NTPC Share Price Target 2023, 2024, 2025, 2026, 2030

NTPC Limited, formerly known as National Thermal Power Corporation Limited, is an Indian government-owned power generation company. It is one of the largest power companies in the country and is engaged in the generation and distribution of electricity.
NTPC was established in 1975 with the aim of accelerating power development in India. It operates numerous coal-based, gas-based, hydroelectric, and renewable energy power plants across the country. The company plays a vital role in meeting the power requirements of various sectors such as industry, agriculture, and domestic consumption.
Apart from power generation, NTPC is also involved in other activities such as consultancy services, project management, and engineering, procurement, and construction (EPC) contracts. It has diversified its operations to include coal mining, power trading, and equipment manufacturing. In this Article we will discuss about NTPC Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030.

Business Model of NTPC Limited

The business model of NTPC (National Thermal Power Corporation Limited) is primarily focused on power generation and distribution. Here is an overview of its business model:

1. Power Generation: NTPC operates a diverse portfolio of power plants, including coal-based, gas-based, hydroelectric, and renewable energy plants. These power plants generate electricity that is supplied to various sectors, including industry, agriculture, and domestic consumers.
2. Fuel Sourcing: NTPC ensures a reliable and cost-effective fuel supply for its power plants. For coal-based power plants, it engages in coal mining and sourcing from domestic and international suppliers. It also procures natural gas and other fuels for its gas-based plants.
3. Long-term Power Purchase Agreements (PPAs): NTPC enters into long-term PPAs with distribution companies, industrial consumers, and other entities to sell the generated electricity. These agreements provide a stable revenue stream for the company.
4. Power Trading: NTPC engages in power trading activities, which involve buying electricity from surplus regions and selling it in deficit regions. This optimizes the utilization of its power generation capacity and helps balance the supply-demand dynamics in different regions.
5. Consultancy and EPC Contracts: NTPC offers consultancy services, project management, and engineering, procurement, and construction (EPC) contracts to other entities in the power sector. This diversifies its revenue sources and leverages its expertise in power plant development and operations.
6. Renewable Energy Focus: NTPC has been actively expanding its renewable energy portfolio. It develops and operates solar, wind, and other renewable energy projects. The company aims to increase its share of renewable energy capacity in line with government initiatives and targets.
7. Corporate Social Responsibility (CSR): NTPC has a strong focus on CSR activities. It invests in social and community development initiatives, including education, healthcare, infrastructure, and skill development programs in the regions where its power plants are located.
8. Cost Optimization and Efficiency: NTPC emphasizes cost optimization and operational efficiency to enhance profitability. It adopts advanced technologies, efficient plant operations, and economies of scale to optimize its cost structure and improve operational performance.

Shareholding of NTPC Limited

Shareholders Name	No. of Shares	%Shareholding
Total Share	9696666134	100%
Promoters	4955346251	51.1%
Foreign Institutions	1512391505	15.6%
Banks & Mutual Funds	1931200011	19.92%
Central Govt	10192738	0.11%
Others	61216600	0.63%
General Public	200516135	2.07%
Financial Institutions	1025802894	10.58%

NTPC limited Share

NTPC Limited Share listed on the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE).
As of May 16, 2023, NTPC ‘s share price on the NSE was INR 177.50/- NTPC Share 52 week high at Rs. 182.95/- & 52 week low Rs.134.95/-. The P/E Ratio of NTPC Share is 10 & Dividend Yield is 3.24%.

Company Name	NTPC Limited
Share Name	NTPC
Sector	Power
Headquater	New Delhi
Foundation	1975
Key Person	Gurdeep Singh (Chairman)
Market Cap	1,72,067.34 Crores Rs.
Revenue	1,16,137.33 Crore Rs
Official Website	Click Here

NTPC Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050

Year	First Target	Second Target
2023	185	205
2024	210	255
2025	265	320
2026	330	365
2027	370	405
2028	415	475
2029	490	570
2030	590	650
2040	1450	1580
2050	3250	3400

Note:- “That these share price targets for “NTPC Share” are only provided for the purpose of reference and that this prediction will only hold true in the event that there is optimism in the market. Any uncertainties regarding the company or the current state of the global market will not be addressed in this analysis.”

Annual Result Summary of NTPC Limited

Here is a summary of NTPC’s annual results for the financial year 2021-2022:

1. Revenue: NTPC’s revenue for the year ended March 31, 2022, was INR 116137.33 crore, which represents increase of 17.05% compared to the previous year.
2. Net profit: The company’s net profit for the year was INR 16111.42 crore, an increase of 17% compared to the previous year.
3. Earnings per share (EPS): The earnings per share for the year was INR 16.62, which represents a growth of 18.79% compared to the previous year.
4. EBITDA: The company’s EBITDA for the year was 7.92.

