NTPC (NTPC) — Board Meeting

NTPC's board approved two strategic initiatives: formation of a 50:50 joint venture with EDF Power Solutions India to develop pumped storage plants, and establishment of a wholly-owned subsidiary in Mauritius for floating solar photovoltaic projects. Both approvals are subject to clearance from the Ministry of Power, DIPAM, and other statutory authorities. These moves expand NTPC's renewable energy portfolio and international presence.

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About NTPC Limited (NTPC)

Power · Power · Listed on NSE

Market Cap: ₹3,83,260.73 Cr P/E: 15.8 ROE: 13.1% ROCE: 8.8%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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