhere to the compliance(s) stated therein.

Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, change in Senior Management is informed as under:

Please find attached herewith disclosure dated 27.03.2025 made by our subsidiary NTPC Green Energy Limited titled “Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Acquisition of Ayana Renewable Power Private Limited by ONGC NTPC Green Private Limited“. 

With this, the total installed and commercial capacity of NTPC on group basis has now become 79,930 MW.
Enclosure Attachment

In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that consequent upon successful commissioning, 245 MW capacity of NTPC's Nokh Solar PV Project, Rajasthan, is declared on Commercial Operation w.e.f. 00:00 Hrs.of 26.03.2025.

With this, the total installed and commercial capacity of NTPC on standalone and group basis has now become 59,413 MW & 77,806.50 MW respectively.

In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that based on certificate received on 25.03.2025 from Rajasthan Renewable Energy Corporation Limited, the third & last part capacity of 100 MW out of 320 MW Bhainsara Solar PV Project in Jaisalmer, Rajasthan of NTPC Renewable Energy Limited, a stepdown subsidiary of NTPC Limited through its subsidiary NTPC Green Energy Limited, is declared on Commercial Operation w.e.f. 20.03.2025.
 

The first part capacity of 160 MW and second part capacity of 60 MW has already been declared on commercial operation w.e.f. 28.08.2024 and 07.01.2025 respectively.

With this, the total installed and commercial capacity of NTPC group has now become 77,561.50 MW.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI (LODR) Regulations, 2015), this is to inform that the Company has received notices dated 17th March 2025 from National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) regarding non-compliance with the provisions of the SEBI (LODR) Regulations, 2015 and have imposed a fine of Rs.10,26,600/- each for such non-compliance.

In response to the aforesaid notices, NTPC Limited vide letter dated 18th March 2025 has submitted to NSE & BSE that NTPC Limited is a Government Company as per Section 2(45) of the Companies Act, 2013 and as per the Articles of Association of the Company, the power to appoint or remove the Directors vests with the President of India through its Administrative Ministry i.e. Ministry of Powe (MoP). Further, regarding Independent Directors, we are regularly pursuing with MoP for appointment of requisite number of independent directors on the Board of NTPC Limited so as to comply with SEBI (LODR) Regulations, 2015. The Committees required to be constituted under SEBI (LODR) Regulations, shall be reconstituted after appointment of Independent Directors. Hence, the aforesaid fine w.r.t. non-compliance of the SEBI (LODR), Regulations, 2015 should not be leviable.

Further, in continuation of our letter dated 22nd November 2024 intimating the fine levied by National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) regarding non-compliance with the provisions of Regulation 17(1) of the SEBI (LODR) Regulations, 2015, we wish to inform that such non-compliance, imposition of fines by the Stock Exchanges and replies thereto by the Company were placed before the Board of Directors at its meeting held on 1st March 2025. The Board took note of the same.

In line with Corporate Disclosure requirements, we wish to inform that, NTPC has decided to issue unsecured non-convertible debentures of Rs.4,000 crore on 20.03.2025, through private placement at a coupon of 7.26% p.a. for a tenor of 15 years, maturing on 20.03.2040, under the board resolution dated 29.06.2024 and subsequent approval obtained through shareholders’ resolution dated 29.08.2024.

This is the first issue of debentures under the above mentioned approval. 

Proceeds will be utilized for, inter alia, funding of capital expenditure, refinancing of existing loans and other general corporate purposes.

The debentures are proposed to be listed on NSE.

Debenture Trust Deed will be duly executed as per the requirements of and within the period of time prescribed under the Companies Act and rules specified therein.

We wish to inform that the following Senior Management Official is designated as Key Managerial Personnel w.e.f. 10th March 2025:

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), we wish to inform that the Thirty-Seven Officials have been appointed as Executive Director (Senior Management) of the Company with effect from 03.03.2025.

Details as required under regulation 30 of Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024 are enclosed as “Annexure-A” herewith.

We wish to inform that the following Senior Management Official is designated as Key Managerial Personnel w.e.f. 3rd March 2025:

We wish to inform that the Board of Directors of the Company, in its meeting held on 1st March 2025, has designated the following Senior Management Officials as Key Managerial Personnel:

In line with disclosure requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we wish to inform that, Consequent upon successful commissioning and due approvals, fourth & last part capacity of 18.32 MW out of 300 MW Shambu ki Burj-2 (Kolayat) Solar PV Project at Bikaner, Rajasthan of NTPC Green Energy Limited, is declared on Commercial Operation w.e.f. 00:00 Hrs. of 01.03.2025.

