NTPC Share Price Target 2022, 2023, 2024, 2025, and 2030

  • Reading time:17 mins read
  • Post author:
  • Post last modified:10/02/2022

NTPC share price target 2022, 2023, 2024, 2025, and 2030: In this article, you will learn about NTPC share price target 2022, 2023, 2024, 2025, and 2030, along with the fundamentals and financials of the company.

For every investor, it is important to know about the company in which they are investing, to get the confidence to hold the stock for the long term. To make it clear for you, in this article we have mentioned NTPC share price target 2022, 2023, 2024, 2025, and 2030, along with the fundamentals of the company.

Also read: IRFC share price target 2022, 2025, and 2030.

NTPC Share Price Target 2022, 2023, 2024, 2025, and 2030: Company Profile

NTPC is India’s largest energy conglomerate with roots planted way back in 1975 to accelerate power development in India. Since then it has established itself as the dominant power major with a presence in the entire value chain of the power generation business. From fossil fuels, it has forayed into generating electricity via hydro, nuclear, and renewable energy sources. This foray will play a major role in lowering its carbon footprint by reducing greenhouse gas emissions. To strengthen its core business, the corporation has diversified into the fields of consultancy, power trading, training of power professionals, rural electrification, ash utilization, and coal mining as well.

The total installed capacity of the company is 67,907.5 MW (including JVs) own stations include 24 coal-based,  7 gas-based, 1 Hydro, 1 Wind, 13 Solar, and 1 Small hydro plant. Under JV, NTPC has 9 coal-based, 4 gas-based, and 13 renewable energy projects. The capacity will have a diversified fuel mix and by 2032, nonfossil fuel-based generation capacity shall make up nearly 30% of NTPC’s portfolio.

NTPC is not only the foremost power generator, it is also among the great places to work. The company is guided by the “People before Plant Load Factor” mantra which is the template for all its human resource-related policies. In 2019, NTPC is recognized as “Laureate” for consistently ranking among “Top 50 Best Companies to Work for in India” for the last 11 years in the Great Place to Work and Economic Times survey. Besides, NTPC was also recognized as the best among PSUs and in Manufacturing.

Share Holding Pattern

NTPC share price target 2022, 2023, 2024, 2025, and 2030

Net Profit

NTPC share price target 2022, 2023, 2024, 2025, and 2030

NTPC Share Price Target 2022

NTPC made significant achievements during the year and took several new initiatives for transforming NTPC into a more robust organization. NTPC strengthened its fundamentals further and laid significant steps for spearheading energy transition to make NTPC a “Sustainable Integrated Energy Company”. In the past year, NTPC improved its realization, established leadership in winning RE bids, started foray into e-mobility, participated in the bidding of distribution, continued capacity addition program, and met CAPEX targets.

On the generation front, NTPC has set new benchmarks and registered the highest ever generation of 314 BUs, an increase of over 8% over the previous year even as the country’s generation remained at the same level. NTPC crossed the 1BU/day generation mark for the first time on January 18, 2021, and recorded the highest ever single-day gross generation of 1192.41 MUs (Group) on March 19, 2021, and 990.65 MUs (Standalone) on March 20, 2021.

NTPC coal stations have maintained a positive difference of over 12% compared to the national PLF of coal stations once again. Further, NTPC’s oldest units Singrauli#1 and Korba#2 achieved over 100% PLF again and stood as top-performing Units in the country which underlines NTPC’s standing as the best in class.

NTPC’s bills realization has crossed Rupees one lakh crores for the first-time registering realization of 100% of the billed amount. NTPC has achieved a capacity addition of 4160 MW and commercial capacity addition of 3824 MW including 904 MW capacity from renewable and Hydro sources in FY 2020-21. Further, 1075 MW has been added in FY 2021-22 till date taking NTPC group installed capacity to 66,885 MW. NTPC is one of the best PSU companies with good fundamentals and financials, NTPC share price target for 2022 is Rs 178.

NTPC share price target 2022
Rs 178

Also read: IEX share price target 2022, 2025, and 2030.

NTPC Share Price Target 2023

In FY 2020-21, NTPC registered its highest ever profit of 13,769.52 Crore as against 10,112.81 Crore in the corresponding previous year, registering an increase of 36.16%. The total income stood at 1,03,552.71 Crore as against the previous year’s income of 1,00,478.41 Crore.

In FY 2020-21, the Board of the Company has recommended a final dividend of 31.50% of paid-up capital i.e 3.15 per share subject to the approval of Shareholders in the Annual General Meeting in addition to the interim dividend of 30% of paid-up capital, i.e 3 per share already paid. This is the 28th consecutive year that the company has paid dividends. Additionally, the Company has also done a buyback of 2% of its paid-up capital in FY 2020-21 for the first time. In FY 2020-21, NTPC incurred a capital expenditure of 20,686 Crores. The dividend comes as a secondary source of income for the investors along with appreciation in the share price.

The power sector plays a major role in growing economy countries like India and NTPC is one of the biggest companies in the power sector. NTPC share price target for 2023 is Rs 225.

NTPC share price target 2023
Rs 225

Also read: Reliance Power share price target 2022, 2023, 2024, 2025, and 2030.

NTPC Share Price Target 2024

With the focus shifting towards cleaner sources of power and the Government setting a target of 450 GW of RE capacity by 2030, NTPC has also sharpened its focus on RE as the next pillar of growth. NTPC has prepared its business plans to tap this opportunity appropriately while continuing work on operating its thermal fleet efficiently, economically, and reliably to meet the growing energy needs of the country.

