Ntpc Limited · NSE:NTPC
Ntpc — 22nd Annual Analysts and Institutional Investors Meet 2026
41 slides from Ntpc's conference presentation, Jul 27, 2026
Slide 1: Exchange filing cover letter: Investor Presentation
Ref. No.:01/ FA/ISD/Compliance/2026-27 Dated: 27.07.2026 Listing Department Corporate Relationship Department, National Stock Exchange of India Limited BSE Limited, Rotunda Building, ‘Exchange Plaza’, C-1, Block G, P J Towers, Dalal Street, Fort, Bandra Kurla Complex, Bandra (E), Mumbai - 400 001. M
Slide 2: Analysts and Institutional Investors Meet
nd ~ ~ Analysts and Institutional Investors Meet
Slide 3: Presentation Outline
• Presentation Outline tr.rllafllll • NTPC Indian Economy Company Overview Ene1rgy Transition with &Sectoral Outlook 01 Accelerated Growth 03 02 New Frontiers Operational Excellence Financial Performance 04 05 06
Slide 4: Indian Economy & Sectoral Outlook
Indian Economy & Sectoral Outlook • • • • •
Slide 5: Fastest Growing Major Economy
• Fastest Growing Maior Economy tr.rllafllll • 1 llal l'ndia II 4.6% 6.4 % NTPC 2 China India GDP Growth 3 ~ Brazil 2.4% 2025 (Est) - 6.20/o 4 • ! United States 2.3% 5 I•I Canada 1.1% 202 5 (Act) - 7.7°/o 6 :1: tl.Jnitedl Kingdom 1.0% 2026 (Est) - 6.4% 7 Germany 0.7% 2027 (Est) - 6.7% 8 11 France 0.
Slide 6: Viksit Bharat @2047, Net Zero by 2070
• • Viksit Bharat @2047, Net Zero by 2070 tr.rllafllll NTPC Net Zero Scenario India's GDP Non Fossil (Mix) I 2026 I I 2050 I I 2070 2070 I Capacity > > 98°/o 2047 ~ ...- 11111111111 2025 ~ 75 I- > 30 USO Trillion Generation ~ 78°/o > 100°/o 4.2 L.:.J USO Trillion USO Trillion Cumulative Power Invest
Slide 7: Indian Power Sector
• Indian Power Sector tr.rllafllll • Installed Capacity Rising at Record Pace, Led by Renewables NTPC 549GW 297 GW (incl 237 GW RE) 162 GW Total insta lled capacity, June 2026 Non-Fossil Fuel Source Solar capacity, June 2026 + 13% YoY (from 485 GW) +22% Yo Y (from 243 GW) +40% YoY (from 116 GW) Tota
Slide 8: Strong Growth in Power Consumption
• Strong Growth in Power Consumption tr.rllafllll • Proiected Electricity req1uirement & Peak Load - ------- --- -------- ------ -- ---, I Increasing Per capita Consumption (kWh/Year) of India 13,000 NTPC Projections* I I ---------------------- ~ I 1,200 Projections* 10,000 6,400 3,900 1,460 13,000
Slide 9: Company Overview
cr.,lllflffl NTPC Company Overview • • • • •
Slide 10: NTPC - Vision, Mission and Core Values
• tr.rllafllll • NTPC - Vision, Mission and Core Values VISION MISSION NTPC To be the world's Provide reliable power and energy transition solutions in Leading Power Company, an economical, efficient and environment-friendly accelerating India's Growth & Energy Transition manner, driven by innovatio
Slide 11: NTPC at Glance
• NTPC at Glance tr.rllafllll • • Operational capacity of over 90 GW NTPC • Consistent lead over All India in PLF Largest Power Operational Generator in • - 24% share in electricity with - 17% Excellence • High Availability coupled with India Efficiency share in capacity • Highest Group Profit of ~2
Slide 12: Overview - Operation and Under Construction Capacity (GW)
• • Overview - Operation and Under Construction Capacity (GW) tr.rllafllll NTPC ~ ======;:=====;::==::::::;:::::::=====:--- Under ---:---------- Mode O·peration Portfolio Under Operation-90.9 GW Portfolio Capacity-126.61 MW Construction Wind Cool 54.75 12.52 67.27 Wind 5.74% Ga, 0.98 % Gas 5.14% Gas
Slide 13: NTPC Group Coal Mining Profile
• NTPC Group Coal Mining Profile tr.rllafllll • Coal Block Pakri-Barwadih Capacity (MMTPA) 22 Status Operational since Jon' 17. NTPC Dulongo 7 Operational since Sep' 1 8 CB Pakri Barwadih Talaipalli 25 Operational since Nov' 19 Amella9 9 9 9 Kerandari Chatti-Bariotu (CB) 7 Operational since Sep'22 T
Slide 14: NTPC - Global Investment Projects
tr.rllafllll NTPC - Global Investment Proiects NTPC ...2 Bangladesh: BIFPCL (A 50:50 JV of NTPC and BPDB) e ~C: Ci) => a. O • 1320 MW Thermal Power Project is operational since 2022.(G2G framework) • 2 x 660 MW coal-based p roject with USD 2 Bn investment BIFPCL 2x660 MW Thermal Power Plant, Banglad
Slide 15: Energy Transition with Accelerated Growth
tr.rlllflffl NTPC Energy Transition 'Nith Accelerated Gro'Nth