The first part capacity of 150 MW, second part capacity of 98.78 MW and third part capacity of 32.90 MW has  already been declared on commercial operation w.e.f. 00:00 Hrs. of 29.09.2022, 23:00 Hrs. of 30.09.2024 and
00:00 Hrs of 31.10.2024 respectively. With this, the total installed and commercial capacity of NTPC group has now become 77,411.50 MW.

Pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Corporation has received an order from the Deputy Commissioner of State Tax, LAKADGANJ 501, Nagpur of Maharashtra state for the payment of Tax, Interest and penalty under CGST Act 2017. The corporation will file an appeal before the 1st appellate authority of the applicable jurisdiction against the said order within the prescribed timeline.

There is no material impact on the financials, operations or other activities of the Corporation due to the above mentioned order.

The detail as required under regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) are attached as Annexure-A.

In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that ONGC NTPC GREEN PRIVATE LIMITED (ONGPL),  a 50:50 joint venture company of our subsidiary NTPC Green Energy Limited with ONGC Green Limited, has signed Share Purchase Agreement on 12.02.2025 with National Investment and Infrastructure Fund, BII South Asia Renewables Limited, British International Investment Plc, CDC India Opportunities Limited and Eversource Capital managed GGEF for acquisition of 100 % equity stake in Ayana Renewable Power Private Limited (Ayana). Ayana is a 4.1 GW Renewable Energy platform with operational and under construction assets and having enterprise value of approx. Rs.195 billion (~USD 2.3 billion).

The aforesaid acquisition is subject to completion of Condition Precedents and other terms and conditions, as per Share Purchase Agreement executed between the parties and approvals, as may be required under applicable laws.

Copy of press release titled “ONGPL Signs Share Purchase Agreement for 100% Acquisition of Ayana Renewable Power Private Limited” is also enclosed."

Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,  we wish to inform that, in a contractual dispute between NTPC Limited and Jindal ITF Limited (JITF), an Arbitral Award was pronounced on 27th January 2019 for the disputes arising out of one of the infrastructure project of NTPC Limited for transportation of coal through waterways for NTPC’s Farakka STPP, wherein Claims of Rs.1891 Crore (approx.)  plus interest were allowed against NTPC Limited.  NTPC Limited challenged the Arbitral Award before Hon’ble High Court of Delhi under Section 34 of The Arbitration & Conciliation Act, 1996. The Hon’ble High Court in the judgement pronounced on 30th January 2025 and uploaded on the High Court’s website on 1st February 2025, has set aside the aforesaid Arbitral Award in totality observing that the Arbitral Award falls into the category of “perverse” and “patently illegal”.

Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, change in Senior Management is informed as under:

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Corporation has received an order from the Superintendent (Adjudication), CGST, Central Excise, Faizabad of UP state for the payment of Tax, Interest and penalty under CGST Act 2017. The corporation will file an appeal before the 1st appellate authority of the applicable jurisdiction against the said order within the prescribed timeline.

There is no material impact on the financials, operations or other activities of the Corporation due
to the above mentioned order.

The detail as required under regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) are attached as Annexure-A.
 

We wish to inform that the Board of Directors of the Company, in its meeting held on 25th January 2025, has designated the following Senior Management Officials as Key Managerial Personnel:

In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we

wish to inform you that consequent upon successful commissioning and due approvals, Unit I (660 MW) of

Khurja STPP (2X660 MW) of THDC India Limited, a subsidiary of NTPC Limited, is declared on Commercial

Operation w.e.f. 00:00 Hrs of 26.01.2025.

With this, the total installed and commercial capacity of NTPC group has now become 77393.18 MW.

NTPC Limited will hold a conference call for analysts and investors at 05:00 PM IST on January 25, 2025, wherein the Senior Management team of NTPC Limited comprising of Mr. Jaikumar Srinivasan – Director (Finance), Mr. Shivam Srivastava – Director (Fuel), Mr. K. Shanmugha Sundaram – Director (Projects), Mr. Ravindra Kumar – Director (Operations) and Mr. Anil Kumar Jadli  –  Director (HR) will discuss the Company’s results for the 3rd quarter of financial year 2024-25 and answer questions from the participants.

To participate in the conference call, please dial the numbers provided below five to ten minutes ahead of the scheduled start time. The operator will provide instructions for asking questions before the call.

Or click below for the Express Diamond Pass link :

Recording and transcript of the conference call will be available on the Company’s website post the conference call. 