NTPC Share Price Target 2023

NTPC’s business revolves around efficient power generation, fuel sourcing, long-term power agreements, power trading, renewable energy expansion, consultancy services, and CSR initiatives. The company strives to meet the growing energy demands of the country while promoting sustainability and contributing to the social and economic development of the communities it serves.
NTPC share price target 2023 are as follows –

Target Year	1st Target	2nd Target
2023	₹185	₹205

NTPC Share Price Target 2024

NTPC Limited is actively involved in the development of ultra mega solar parks, which are large-scale solar energy projects aimed at generating significant renewable power. These solar parks are designed to have a high capacity and contribute to the overall energy mix. NTPC Limited aims to play a crucial role in the establishment of such solar parks across the country.
NTPC share price target 2024 are as follows –

Target Year	1st Target	2nd Target
2024	₹210	₹255

NTPC Share Price Target 2025

NTPC Limited is committed to embracing cutting-edge technologies to enhance its operational efficiency and reduce emissions. The company is exploring the use of advanced equipment, digitalization, and artificial intelligence (AI) to optimize power generation processes, monitor plant performance in real-time, and predict maintenance requirements accurately.
NTPC share price target 2025 are as follows –

Target Year	1st Target	2nd Target
2025	₹265	₹320

NTPC Share Price Target 2026

NTPC Limited seeks to collaborate with global partners and institutions to foster knowledge exchange, technology transfer, and innovation in the power sector. The company aims to leverage international expertise and experience to enhance its capabilities in areas such as renewable energy integration, energy storage, and smart grid solutions.
NTPC share price target 2026 are as follows –

Target Year	1st Target	2nd Target
2026	₹330	₹365

NTPC Share Price Target 2027

NTPC Limited is exploring opportunities to diversify its business portfolio beyond power generation. The company aims to venture into areas such as electric vehicle charging infrastructure, energy efficiency services, and power trading. These strategic diversifications would enable NTPC Limited to broaden its revenue streams and contribute to a sustainable and integrated energy ecosystem.
NTPC share price target 2027 are as follows –

Target Year	1st Target	2nd Target
2027	₹370	₹405

NTPC Share Price Target 2028

NTPC Limited is exploring opportunities to diversify its business portfolio beyond power generation. The company aims to venture into areas such as electric vehicle charging infrastructure, energy efficiency services, and power trading. These strategic diversifications would enable NTPC Limited to broaden its revenue streams and contribute to a sustainable and integrated energy ecosystem.
NTPC share price target 2028 are as follows –

Target Year	1st Target	2nd Target
2028	₹415	₹475

NTPC Share Price Target 2029

NTPC Limited is committed to increasing its renewable energy capacity. The company plans to set up additional solar and wind power projects across different states in India. By harnessing the power of clean energy sources, NTPC Limited aims to reduce its carbon footprint and contribute to the country’s renewable energy targets.
NTPC share price target 2029 are as follows –

Target Year	1st Target	2nd Target
2029	₹490	₹570

NTPC Share Price Target 2030

NTPC has received several awards and accolades for its performance, sustainability initiatives, and corporate governance. It has been consistently recognized as one of the best-performing and most admired companies in the power sector in India.
NTPC share price target 2030 are as follows –

Target Year	1st Target	2nd Target
2030	₹590	₹650

Joint venture & Subsidiaries of NTPC Limited

NTPC Limited, the Indian government-owned power generation company, has several joint ventures and subsidiaries. Here are some notable ones:
Joint Ventures:

1. NTPC-SAIL Power Company Limited (NSPCL): NSPCL is a joint venture between NTPC and Steel Authority of India Limited (SAIL). It was formed to set up and operate captive power plants for supplying electricity to SAIL’s steel plants in India.
2. Ratnagiri Gas and Power Private Limited (RGPPL): RGPPL is a joint venture between NTPC, GAIL (India) Limited, and Maharashtra State Electricity Board (MSEB). It operates the Dabhol Power Plant in Maharashtra, which includes a gas-based power plant and an LNG regasification terminal.
3. NTPC Electric Supply Company Limited (NESCL): NESCL is a joint venture between NTPC and Power Grid Corporation of India Limited (PGCIL). It focuses on the distribution and supply of electricity in the distribution circles of NTPC’s power plants.
4. Utility Powertech Limited (UPL): UPL is a joint venture between NTPC and Reliance Infrastructure Limited. It provides operation and maintenance services for transmission and distribution systems.

Subsidiaries:

1. NTPC Vidyut Vyapar Nigam Limited (NVVN): NVVN is a wholly-owned subsidiary of NTPC. It is engaged in the business of power trading and offers services like power purchase, sale, and trading of electricity in the Indian market.
2. NTPC Electric Mobility Limited (NEL): NEL is a wholly-owned subsidiary of NTPC. It focuses on the development and deployment of charging infrastructure for electric vehicles (EVs), including setting up charging stations and related services.
3. NTPC Renewable Energy Limited (NTPC REL): NTPC REL is a wholly-owned subsidiary of NTPC. It is dedicated to developing and operating renewable energy projects, including solar and wind power plants.
4. NTPC Foundation: NTPC Foundation is a subsidiary of NTPC. It is involved in various corporate social responsibility (CSR) activities and initiatives aimed at the socio-economic development of communities around NTPC’s power plants.

