NTPC Announces Ambitious Expansion Plans Beyond FY26
NTPC’s Strategic Growth Plan
NTPC, the leading power utility company, has outlined an ambitious plan to augment its thermal power capacity by 11.2 GW beyond the fiscal year 2026. This expansion comes as part of the company’s broader strategy to diversify earnings, with a particular emphasis on ventures in green hydrogen and battery storage.
Despite a substantial surge in stock prices, the company’s valuations are deemed reasonable, further bolstering investor confidence in NTPC’s growth trajectory. The dividend yield for investors is anticipated to hover between 3-4%, adding an attractive dimension to the investment proposition.
Favorable Outlook and Price Target
The Ministry of Power (MoP)’s ambitious target of achieving 80 GW of thermal power capacity aligns seamlessly with NTPC’s expansion plans, contributing to a favorable outlook for the company. Analysts project a promising future for NTPC, culminating in a price target of Rs. 300.