For any further enquiries regarding the conference call, the following may be contacted: 

             Mr. Apoorva Bahadur | 91 90046 98700 | apoorva.bahadur@iiflcap.com

Regards 
Aditya Dar
Executive Director (Finance) 
Investor Services Department
Tel No. 011 2436 7072
Email:adityadar@ntpc.co.in

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that NTPC Limited has signed a Supplementary Joint Venture Agreement-2 (SJVA-2) with Nuclear Power Corporation of India Limited on 9th January 2025. This SJVA-2 will amend Joint Venture Agreement (JVA) dated 27th April 2010 and form an integral part of JVA dated 27th April 2010.

Details required to be disclosed as per the Master Circular No. SEBI/HO/CFD/PoD2/ CIR/P/0155 dated 11th November 2024 issued by the Securities and Exchange Board of India are enclosed as Annexure-I.

In continuation to the letter dated 24.05.2024, it is hereby informed that “NTPC PARMANU URJA NIGAM LIMITED”, has been incorporated on 07.01.2025 as wholly owned subsidiary of NTPC Limited for undertaking Nuclear Energy Business.

The details as required under regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) are attached as Annexure-A

In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that on the basis of certificate dated 26.12.2024 issued by Gujarat Energy Development Agency, first part capacity of 37.50 MW out of 200 MW Gujarat Solar PV Project in Sadla, Gujarat of NTPC Renewable Energy Limited (NTPC REL), a stepdown subsidiary of NTPC Limited through its subsidiary NTPC Green Energy Limited, is declared on Commercial Operation w.e.f. 21.12.2024. 

With this, the total installed and commercial capacity of NTPC group has now become 76598.18 MW.

In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that on the basis of certificate dated 18.12.2024 issued by Gujarat Energy Development Agency, second part capacity of 30 MW out of 150 MW Gujarat Solar PV Project in Mesanka, Gujarat of NTPC Renewable Energy Limited (NTPC REL), a stepdown subsidiary of NTPC Limited through its subsidiary NTPC Green Energy Limited, is declared on Commercial Operation w.e.f. 11.12.2024.

The first part capacity of 60 MW has already been declared on commercial operation w.e.f. 29.07.2024.

With this, the total installed and commercial capacity of NTPC group has now become 76560.68 MW.

Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, change in Senior Management is informed as under:

Please find attached press release regarding MOU signed between NTPC Green Energy Limited (NGEL) and Chhattisgarh State Power Generation Company Limited (CSPGCL) for development of renewable projects dated 26th November 2024.

NTPC Green Energy Limited (NGEL) is a wholly owned subsidiary of NTPC Limited.

Press Release

MOU signed between NTPC Green Energy Limited (NGEL) and Chhattisgarh State Power Generation Company Limited (CSPGCL) for development of renewable projects.

26th November 2024: A Memorandum of Understanding (MoU) was signed on 26th November 2024 in Raipur between NTPC Green Energy Limited (NGEL) and Chhattisgarh State Power Generation Co. Ltd. (CSPGCL) to develop up to 2000 MW renewable energy projects including floating solar.

The MoU was exchanged between Chief Engineer (CP & BD) CSPGCL, Shri G. K. Gupta and General Manager (Engineering) NGEL, Shri D. Joshi, in the esteemed presence of Shri S. K. Katiyar, Managing Director CSPGCL, Shri P. K. Mishra, Regional Executive Director (WR-II) NTPC, and other dignitaries from NGEL, NTPC, and CSPGCL.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI (LODR) Regulations, 2015), this is to inform that the Company has received notices dated 21st November 2024 from National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) regarding non-compliance with the provisions of Regulation 17(1) of the SEBI (LODR) Regulations, 2015 pertaining to composition of Board of Directors and have imposed a fine of Rs.5,42,800/- each by NSE & BSE for such non-compliance.

In response to the aforesaid notices, NTPC Limited vide letter dated 22nd November 2024 has submitted to NSE & BSE that NTPC Limited is a Government Company as per Section 2(45) of the Companies Act, 2013 and as per the Articles of Association of the Company, the power to appoint or remove the Directors vests with the President of India through its Administrative Ministry i.e. Ministry of Power (MoP). Hence, the aforesaid fine w.r.t. non-compliance of Regulation 17(1) of the SEBI (LODR), Regulations, 2015 should not be leviable.

Further, regarding Independent Directors, we are regularly pursuing with MoP for appointment of requisite number of independent directors on the Board of NTPC Limited so as to comply with Regulation 17(1) of SEBI (LODR) Regulations, 2015.

Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that in terms of Order No. 8/4/2020-Th.1 dated 12th November 2021 of Ministry of Power (MoP), the following individuals ceased to hold the position of Independent Director of the Company upon completion of their term of appointment of three years on 11th November 2024: -

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that NTPC Limited has signed a Joint Venture Agreement with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) for Chhabra Thermal Power Plant on 4th November 2024.

