The agreements were formalised at the Chhattisgarh Energy Investors Summit 2025 in Raipur.
The largest of these projects involves the establishment of 4,200 MW of nuclear power capacity in Chhattisgarh, with an estimated investment of ₹80,000 crore. Additionally, NTPC will invest ₹5,876 crore in a 1,200 MW pumped hydro storage project at Sikaser in the Gariyaband district through a partnership with Chhattisgarh State Power Generation Company Limited (CSPGCL).
Further, NGEL and CSPGCL have formed a joint venture to develop up to 2 GW of renewable energy projects in Chhattisgarh, requiring an investment of approximately ₹10,000 crore. These projects will support the state’s Renewable Purchase Obligation (RPO) and CSPGCL’s Renewable Generation Obligation (RGO).Also Read: NTPC, NTPC Green Energy to invest ₹2 lakh crore in Madhya Pradesh for renewable, pumped hydro projects
NTPC posted a net profit of ₹4,711.4 crore for the third quarter of the financial year 2024-25. NTPC’s profit after tax (PAT) came in below a CNBC-TV18 poll estimate of ₹4,822.3 crore but grew 3.1% year-on-year (YoY) from ₹4,571.9 crore in Q3FY24.
NTPC’s revenue for the quarter amounted to ₹41,352.3 crore, marking a growth of 4.8% YoY compared to ₹39,455 crore in the same period last year. The revenue, however, fell short of the CNBC-TV18 poll estimate of ₹41,740 crore.
NTPC’s EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) jumped significantly by 20.3% YoY to ₹11,960.6 crore from ₹9,941 crore in Q3 FY23.
Shares of NTPC Ltd ended at ₹329.15, down by ₹0.20, or 0.06%, on the BSE.
Also Read: NTPC Green Energy signs deal to develop 20GW renewable projects in Madhya Pradesh