Announcement

NTPC Limited will hold a conference call for analysts and investors at 07:00 PM IST on May 24, 2024, wherein the Senior Management team of NTPC Limited comprising of Mr. Jaikumar Srinivasan – Director (Finance), Mr. Shivam Srivastava – Director (Fuel), Mr. K. Shanmugha Sundaram – Director (Projects) and Mr. Ravindra Kumar – Director (Operations) will discuss the Company’s results for the 4th quarter and financial year 2023-24 and answer questions from the participants.

To participate in the conference call, please dial the numbers provided below five to ten minutes ahead of the scheduled start time. The operator will provide instructions for asking questions before the call.

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Recording and transcript of the conference call will be available on the Company’s website post the conference call. 

For any further enquiries regarding the conference call, the following may be contacted: 

Mr. Subhadip Mitra
Nuvama Wealth Management
Email: Subhadip.Mitra@nuvama.com

Regards 
Aditya Dar
Executive Director (Finance) 
Tel No. 011 2436 7072
Email:isd@ntpc.co.in                                         

In line with the Corporate Disclosure requirements, we wish to inform that:

Pursuant to Order No. 8/3/2023-Th.I dated 25th April, 2024 of Ministry of Power, consequent upon retirement of Shri Dillip Kumar Patel (DIN: 08695490), Director (HR), NTPC Ltd., on attaining the age of superannuation on 30.04.2024, the Competent Authority has decided that Shri Jaikumar Srinivasan (DIN: 01220828), Director (Finance), NTPC Ltd. will hold the additional charge to the post of Director (HR), NTPC Ltd. for a period of three (3) months i.e. w.e.f. 01.05.2024 or till the regular incumbent joins to the post of Director (HR), NTPC Ltd. or until further orders, wherever is earlier.

In line with the Corporate Disclosure requirements, we wish to inform that:

On attaining the age of superannuation, Shri Dillip Kumar Patel (DIN: 08695490) has ceased to be Director (HR) of NTPC Limited on 30.4.2024 (A/N).

Pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Corporation has received an order from the Assistant Commissioner, Alandur, South-III, Chennai, South of Tamil Nadu state, for the payment of Tax, Interest and penalty under Goods and Service Tax laws. The corporation shall partly pay the demand and for remaining amount will file an appeal before the 1st appellate authority of the applicable jurisdiction against the said order within the prescribed timeline.

There is no material impact on the financials, operations or other activities of the Corporation due to the above mentioned order.

The detail as required under regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) are attached as Annexure-A.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, details of senior officials of NTPC Limited who have superannuated from the post of Executive Director (ED) (i.e., Senior Management Personnel - One level below the Board of Directors) w.e.f. 30.4.2024 are submitted as Annexure-I.

Annexure-I

Pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Corporation has received four orders from the GST Authorities of different states for payment of Tax, Interest and penalty under Goods and Service Tax laws. The corporation shall file appeals before the 1st appellate authority of the applicable jurisdiction against the said orders within the prescribed timeline except in one case wherein the corporation has decided to pay the demand in full.

There is no material impact on the financials, operations or other activities of the Corporation due to the above mentioned order.

The detail as required under regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) are attached as Annexure-A.

Pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Corporation has received an order from the Deputy Commissioner, State Tax Lakadganj_501, Nagpur for payment of Tax, Interest and penalty under Goods and Service Tax laws. The corporation shall file an appeal before the 1st appellate authority of the applicable jurisdiction against the said orders within the prescribed timeline.

There is no material impact on the financials, operations or other activities of the Corporation due to the above mentioned order.

The detail as required under regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (as amended) are attached as Annexure-A;

Pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in terms of SEBI Circular SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated January 25, 2022, this is to inform that NTPC Limited has issued Letter of Confirmation to its shareholders in lieu of physical share certificates reported as lost by them, after removing objections. Details are provided at Annexure-I. 

Annexure-I

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that NTPC Limited has signed a Supplementary Joint Venture Agreement-3 with NHPC, POWERGRID, DVC & CPRI on 23rd April 2024. This Supplementary Joint Venture Agreement (SJVA) will amend Joint Venture Agreement (JVA) of National High Power Test Laboratory Pvt. Ltd (NHPTL) dated 8th April 2009 and form integral part of JVA dated 8th April 2009.

