Share Market News: NTPC's stock will rise further, government is going to give 20 thousand crores
Share Market News - NTPC's stock will rise further, government is going to give 20 thousand crores
Share Market News: The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has recently given important approval to two major government companies, National Thermal Power Corporation Limited (NTPC) and Neyveli Lignite Corporation India Limited (NLCIL) for investing in the renewable energy sector. This move will accelerate the increase in India's renewable energy capacity and achieve clean energy goals.NTPC to invest Rs 20,000 croreThe Cabinet has allowed NTPC to invest up to Rs 20,000 crore, with an aim to develop 60 GW of renewable energy capacity by 2032. This investment will be made through NTPC's subsidiary NTPC Green Energy Limited (NGEL), which will further use this amount in NTPC Renewable Energy Limited (NREL) and other subsidiaries. Earlier its investment limit was Rs 7,500 crore, which has now been increased to Rs 20,000 crore.This investment will give impetus to renewable energy projects, which will help strengthen the country's power infrastructure and ensure reliable power supply to the people. The government believes that this move will create direct and indirect employment opportunities at the local level, promote entrepreneurship and contribute to socio-economic development.Impact on the stock marketOn July 16, 2025, NTPC's share was trending at Rs 342.60 in the Sensex, with a marginal rise of 0.13% intraday. At the same time, NTPC Green shares were at Rs 112.05, registering a significant increase of 1.91%. After this announcement, analysts believe that the shares of both the companies may see further rise in the coming days.Approval of Rs 7,000 crore to NLCILThe Cabinet has also approved an investment of Rs 7,000 crore to NLCIL, which will be invested in its wholly-owned subsidiary NLC India Renewables Limited (NIRL). This investment has been given a special exemption from the 30% net worth limit set for public sector companies, which will provide greater financial and executive flexibility to NLCIL and NIRL.NLCIL aims to develop 10.11 GW of renewable energy capacity by 2030 and 32 GW by 2047. Currently, NLCIL has seven renewable energy projects with a total installed capacity of 2 GW. Some of these projects are operational, while some are about to start. All these projects will be transferred to NIRL after Cabinet approval.Future of Renewable EnergyThis investment reflects the Government of India's commitment to clean energy and sustainable development. This approval to Navratna companies like NTPC and NLCIL will not only promote technological advancement in the renewable energy sector but will also strengthen the country's energy security. Along with this, employment generation and local economy are expected to get a boost.