Details required to be disclosed as per the Securities and Exchange Board of India Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July 2023, are enclosed as Annexure-I.

Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, change in Senior Management is informed as under:

NTPC Limited will hold a conference call for analysts and investors at 01:00 PM IST on Oct 25, 2024, wherein the Senior Management team of NTPC Limited comprising of Mr. Jaikumar Srinivasan – Director (Finance), Mr. Shivam Srivastava – Director (Fuel), Mr. K. Shanmugha Sundaram – Director (Projects), Mr. Ravindra Kumar – Director (Operations) and Mr. Anil Kumar Jadli  –  Director (HR) will discuss the Company’s results for the 2nd quarter of financial year 2024-25 and answer questions from the participants.

To participate in the conference call, please dial the numbers provided below five to ten minutes ahead of the scheduled start time. The operator will provide instructions for asking questions before the call.

Or click below for the Express Diamond Pass link :

Recording and transcript of the conference call will be available on the Company’s website post the conference call. 

For any further enquiries regarding the conference call, the following may be contacted: 

Mr. Sudhanshu Bansal | +91-99106 93618 | sudhanshu.bansal@jmfl.com
Mr. Krishnakant Phafat | +91-91756 01111 | krishnakant.phafat@jmfl.com
Ms. Lorraine Gomes | +91-98218 33479 |lorraine.Gomes@jmfl.com
 

Regards 
Aditya Dar
Executive Director (Finance) 
Investor Services Department
Tel No. 011 2436 7072
Email:adityadar@ntpc.co.in

Pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Corporation has received an order from the Additional Commissioner, Central Tax and Central Excise, Delhi East of Delhi state for the payment of Tax, Interest and penalty under Finance Act 1994. The corporation will file an appeal before the 1st appellate authority of the applicable jurisdiction against the said order within the prescribed timeline.

There is no material impact on the financials, operations or other activities of the Corporation due to the above mentioned order.

The detail as required under regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) are attached as Annexure-A;

In terms of Regulation 13 Sub-regulation (3) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the status of investors complaints/grievances for the quarter ending 30.09.2024, is as under:

In line with the Corporate Disclosure requirements, we wish to inform that in continuation of our letter dated 7th October 2023 and 3rd November 2023, the Office of the Comptroller and Auditor General of India, vide their letter no. No./CA. V/COY/CENTRAL GOVERNMENT,NTPC(5)/350 dated 21st September 2024, has re-appointed the following firms of Chartered Accountants as the Joint Statutory Auditors of the Company for the Financial Year 2024-25:-

1. M/s. Vinod Kumar & Associates, Chartered Accountants, New Delhi

2. M/s. Goyal Parul & Co., Chartered Accountants, New Delhi

3. M/s. M.C. Bhandari & Co., Chartered Accountants, Hyderabad

4. M/s. JKSS & Associates, Chartered Accountants, Jaipur

5. M/s. Agasti & Associates, Chartered Accountants, Bhubaneshwar

6. M/s. S.N. Kapur & Associates, Chartered Accountants, Kanpur

The above firm(s) of Chartered Accountants shall also be the Joint Statutory Auditors for Consolidated Financial Statements for the Financial Year 2024-25 under section 139 read with Section 129(4) of the Companies Act, 2013.

Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, change in Senior Management is informed as under:

Please find attached press release titled “NGEL Signs MoU with Govt of Rajasthan for development of 25 GW of RE Projects” dated 30.09.2024.

NTPC Green Energy Limited (NGEL) is a wholly owned subsidiary of NTPC Limited.

Press Release

NGEL Signs MoU with Govt of Rajasthan for development of 25 GW of RE Projects

New Delhi, Sept 30th 2024:  On the occasion of Rising Rajasthan Investor Meet at New Delhi, NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Ltd, signed a Memorandum of Understanding (MoU) with Govt of Rajasthan on 30th September 2024 for development of 25 GW of Renewable Energy Projects in the state of Rajasthan. 
The MoU was exchanged between Shri K S Sundaram, Director (Projects), NGEL and Shri Alok, (IAS) ACS (Energy) in the presence of Hon’ble Chief Minister of Rajasthan. Senior officials from Government of Rajasthan and NGEL were also present on the occasion.

Please find attached press release titled “NGEL Inks JV Agreement with MAHAPREIT for Development of 10 GW RE Projects” dated 26.09.2024.

NTPC Green Energy Limited (NGEL) is a wholly owned subsidiary of NTPC Limited.