NTPC Renewable Energy Limited (NTPC REL), a 100% subsidiary has been incorporated to add renewables through a focused approach. NTPC has also made plans for creating its renewables portfolio which could be as large as the thermal portfolio. Accordingly, the renewable targets have been revised to 60 GW from 30 GW by 2032. A total of 15% (1560 MW) of renewable bids finalized in the country have been won in FY 2020-21 and 325 MW in FY 2021-22 to date by competing with various players in the sector.

It is pertinent to mention that NTPC had won solar capacity in the GUVNL tender at a record low tariff of 1.99/kWh, which set a new benchmark in the sector. This underlines the seriousness of the Company on its RE strategy. Currently, NTPC has nearly 1.5 GW of operational renewable capacity, 3 GW projects are in the development stage and tenders have been issued for 5 GW of new capacity. Under outsourced/ developer mode, 4.7 GW is operational, and 790 MW is under construction.

During the year, NTPC has commissioned a 225 MW solar project at Bilhaur, which is the largest solar project in the state of Uttar Pradesh. NTPC REL has also received approval from the Ministry of New and Renewable Energy for setting up of 4750 MW renewable energy park in Rann of Kutch in Gujarat, which is the largest in the country.

Approval has also been received from the Government of Madhya Pradesh for the development of a solar plant in the land acquired for a coal-based plant. Additionally, discussions are also in progress with various State Governments for the allocation of land parcels and water bodies. Further, efforts are on for partnering with National Investment and Infrastructure Fund (NIIF) and ONGC for exploring opportunities in acquisitions and development of renewable assets including offshore wind. NTPC has an ocean of opportunities in the Renewable energy sector in the future, considering all these factors, NTPC share price target for 2024 is Rs 280.

NTPC share price target 2024
Rs 280

Also read: RCOM (Reliance communications) share price target 2022, 2025, 2030.

NTPC Share Price Target 2025

Hydrogen is expected to be the future of energy and the momentum for “Green Hydrogen” is gaining traction across the globe. NTPC believes that Green Hydrogen is going to occupy significant energy space in the future and the interplay between electrons and molecules would lead to significant benefits.

Accordingly, NTPC has initiated development projects as well as field demonstration projects for Hydrogen production. An agreement has been signed with the Union Territory of Ladakh for setting up of country’s first green Hydrogen mobility project in the region.

NTPC has also taken up pilot projects on fuel cell-based storage and short-term energy storage microgrid project. Additionally, R&D works are in progress for the development of High-Temperature Steam Electrolysers, Static Hydrogen Compression System, and development of seawater electrolyzer. NTPC is exploring various options using Hydrogen like transport, blending with natural gas, green ammonia, methanol, etc., and aspires to lead a “Hydrogen Economy” in India and globally. Green Hydrogen along with renewable energy is the future, NTPC is making big steps in both of these segments, where is a huge opportunity to grow its business in the future, NTPC share price target for 2025 is Rs 345.

NTPC share price target 2025
Rs 345

Also read: BHEL share price target 2022, 2025, 2030.

NTPC Share Price Target 2030

The Indian power sector is undergoing a significant change that has redefined the industry outlook. Sustained economic growth continues to drive electricity demand in India. The Government of India’s focus on reducing the carbon footprint has accelerated the growth of renewable capacity addition in the country and the renewable capacity targets have been revised to 450 GW and more by 2030.

Many power sector reforms are being introduced by the Government for bringing efficiency and discipline in the sector including the proposed amendment to Electricity Act. Along with this, new market mechanisms are under discussion to promote competition thereby providing affordable power to the consumers. Additionally, Government has also recently issued guidelines allowing distribution companies to exit from the Power Purchase Agreement (PPAs) of Central Generating Units that have completed 25 years of life.

While these policies and reforms offer new opportunities and bring discipline into the sector, they will also offer certain challenges. NTPC is geared up to adapt to these changes and is working on various models to maintain leadership in the sector.

The Indian power sector is evolving at a fast pace and the power demand is increasing rapidly. India recently witnessed all-time high peak demand of 200.57 GW and energy met of 4508 MUs in a day on July 07, 2021. The country also registered a generation growth of 17.17% in Q1FY 2021-22. The growth in demand augurs well for the Company. These numbers coupled with the ‘Atmanirbhar Bharat’ initiative indicate that there is huge potential for growth in the power sector going forward. Considering the factors and opportunities NTPC has to grow its business and profits, NTPC share price target for 2030 is Rs 910.

NTPC share price target 2030
Rs 910

Also read: Zomato share price target 2022, 2025, 2030.

NTPC Share Price Target 2022, 2023, 2024, 2025, and 2030

YearNTPC Share Price Target
NTPC share price target 2022Rs 178
NTPC share price target 2023Rs 225
NTPC share price target 2024Rs 280
NTPC share price target 2025Rs 345
NTPC share price target 2030Rs 910

Frequently Asked Questions

What is the future of NTPC?

Hydrogen is expected to be the future of energy and the momentum for “Green Hydrogen” is gaining traction across the globe. NTPC believes that Green Hydrogen is going to occupy significant energy space in the future. Accordingly, NTPC has initiated development projects as well as field demonstration projects for Hydrogen production. An agreement has been signed with the Union Territory of Ladakh for setting up of country’s first green Hydrogen mobility project in the region.

Is NTPC a good stock?

Yes, NTPC is a good stock. In fact, NTPC is one of the best PSU companies in India.

Is NTPC a large-cap company

Yes, NTPC is a large-cap company. When a company’s market cap is more than 20,000 crores it is called a large-cap company. NTPC’s market cap is more than 1 lakh crores.

To open a free Demat Account with the best broker in India, click here.