Details required to be disclosed as per the Securities and Exchange Board of India circular no. CIR/CFD/CMD/4/2015 dated September 9, 2015, are enclosed as Annexure-I.

Pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Corporation has received an order from the Joint Commissioner, CGST and Central Excise, Patna-I for payment of Tax, Interest and penalty under Goods and Service Tax laws. The corporation shall file an appeal before the 1st appellate authority of the applicable jurisdiction against the said orders within the prescribed timeline.

There is no material impact on the financials, operations or other activities of the Corporation due to the above-mentioned order.

The detail as required under regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) are attached as Annexure-A.

In terms of Regulation 13 Sub-regulation (3) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the status of investors complaints/grievances for the quarter ending 31.03.2024, is as under:

Pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Corporation has received an order from the State Tax Officer, Ghatak 57, Range -15, Division – 7, Surat, Gujarat, for collection of Interest and penalty under Goods and Service Tax laws. The corporation shall file an appeal before the 1st appellate authority of the applicable jurisdiction against the said orders within the prescribed timeline.

There is no material impact on the financials, operations or other activities of the Corporation due to the above mentioned order.

The detail as required under regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) are attached as Annexure-A.

Pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Corporation has received an order from the Deputy Commissioner (ST), State Special Circle-I, Kunchanapalli, Guntur Distt. for collection of Goods and Service Tax, Interest and penalty for Andra Pradesh state. The corporation shall file an appeal before the 1st appellate authority of the applicable jurisdiction against the said orders within the prescribed timeline.

There is no material impact on the financials, operations or other activities of the Corporation due to the above mentioned order.

The detail as required under regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) are attached as Annexure-A.

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that NTPC Limited has signed Supplementary Joint Venture Agreement (SJVA), Amendment-II, with U.P. Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) on 1st April, 2024. This SJVA Amendment Number-II shall form an integral part of the Joint Venture Agreement (JVA) dated 28th February, 2008 and SJVA Amendment Number-I dated 13th September, 2023, and shall constitute the entire agreement between NTPC and UPRVUNL in relation to the subject matter.

Details required to be disclosed as per the Securities and Exchange Board of India Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are enclosed as Annexure-I.

Dear Sir/Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, details of senior officials of NTPC Limited who have superannuated from the post of Executive Director (ED) (i.e., Senior Management Personnel - One level below the Board of Directors) w.e.f. 31.3.2024 are submitted as Annexure-I. 

Annexure-I

Consequent upon successful commissioning and due approvals, second & last part capacity of 80 MW out of 150 MW Chhattargarh Solar PV Project in Bikaner, Rajasthan of NTPC REL a stepdown subsidiary of NTPC Limited through its wholly owned subsidiary NTPC Green Energy Limited, is declared on Commercial Operation w.e.f. 29.03.2024.

The first part capacity of 70 MW has already been declared on commercial operation w.e.f. 21.02.2024.

With this, the total installed and commercial capacity of NTPC group has now become 75958 MW.

Consequent upon successful commissioning and due approvals, Durgapur PP-III Unit-2 of 20 MW of NTPC-SAIL Power Company Limited, is declared on Commercial Operation w.e.f. 29.03.2024.

With this, the total installed and commercial capacity of NTPC group has now become 75878 MW.

We wish to inform that based on achievement of approved norms and due approvals, Unit-2 of 660 MW of 1320 MW (2x660 MW) Maitree Super Thermal Power Plant (MSTPP) at Rampal, Mongla, Bagerhat of Bangladesh-India Friendship Power Company (Pvt.) Limited is included in the installed & commercial capacity of NTPC Group w.e.f. 12.03.2024.

Unit-1 of 660 MW of 1320 MW (2x660) Maitree Super Thermal Power Plant (MSTPP) had already been included in the installed & commercial capacity of NTPC Group w.e.f. 23.12.2022.

With this, the total installed and commercial capacity of NTPC group has now become 75858 MW.