Press Release

NGEL Inks JV Agreement with MAHAPREIT for Development of 10 GW RE Projects
New Delhi, Sept 26th 2024:  NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Ltd, entered into a Joint Venture Agreement (JVA) with Mahatma Phule Renewable Energy and Infrastructure Technology Ltd. (MAHAPREIT) on 25th September 2024. 
The JVA was signed by Shri Rajiv Gupta, CEO (NGEL) and Shri Bipin Shrimali, MD (MAHAPREIT) at Mumbai in the presence of other senior officials from NGEL and MAHAPREIT.
The JV Company will undertake development of 10 GW of Renewable Energy Parks and Projects in Maharashtra or in any other state of India. 

We wish to inform that the Board of Directors of the Company, in its meeting held on 19th September 2024, has accorded investment approval for Sipat Super Thermal Power Project, Stage-III (1x800 MW)  at an appraised current estimated cost of INR 9790.87 Crore. 

We wish to inform you that NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has filed a draft red herring prospectus (“DRHP”) dated 18th September, 2024, with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited in respect of its proposed initial public offer (IPO) of equity shares, subject to receipt of requisite approvals, market conditions and other considerations.

NGEL is proposing to undertake an IPO of its equity shares of face value of Rs.10/- each (Equity Shares), comprising a fresh issue of Equity Shares aggregating up to Rs. 100,000.00 million.

In accordance with the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, the IPO includes a reservation for subscription by eligible shareholders of NTPC Limited and eligible employees of NTPC Limited and the subsidiaries of NGEL.

Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that the below mentioned executive has taken over charge as part of Senior Management (one level below the Board) w.e.f. 16.09.2024

Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, change in Senior Management is informed as under:

Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we wish to inform that in terms of the Order No. 8/3/2023-Th.l dated 22nd August 2024, issued by the Minister of Power, Government of India, the Board of Directors of NTPC Limited has approved the appointment of Shri Anil Kumar Jadli (DIN:10630150), CGM (HR), NTPC Limited to the post of Director (HR), NTPC Limited w.e.f. the date of his assumption of charge of the post i.e. 23rd August 2024 till the date of his superannuation i.e., 30th June 2029 or until further orders, whichever is earlier.  

The brief profile of Shri Anil Kumar Jadli and other details as per SEBI Circular dated 13th July 2023 is attached at “Annexure-A”.

Shri Anil Kumar Jadli does not hold any share in NTPC Limited and is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI (LODR) Regulations, 2015), this is to inform that the Company has received notices dated 21st August 2024 from National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) regarding non-compliance with the provisions of Regulation 17(1) of the SEBI (LODR) Regulations, 2015 pertaining to composition of Board of Directors and have imposed a fine of Rs.5,36,900/- each by NSE & BSE for such non- compliance.

In response to the aforesaid notices, NTPC Limited vide letter dated 22.08.2024 has submitted to NSE & BSE that NTPC is a Government Company as per Section 2(45) of the Companies Act, 2013 and as per the Articles of Association of the Company, the power to appoint or remove the Directors vests with the President of India through its Administrative Ministry i.e. Ministry of Powe (MoP). Hence, the aforesaid fine w.r.t. non-compliance of Regulation 17(1) of the SEBI (LODR), Regulations, 2015 should not be leviable.

Further, regarding Independent Directors, we are regularly pursuing with MoP for appointment of requisite number of independent directors on the Board of NTPC so as to comply with Regulation 17(1) of SEBI (LODR) Regulations, 2015.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Corporation has received an order from the Joint Commissioner (Corporate Circle), State Tax, Lucknow Zone-2 of UP state for the payment of Tax, Interest and penalty under Goods and Service Tax laws. The corporation will file an appeal before the 1st appellate authority of the applicable jurisdiction against the said order within the prescribed timeline.

There is no material impact on the financials, operations or other activities of the Corporation due to the above-mentioned order.

The detail as required under regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) are attached as Annexure-A.
 

Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we wish to inform that in terms of the Order No. 8/6/2018-Th.l dated 2nd August 2024, issued by the Minister of Power, Government of India, the Board of Directors of NTPC Limited has approved the appointment of Shri Mahabir Prasad (DIN: 07094229), Joint Secretary & Financial Advisor, Ministry of Power as an Additional Director (Govt. Nominee Director) on the Board of NTPC Limited with effect from 14th August 2024 till his tenure in Ministry of Power or until further orders, whichever is earlier. 

The brief profile of Shri Mahabir Pasad and other details as per SEBI Circular dated 13th July 2023 is attached at Annexure-A.

