NTPC shares rebound as power giant achieves milestones

18 Sep 2023 CW Team

On September 13, NTPC shares exhibited a modest recovery, trading 1% higher at Rs 237 during early trading hours. This rebound followed a previous day's decline of over 3%, on September 12. The positive sentiment was driven by NTPC's announcement regarding the completion of Unit-1, an 800-megawatt (MW) segment, at the Telangana Super Thermal Power project.

In an exchange filing made on September 12, NTPC reported that the installed capacity of both NTPC and the NTPC group had now reached 57,838 MW and 73,824 MW, respectively.

Additionally, NTPC revealed that it had declared a final dividend of Rs 29.09 billion for the fiscal year 2022-23. This dividend payout represents 30% of the paid-up equity share capital of NTPC. Impressively, the total dividend distributed for FY 2022-23 amounted to Rs 70.3 billion, equivalent to 41% of the profit after tax (PAT). This accomplishment marked the 30th consecutive year in which the company had rewarded its investors with dividends, showcasing its commitment to delivering consistent returns.

In a pioneering move for India, NTPC, a significant coal consumer in the power sector, successfully produced 'green coal' (torrefied charcoal) through a trial process utilising municipal solid waste (MSW) or garbage. Following a successful trial in Varanasi, the central public sector undertaking announced plans to establish more waste-to-coal plants across the nation. The largest of these proposed plants, with a capacity of 900 tonnes per day (TPD), is set to be located in Greater Noida.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..