Power / Renewables

NTPC (incl. NTPC Green Energy developments) NTPC and

in focus — NGEL signed an MoU with Japan’s ENEOS for green hydrogen/methanol supply; NTPC also active with storage tenders (battery project bids). What it means: Big state players are moving into green hydrogen and storage — strategic for India’s energy transition and long-term earnings mix. Beginner takeaway: Energy transition stories can be multi-year winners; these are strategic, but returns will take time. Action: For beginners, a small allocation to power/green energy plays can be considered; watch project approvals and PPAs. Risk note: Project execution, subsidies, and changing regulations can affect returns.