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NTPC in a sweet spot; likely to be poised for leadership in renewables

Improving power demand, new capacity additions, high visibility over coal supply and electricity pricing, and attractive dividend yield augur well

NTPC
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The company is also expected to tender for the majority of the 6 GW of thermal power projects bid out in FY24

Devangshu Datta

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There’s a straightforward relationship between economic activity and power consumption. If economic activity increases, so does power consumption. Since the latest GDP (gross domestic product) data indicates India’s growth rates

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First Published: Jun 8 2023 | 8:44 PM IST

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