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Business Standard
7 hours ago
- Business
- Business Standard
NTPC becomes first PSU to adopt global standard for power supply continuity
NTPC Limited, India's largest power producer, has become the first public sector company in the country's power industry to implement a Business Continuity Plan (BCP) aligned with ISO 22301:2019, the international benchmark for business continuity management systems (BCMS). In an official release on Friday, NTPC said the plan would strengthen its ability to maintain uninterrupted power generation and supply in the face of unexpected events. 'This strategic initiative strengthens NTPC's ability to ensure uninterrupted power generation and supply under all circumstances,' the company stated. Adopting global best practices A business continuity plan is a formal set of procedures designed to help an organisation prepare for, respond to, and recover from disruptions — such as natural disasters, cyberattacks, supply chain issues, or technical breakdowns — while protecting employees and assets. ISO 22301:2019 sets out globally accepted requirements for such plans, focusing on prevention, preparedness, response, and continual improvement. NTPC said its framework has been developed 'in alignment with global best practices and tailored to NTPC's expansive operational footprint'. The BCP includes regular risk assessments, disaster recovery drills, backup communication systems, and coordinated response protocols. Address risks in energy sector The plan also provides for ongoing review to address new risks in the fast-changing energy sector. 'The BCP… includes mechanisms for continuous review and improvement to address emerging risks,' the company said. The adoption of the plan was formally approved by NTPC's Risk Management Committee, making it the first PSU in India's power sector to implement an ISO-compliant BCMS.
Business Insider
5 days ago
- Business
- Business Insider
Bank of America Securities upgrades NTPC Limited (NTPC) to a Hold
NTPC Limited received a Hold rating and a INR338.00 price target from Bank of America Securities analyst Amish Shah today. The company's shares closed last Friday at INR334.75. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Shah is a 2-star analyst with an average return of 0.2% and a 47.06% success rate. NTPC Limited has an analyst consensus of Moderate Buy, with a price target consensus of INR413.22. The company has a one-year high of INR448.30 and a one-year low of INR292.70. Currently, NTPC Limited has an average volume of 2.15M.
Time of India
6 days ago
- Business
- Time of India
NTPC ready to invest Rs 80,000 cr in Telangana's renewable energy push
1 2 Hyderabad: A delegation from NTPC Limited, led by chairman and managing director Gurdeep Singh, met chief minister A Revanth Reddy on Saturday and expressed interest in investing ₹80,000 crore in solar, wind, and other renewable energy projects in Telangana. The NTPC team highlighted the state's potential to generate 6,700 MW through floating solar projects. CM Revanth assured full govt support for their investments. Earlier this week, deputy chief minister Bhatti Vikramarka met Union power minister Manohar Lal Khattar, seeking approvals for intra-state transmission system proposals under the green energy corridor–phase 3. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad Bhatti explained that the Solar Energy Corporation of India had initially identified renewable energy zones with 13.5 GW capacity in five Telangana districts for generating power from wind, solar, and pumped storage projects. After consultations with SECI and TGRedco, and factoring in land availability and potential, this was revised to 19 GW across eight districts. TG Transco submitted a proposal to the Central Electricity Authority for eight transmission schemes with a cumulative evacuation capacity of 19 GW, at an estimated cost of ₹6,895 crore. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Raksha Bandhan wishes , messages and quotes !
Business Upturn
18-07-2025
- Business
- Business Upturn
NTPC extends tenure of Chairman & CMD Gurdeep Singh by one year
NTPC Limited informed the exchanges on Friday that the Government of India has approved the re-employment of its Chairman & Managing Director (CMD), Shri Gurdeep Singh, on contract for one more year after his superannuation. According to the company's filing to BSE and NSE dated July 18, 2025, the Ministry of Power communicated that the President of India has re-employed Gurdeep Singh (DIN: 00307037) as CMD of NTPC Limited from August 1, 2025, till July 31, 2026, or until a regular incumbent assumes charge, or further orders — whichever is earlier. The extension comes as part of the government's decision to retain his leadership to steer the company through its ongoing strategic projects and energy transition initiatives. NTPC stated that it is in the process of completing the statutory formalities required for the re-appointment. Further disclosures as per SEBI Listing Regulations will be submitted separately. The decision reflects confidence in Gurdeep Singh's leadership at India's largest power producer during a crucial phase in the company's growth and diversification into renewable energy. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Upturn
08-07-2025
- Business
- Business Upturn
NTPC arm declares commercial operation of Unit II (250 MW) at Tehri pumped storage project
By Aditya Bhagchandani Published on July 8, 2025, 19:25 IST THDC India Limited, a subsidiary of NTPC Limited, has announced the commercial operation of Unit II (250 MW) of its Tehri Pumped Storage Project (PSP) (4×250 MW) in Uttarakhand. In a regulatory filing dated July 8, 2025, the company informed that following successful commissioning and receipt of all due approvals, the unit will begin commercial operations from 00:00 hours on July 10, 2025. Key highlights: Project: Tehri PSP (Pumped Storage Project), Uttarakhand Unit: II Capacity: 250 MW Total project capacity: 4×250 MW = 1,000 MW THDC's total installed & commercial capacity after this COD: 2,747 MW The Tehri PSP is designed to augment grid stability and provide peak power by utilizing surplus off-peak energy to pump water from a lower reservoir to an upper reservoir. With this milestone, two of the four planned units at Tehri PSP have now achieved commercial operations. The disclosure was signed by Rashmi Sharma, Company Secretary & Compliance Officer of THDC India Limited, and submitted to both BSE Limited and National Stock Exchange of India Limited. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
