Thursday, November 12, 2026

NTPC shuts down 440 MW Tanda thermal plant with focus shift to renewable energy

Date:

State-owned power giant NTPC Limited has permanently stopped operations at the Tanda Thermal Power Station stage-I (four units of 110 MW each) in Uttar Pradesh, effective September 1, 2025, according to a stock exchange filing today (September 4).

Following approval and communication to the Central Electricity Authority (CEA), NTPC closed the facility, which trimmed the power generator’s installed and commercial capacity to 82,926 MW.

This development aligns with NTPC’s ongoing transition from older coal-based assets to a cleaner energy portfolio. In June, the state-owned power giant announced a target to install 60 gigawatts (GW) of renewable energy capacity by 2032.

Last month, the board of directors approved a partial modification regarding the transfer of its coal mining business to its wholly-owned subsidiary, NTPC Mining Limited (NML). The transfer will be executed through an amended business transfer agreement (BTA), to be signed on or before September 30, 2025, with completion expected within 365 days from signing, subject to statutory approvals.

Also read: This analyst says India could be staring at significant power deficit and NTPC, BHEL stand to gain

Q1 performance

During the April-June quarter, NTPC reported a 5.85% year-on-year (YoY) increase in standalone net profit at ₹4,774 crore for the first quarter, failing to meet Street expectations. The company’s standalone revenue from operations fell 4.2% to ₹42,572 crore against ₹44,427 crore a year ago.

Shares of NTPC Ltd ended at ₹330.20, down by ₹4.15 or 1.24%, on the BSE today, September 4.

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