NTPC ltd News
Compared to the previous quarter, the profit soared by an even higher 255 per cent from Rs 65.61 crore in December 2024 (Q3), according to its stock exchange filing.
The increase in Contribution to the Central Exchequer (CCE) is mainly due to an increase in Corporation tax from Rs 0.56 lakh crore in (FY 2022-23) to Rs 0.81 lakh crore in (FY 2023- 24).
The company's net profit was Rs 2,496.98 crore in the quarter ended on September 30, 2016, NTPC Ltd said in a BSE filing.
Thermal power tariffs are likely to come down due to lower tax rate on coal under the Good and Service Tax regime which is expected to be rolled out from July 1, 2017.
State-run power equipment maker BHEL has bagged a Rs 282 crore order for setting up a 50 MW solar project on an engineering, procurement and construction (EPC) basis through competitive bidding from NTPC Ltd.
The country's largest power generating company, NTPC Ltd has put Rs 8000 crore thermal power project at Katwa, West Bengal on fast-track category.
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