NTPC.NSE

NTPC Ltd.

NTPC has approved an investment proposal for a 4.7 GWh battery energy storage system (BESS) with an estimated project cost of ₹58.22 billion (~$623.22 million). Recently, NTPC announced the winners of its auction to set up 2,334 MWh of BESS at its thermal power stations across Karnataka, Maharashtra, Bihar, Andhra Pradesh, and Telangana (Lot-I).

The raging war in the oil-rich Middle East has rattled stock markets across the globe, with Dalal Street being no exception. After crashing more than 11% in March, Elara Securities said that historical patterns suggest limited downside for the benchmark index Nifty.The domestic brokerage cited data from the timeframes of seven major geopolitical conflicts in the past 25 years - Iraq war (2003), the Lebanon war (2006), the Libyan Civil War (2011), Russia–Ukraine (2022), Israel–Hamas war (2023), Iran–Israel conflict (2025), and the ongoing US–Iran escalation. It said that Nifty’s drawdown during the onset of conflicts has usually been capped at approximately 10%. Hence, historical patterns suggest limited downside for the benchmark index now, after the 11% crash in March.“Importantly, once early signs of normalisation emerge, markets tend to recover swiftly,” Elara said. However, it noted that the key exception to this historical pattern was in calendar years 2011-2014 when Brent sustained above $100 per barrel, leading to a prolonged sideways market without meaningful highs.

NTPC is significantly boosting Uttar Pradesh's energy infrastructure, adding over 14,000 MW installed capacity and planning 1,600 MW at Singrauli by 2028. The company is also expanding its renewable energy portfolio with solar projects and exploring green hydrogen initiatives. Discussions are underway for nuclear power plants and battery storage solutions to support India's Net Zero goals.

Enviro Infra Engineers Limited has received a Rupees 405.71 crore contract from NTPC on March 30, 2026, to execute Battery Energy Storage System projects in Uttar Pradesh and Assam under an EPC model, including long-term maintenance.