Shri Mahabir Pasad does not hold any share in NTPC Limited and is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.

Pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Corporation has received an order from the Deputy Commissioner (ST), State Special Circle-I, Kunchanapalli, Guntur Dist. of Andra Pradesh state, for the payment of Tax, Interest and penalty under Goods and Service Tax laws. The corporation will file an appeal before the 1st appellate authority of the applicable jurisdiction against the said order within the prescribed timeline.

There is no material impact on the financials, operations or other activities of the Corporation due to the above mentioned order.

The detail as required under regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) are attached as Annexure-A.

Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, change in Senior Management is informed as under:

Consequent upon successful commissioning and due approvals, second and last part capacity of 26 MW out of 40 MW Ayodhya Solar PV Project (Uttar Pradesh) of NTPC Green Energy Limited (a wholly-owned subsidiary of NTPC Limited), is declared on Commercial Operation w.e.f. 00:00 Hrs of 31.07.2024.

With this, group installed and commercial capacity of NTPC has become 76074 MW.

This is to inform that the 48th Annual General Meeting (AGM) of the members of NTPC Limited will be held on Thursday, 29th August, 2024 at 10:30 a.m. through Video Conferencing (VC)/ Other Audio-Visual Means (OAVM). Notice of the AGM along with the Annual Report for the Financial Year 2023-24 will be submitted separately.  

In accordance with the relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India, Notice of the AGM along with the Annual Report for the Financial Year 2023-24 will be sent by electronic mode only to those Members whose e-mail address(es) are registered with the Company/Depositories. 

Further, pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in continuation of disclosure dated 24th May, 2024, it is hereby informed that the Company has fixed Wednesday, 7th August, 2024 as Record Date for the purpose of ascertaining the entitlement of Members for the Final Dividend of Rs.3.25/- (Three Rupees twenty five paisa only) per share (on the face value of Rs. 10/- each) on the Equity Shares of the Company for the Financial Year 2023-24 as recommended by the Board of Directors of the Company in their meeting held on 24th May 2024. 

If the Final Dividend, as recommended by the Board of Directors, is approved at the ensuing Annual General Meeting, payment of such dividend, subject to deduction of tax at source, will be made on or after 11th September, 2024.

In terms of Regulation 13 Sub-regulation (3) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the status of investors complaints/grievances for the quarter ending 30.06.2024, is as under:

Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, change in Senior Management effective from 01.07.2024 is informed as under:

In continuation of our letter dated 25.06.2024 and in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the Board of Directors of the Company has, in its meeting held on Saturday, 29th June, 2024, subject to approval of shareholders, approved the issue of secured/ unsecured, redeemable, taxable/tax-free, cumulative/non-cumulative, non-convertible debentures ("Bonds/NCDs") up to Rs.12,000 Crore in one or more tranches/series not exceeding 12 (twelve), through private placement in domestic market during the period commencing from the date of passing of special resolution till completion of one year thereof or the date of next Annual General Meeting in the financial year 2025-26, whichever is earlier.

The Size, tenure, listing details (BSE and/or NSE), Coupon, Security (if applicable) and other details as applicable will be decided at the time of issue of each tranche/series.

Pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in terms of SEBI Circular No.  SEBI / HO / MIRSD / MIRSD_RTAMB/ P / CIR / 2022 / 8 dated January 25, 2022, the details of ‘Letter(s) of Confirmation’ issued by the Company, in lieu of share certificate(s) reported as lost, are as under:

Pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that we have received intimation from our Registrar & Share Transfer Agent regarding loss of Share Certificate(s) and request for issuance of duplicate Share Certificate(s) as per the following details:

We will initiate necessary process in this regard.

Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, change in Senior Management effective from 01.06.2024 is informed as under:

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), we wish to inform that, the Board of Directors of the Company in their meeting held on 24th May 2024 has accorded the in-principle approval for incorporation of a wholly owned subsidiary company for undertaking Nuclear Energy Business, subject to approval of its administrative Ministry i.e. Ministry of Power, DIPAM Niti Aayog and/or other statutory authorities as may be required. 

Further development would be intimated in due course of time.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI (LODR) Regulations, 2015), this is to inform that the Corporation has received notices from National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) dated 22nd May 2024 regarding non-compliance with the provision of Regulation 17(1) of the SEBI (LODR) Regulations, 2015 for not having requisite number of Non-executive and Independent Directors on the Board of the Company during the quarter ended 31st March, 2024 and has imposed a fine of Rs. 5,36,900/- each by NSE & BSE for such non- compliance. 

The detail as required under regulation 30 of SEBI (LODR) Regulations, 2015 (as amended) are attached as Annexure-A. 

