JKB Financial Services Ltd.

As on : 09-Apr-2026

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09-Apr-2026 12:01

NTPC rises after signing MoU with EDF for nuclear power projects

The MoU establishes a framework for both companies to jointly assess the feasibility and approach for collaboration, including understanding EDF's EPR technology and its suitability for Indian requirements; exploring opportunities to maximize localization for large-scale deployment; examining economic and tariff aspects; developing human resource capabilities through training programs; evaluating potential project sites; and providing technical support as mutually agreed.

'This initiative aligns with NTPC's strategy to expand into clean, reliable energy and contribute to India's long-term energy security,' the company said in a statement.

NTPC, along with its subsidiaries/associates & JVs, is primarily involved in the generation and sale of bulk power to state power utilities. Other business of the group includes providing consultancy, project management & supervision, energy trading, oil & gas exploration, and coal mining.

The company reported an 8.27% increase in consolidated net profit to Rs 5,597.05 crore, supported by a 1.72% rise in net sales to Rs 45,845.68 crore in Q3 FY26 over Q3 FY25.

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