NTPC Q2 Profit Down 2.3% At Rs2,438 Crore In Q2

NTPC Q2 Profit Down 2.3% At Rs2,438 Crore In Q2

State-owned power giant NTPC Ltd on Monday reported a decline of 2.3% in its standalone net profit at Rs2,438.60 crore for quarter ended September due to higher borrowing and depreciation cost.

NTPC Drops Acquisition Plans

NTPC Drops Acquisition Plans

State-run NTPCBSE -0.98 %, India’s biggest electricity producer, has shelved plans of acquiring stressed power assets in the private sector, and will instead help lenders to these debt-ridden power plants run them for a fee.

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