Explainer: Why India’s largest power generation company could decide Sensex open on May 26

Government-owned NTPC Ltd, which shed its former monicker National Thermal Power Corporation, is not just India’s largest power generation company. It is also an active ingredient in the 30-pack Sensex, the BSE benchmark index.

 

Later on May 24, state-owned NTPC posted almost a 22 per cent jump in consolidated quarterly net profit of ₹7,897.14 crore. This was mostly due to major gains in revenue from its power generation vertical.

 

Fourth-quarter revenue from its generation arm expanded to ₹49,352.99 crore from ₹47,088.70 crore a year ago. This pushed the total Q4 income to ₹51,085.05 crore.

 

This meant that the total FY 2025 income of the state-owned power giant skyrocketed to a staggering ₹1.91 lakh crore.

 

NTPC also posted that its fiscal 2025 capacity jumped to 79,930MW from last year’s 75,958MW. This was almost a 4,000MW increase. Gross power generation also rose 3.07 per cent to 372.825 billion units.

 

The power giant said that looks to generate 30 GW of nuclear power by 2070. “In FY 2024-2025, the Government of India approved ASHVINI to build, own, and operate nuclear power plants,” said NTPC, “We are in the process of executing Mahi Banswara Rajasthan Atomic Power Project, comprising four 700MW reactors.”

 

NTPC, which comes under the Ministry of Power, saw its share price close at ₹344.60 apiece on May 23. The stock had so far appreciated by 3.28 per cent year-to-date. If shareholders find the results satisfactory, it could not only decide initial market movements on Monday, May 26, but also bring more confidence to the power sector in India.

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