In response to the aforesaid notices, NTPC Limited vide letter dated 23.05.2024 has submitted to NSE & BSE that the aforesaid fine w.r.t. non-compliance of Regulation 17(1) of the SEBI (LODR), Regulations, 2015 is not leviable since, NTPC is a Government Company as per Section 2 (45) of the Companies Act, 2013. As per the Articles of Association of the Company, the power to appoint or remove the Directors vests with the President of India through its Administrative Ministry i.e. Ministry of Power (MoP). Post cessation of tenure of one Government Nominee Director (Non- Executive) on the Board of NTPC on 31.12.2023, MoP is yet to appoint a Director (Government Nominee / Non-Executive) in his place. Further, regarding Independent Director, we are regularly pursuing with MoP for appointment of requisite number of independent directors on the Board of NTPC so as to comply with Regulation 17(1)(a) and Regulation 17(1)(b) of SEBI (LODR) Regulations, 2015.

NTPC Limited will hold a conference call for analysts and investors at 07:00 PM IST on May 24, 2024, wherein the Senior Management team of NTPC Limited comprising of Mr. Jaikumar Srinivasan – Director (Finance), Mr. Shivam Srivastava – Director (Fuel), Mr. K. Shanmugha Sundaram – Director (Projects) and Mr. Ravindra Kumar – Director (Operations) will discuss the Company’s results for the 4th quarter and financial year 2023-24 and answer questions from the participants.

To participate in the conference call, please dial the numbers provided below five to ten minutes ahead of the scheduled start time. The operator will provide instructions for asking questions before the call.

Or Express Join with DiamondPass™

Recording and transcript of the conference call will be available on the Company’s website post the conference call. 

For any further enquiries regarding the conference call, the following may be contacted: 

Mr. Subhadip Mitra
Nuvama Wealth Management
Email: Subhadip.Mitra@nuvama.com

Regards 
Aditya Dar
Executive Director (Finance) 
Tel No. 011 2436 7072
Email:isd@ntpc.co.in                                         

In line with the Corporate Disclosure requirements, we wish to inform that:

Pursuant to Order No. 8/3/2023-Th.I dated 25th April, 2024 of Ministry of Power, consequent upon retirement of Shri Dillip Kumar Patel (DIN: 08695490), Director (HR), NTPC Ltd., on attaining the age of superannuation on 30.04.2024, the Competent Authority has decided that Shri Jaikumar Srinivasan (DIN: 01220828), Director (Finance), NTPC Ltd. will hold the additional charge to the post of Director (HR), NTPC Ltd. for a period of three (3) months i.e. w.e.f. 01.05.2024 or till the regular incumbent joins to the post of Director (HR), NTPC Ltd. or until further orders, wherever is earlier.

In line with the Corporate Disclosure requirements, we wish to inform that:

On attaining the age of superannuation, Shri Dillip Kumar Patel (DIN: 08695490) has ceased to be Director (HR) of NTPC Limited on 30.4.2024 (A/N).

Pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Corporation has received an order from the Assistant Commissioner, Alandur, South-III, Chennai, South of Tamil Nadu state, for the payment of Tax, Interest and penalty under Goods and Service Tax laws. The corporation shall partly pay the demand and for remaining amount will file an appeal before the 1st appellate authority of the applicable jurisdiction against the said order within the prescribed timeline.

There is no material impact on the financials, operations or other activities of the Corporation due to the above mentioned order.

The detail as required under regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) are attached as Annexure-A.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, details of senior officials of NTPC Limited who have superannuated from the post of Executive Director (ED) (i.e., Senior Management Personnel - One level below the Board of Directors) w.e.f. 30.4.2024 are submitted as Annexure-I.

Annexure-I

Pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Corporation has received four orders from the GST Authorities of different states for payment of Tax, Interest and penalty under Goods and Service Tax laws. The corporation shall file appeals before the 1st appellate authority of the applicable jurisdiction against the said orders within the prescribed timeline except in one case wherein the corporation has decided to pay the demand in full.

There is no material impact on the financials, operations or other activities of the Corporation due to the above mentioned order.

The detail as required under regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) are attached as Annexure-A.

Pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Corporation has received an order from the Deputy Commissioner, State Tax Lakadganj_501, Nagpur for payment of Tax, Interest and penalty under Goods and Service Tax laws. The corporation shall file an appeal before the 1st appellate authority of the applicable jurisdiction against the said orders within the prescribed timeline.

There is no material impact on the financials, operations or other activities of the Corporation due to the above mentioned order.