Dividend History of NTPC Share

Here is a brief overview of NTPC’s dividend history over the past few years:

• In 2023, Company declared a final dividend of Rs. 4.25 per share.
• In 2022, Company declared a final dividend of Rs. 3 per share.
• In 2021, Company declared a final dividend of Rs. 4 per share.
• In 2020, Company declared a final dividend of Rs. 3.15 per share.

Future of NTPC Share

The future of NTPC Limited appears promising as the company continues to focus on several key aspects:

1. Renewable Energy Expansion: NTPC is committed to expanding its renewable energy portfolio. It aims to increase its share of renewable energy capacity in line with the government’s renewable energy targets. By investing in solar, wind, and other clean energy projects, NTPC seeks to reduce its carbon footprint and contribute to a sustainable energy future.
2. Green Initiatives and Sustainability: NTPC is actively involved in implementing green initiatives and adopting sustainable practices. The company aims to reduce greenhouse gas emissions, improve energy efficiency, and promote eco-friendly technologies in its power generation operations. It is likely to further strengthen its sustainability efforts, aligning with global trends and environmental regulations.
3. Technology Adoption: NTPC is expected to embrace advanced technologies to enhance its operational efficiency and productivity. This includes the deployment of digital solutions, automation, artificial intelligence, and predictive analytics to optimize power plant operations, maintenance, and asset management. Technology-driven innovations can help streamline processes, reduce costs, and improve overall performance.
4. Energy Storage and Grid Integration: As renewable energy capacity increases, the need for energy storage and grid integration becomes crucial. NTPC is likely to explore energy storage solutions, such as battery storage, to effectively manage intermittent renewable energy sources and ensure a stable power supply. Grid integration initiatives, including smart grids and demand response mechanisms, are also expected to be a part of NTPC’s future plans.
5. Diversification and Expansion: NTPC may diversify its operations further by exploring new business opportunities related to power trading, energy services, and consulting beyond its core power generation activities. It could expand its presence in international markets through collaborations, joint ventures, or acquisitions, leveraging its expertise in power sector development and operations.
6. Focus on Digitalization and Cybersecurity: With the increasing reliance on digital technologies, NTPC is likely to prioritize cybersecurity measures to safeguard its critical infrastructure and data from cyber threats. Implementing robust cybersecurity protocols and adopting best practices will be essential to ensure the integrity and reliability of its operations.
7. Corporate Social Responsibility: NTPC will continue to actively engage in corporate social responsibility initiatives. It will work towards the sustainable development of the communities surrounding its power plants, investing in education, healthcare, skill development, and infrastructure development. NTPC’s commitment to social and environmental responsibility is expected to remain a significant aspect of its future endeavors.

Risk of NTPC Share

While NTPC Limited has a strong position in the power generation sector in India, there are certain risks associated with its operations. Some key risks for NTPC include:

1. Fuel Supply Risks: NTPC relies on a consistent supply of fuel, particularly coal and natural gas, for its power plants. Any disruptions or delays in fuel supply due to factors like mining-related issues, transportation challenges, or changes in government policies can impact the company’s operations and lead to reduced power generation.
2. Regulatory and Policy Risks: Changes in government regulations, policies, or tariffs can affect NTPC’s business operations and financial performance. Shifts in policies related to power purchase agreements, renewable energy incentives, pricing mechanisms, or environmental norms could impact the company’s revenue generation and profitability.
3. Power Demand and Pricing Risks: NTPC’s financial performance is influenced by the demand for electricity and the pricing of power in the market. Any significant decrease in power demand or a change in market dynamics, such as increased competition or price fluctuations, can affect the company’s revenue and profitability.
4. Environmental and Climate Risks: As a power generation company, NTPC faces environmental and climate-related risks. Increasing concerns over air pollution, carbon emissions, and climate change may lead to stricter regulations and compliance requirements, potentially affecting NTPC’s operations and costs.
5. Project Execution Risks: NTPC undertakes the development of new power plants, both conventional and renewable, as part of its growth strategy. Project execution risks, such as delays, cost overruns, regulatory hurdles, and environmental clearances, can impact project timelines and financial performance.
6. Economic and Financial Risks: NTPC’s financial performance is susceptible to macroeconomic factors such as changes in interest rates, inflation, exchange rates, and economic downturns. These factors can influence the cost of borrowing, project viability, and the ability of customers to pay for electricity, affecting the company’s profitability.
7. Geopolitical Risks: NTPC’s operations may be impacted by geopolitical risks such as changes in government policies, geopolitical tensions, cross-border disputes, and regulatory challenges in international markets if the company expands its operations globally.
8. Technological Risks: NTPC’s operations rely on complex power generation technologies. Technological risks, including equipment failures, cybersecurity threats, and the need for continuous technological upgrades, can impact the reliability and efficiency of power generation.

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