The detail as required under regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (as amended) are attached as Annexure-A;

Pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in terms of SEBI Circular SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated January 25, 2022, this is to inform that NTPC Limited has issued Letter of Confirmation to its shareholders in lieu of physical share certificates reported as lost by them, after removing objections. Details are provided at Annexure-I. 

Annexure-I

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that NTPC Limited has signed a Supplementary Joint Venture Agreement-3 with NHPC, POWERGRID, DVC & CPRI on 23rd April 2024. This Supplementary Joint Venture Agreement (SJVA) will amend Joint Venture Agreement (JVA) of National High Power Test Laboratory Pvt. Ltd (NHPTL) dated 8th April 2009 and form integral part of JVA dated 8th April 2009.

Details required to be disclosed as per the Securities and Exchange Board of India circular no. CIR/CFD/CMD/4/2015 dated September 9, 2015, are enclosed as Annexure-I.

Pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Corporation has received an order from the Joint Commissioner, CGST and Central Excise, Patna-I for payment of Tax, Interest and penalty under Goods and Service Tax laws. The corporation shall file an appeal before the 1st appellate authority of the applicable jurisdiction against the said orders within the prescribed timeline.

There is no material impact on the financials, operations or other activities of the Corporation due to the above-mentioned order.

The detail as required under regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) are attached as Annexure-A.

In terms of Regulation 13 Sub-regulation (3) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the status of investors complaints/grievances for the quarter ending 31.03.2024, is as under:

Pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Corporation has received an order from the State Tax Officer, Ghatak 57, Range -15, Division – 7, Surat, Gujarat, for collection of Interest and penalty under Goods and Service Tax laws. The corporation shall file an appeal before the 1st appellate authority of the applicable jurisdiction against the said orders within the prescribed timeline.

There is no material impact on the financials, operations or other activities of the Corporation due to the above mentioned order.

The detail as required under regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) are attached as Annexure-A.

Pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Corporation has received an order from the Deputy Commissioner (ST), State Special Circle-I, Kunchanapalli, Guntur Distt. for collection of Goods and Service Tax, Interest and penalty for Andra Pradesh state. The corporation shall file an appeal before the 1st appellate authority of the applicable jurisdiction against the said orders within the prescribed timeline.

There is no material impact on the financials, operations or other activities of the Corporation due to the above mentioned order.

The detail as required under regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) are attached as Annexure-A.

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that NTPC Limited has signed Supplementary Joint Venture Agreement (SJVA), Amendment-II, with U.P. Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) on 1st April, 2024. This SJVA Amendment Number-II shall form an integral part of the Joint Venture Agreement (JVA) dated 28th February, 2008 and SJVA Amendment Number-I dated 13th September, 2023, and shall constitute the entire agreement between NTPC and UPRVUNL in relation to the subject matter.

Details required to be disclosed as per the Securities and Exchange Board of India Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are enclosed as Annexure-I.

Dear Sir/Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, details of senior officials of NTPC Limited who have superannuated from the post of Executive Director (ED) (i.e., Senior Management Personnel - One level below the Board of Directors) w.e.f. 31.3.2024 are submitted as Annexure-I. 

Annexure-I

Consequent upon successful commissioning and due approvals, second & last part capacity of 80 MW out of 150 MW Chhattargarh Solar PV Project in Bikaner, Rajasthan of NTPC REL a stepdown subsidiary of NTPC Limited through its wholly owned subsidiary NTPC Green Energy Limited, is declared on Commercial Operation w.e.f. 29.03.2024.

The first part capacity of 70 MW has already been declared on commercial operation w.e.f. 21.02.2024.

With this, the total installed and commercial capacity of NTPC group has now become 75958 MW.

Consequent upon successful commissioning and due approvals, Durgapur PP-III Unit-2 of 20 MW of NTPC-SAIL Power Company Limited, is declared on Commercial Operation w.e.f. 29.03.2024.

With this, the total installed and commercial capacity of NTPC group has now become 75878 MW.

We wish to inform that based on achievement of approved norms and due approvals, Unit-2 of 660 MW of 1320 MW (2x660 MW) Maitree Super Thermal Power Plant (MSTPP) at Rampal, Mongla, Bagerhat of Bangladesh-India Friendship Power Company (Pvt.) Limited is included in the installed & commercial capacity of NTPC Group w.e.f. 12.03.2024.

Unit-1 of 660 MW of 1320 MW (2x660) Maitree Super Thermal Power Plant (MSTPP) had already been included in the installed & commercial capacity of NTPC Group w.e.f. 23.12.2022.

With this, the total installed and commercial capacity of NTPC group has now become 75858 MW.