Slide 16: Building a Sustainable Future
• Building a Sustainable Future tr.rllafllll • Coal Mining NTPC Renewables & Nuclear Green H2 Solutions for EV Power trading Mobility Energy Waste to wealth ____,/ CCU& 0 By-products Consultancy International Business
Slide 17: Portfolio Projections
• Portfolio Proiections tr.rllafllll • Installed Capacity (GW) 5 GW 5% Generation (BUs) NTPC 14 BU 3% 91 GW 432 BU Jun-26 FY 26 19 BU 6GW 20 BU 4% 4% 3% 150 GW 673 BU 2032 FY 32 1 GW 5 BU 11 GW 39 BU 4% 4% 1% 2037 .. 136GW 54 % 250GW FY 37 943 BU 6GW 46 BU 3% So/o Thermal Hydro Nuclear • Renewables
Slide 18: Capex Projections
• Capex Proiections tr.rllafllll • Rs 4.63 Ca pex Break-up Rs 3.09 Lakh Crore NTPC INR 16.86 Lakh Crore (Avg.AnnualCapex -INR 1.4 Lakh Crore) Lakh Crore ~ 18% 270/o Rs 1.28 INR Lakh Crore Rs 0.52 Lakh Crore - - 16.86 8°/o Lakh INR 9.81 Lakh Crore 3% (Avg.AnnualCapex Rs 7.24 Rs 0.1 Lakh ~ / -INR 1.92
Slide 19: Focus on RE
• Focus on RE tr.rllafllll • Our Journey - Capacity additions till date and the way forward (In GW) NTPC BESS Portfolio • 136 38.9 GWH Acquisition of Ayana Total Operational Capacity - 2.1 GW Under Construction 6.62 GWh 60 28 20 12 5.90 FY 2025 FY 2026 FY 2027E FY 202SE FY 2032E FY2037E
Slide 20: New Frontiers
cr.,lllflffl NTPC Nev, Frontiers • • • • •
Slide 21: Foray into Nuclear
• Foray into Nluclear tr.rllafllll • ANUSHAKTIVIDHYUT NIGAM LIMITED (ASHVINI) NTPC Parmanu Urja Nigam Ltd (A Wholly Owned Subsidiary of NTPC) NTPC tf l;1I$, l~,,,1 , .__de., AM h_t,,Comp ,, · NPUNL~'l<'fll'j 3wlf ~~ NTPC Parmanu Urjo N gam Ljm it ed Build, own & Operate Nuclear Power Developing PHWR
Slide 22: Pumped Storage Projects - Stabilizing The Grid
• Pumped Storage Proiects - Stabilizing The Grid tr.rllafllll •[ India's Net Zero Scenario ] [_____ N_TP_C NTPC _ G_ro_u_p_P_S_P_P_o_rt_fo_li_o_ _ _] 2025 7GW 3 .81 GW 2050 110 18.01 GW GW 13.20 GW 2070 160 1.00 GW GW Operational Firm Allocation Planning Total 0 50 100 150 200
Slide 23: Hydrogen Hub - Powering the future
• Hydrogen Hub - Powering the future tr.rllafllll • INDIA Project location land Parcel : Pudimadaka, Visakhapatnam, AP : 1200 Acres NTPC Power Supply : - 5 GW RE-RTC Green Hydrogen : -1400 TPD Hydrogen Green Chemical Production : • Green Ammonia: 4300 TPD • Green Methanol: 1 500 TPD • Sustainable Av
Slide 24: Other Hydrogen Initiatives
• Other Hydrogen Initiatives tr.rllafllll • NTPC GREEN HYDROGEN INITIATIVES (; ~ ~ - GREEN GREEN HYDROGEN HYDROGEN MOBILITY PNG BLENDING MICROGRID 10 Hydrogen India's First World's Highest fuel cell buses green hydrogen Hydrogen project and 2 filling blending project to provide RE stations for in pi
Slide 25: NETRA - Getting ready for tomorrow
• NETRA - Getting ready for tomorrow tr.rllafllll • Energy Storage NTPC (VRFB & CO2 Based Storage) Coal Gasification based Synthetic Fuel & Chemical Carbon Capture, Utilization & Storage (CCUS) • Green Hydrogen & Green Chemicals NTPC Energy Technology and Research Alliance • Advanced Scientific Serv
Slide 26: Operational Excellence
cr.,lllflffl NTPC Operational Excellence • • • • •
Slide 27: Proven Operational Excellence
• Proven Operational Excellence tr.rllafllll • Maintaining Leadership • NTPC Coal Stations achieved PLF of 72.04°/o in FY26 with a clear lead over All India IPLF NTPC • Maintained a cumulative average Declared Capacity (DC) of over 85°/o across the coal-based fleet, reflecting strong operational rel
Slide 28: Payment Security & Sales Realization
• Payment Security & Sales Realization tr.rllafllll • Payment • Regulatory framework assuring returns with balancing risks and rewards NTPC • Tri -Partite Agreements (TPA) in addition to payment security through LC mechanism Security and Late Payment Surcharge Rules 2022. • 100°/o Reallization (- f
Slide 29: Long-term Fuel Security Assured Coal Supply
• Long-term Fuel Security Assured Coal Supply tr.rllafllll • Long-term • • 11OOo/o fuel tie-up through long-term Fuel Supply Agreements (FSAs) with coal companies. Coal is also available through bridge linkages, captive mines, e-auction etc. NTPC FSAs/Other Sources • -1 8°/o of coal requirements sup
Slide 30: Financial Performance
• r:.r.,lllflll • • NTPC - - - - - - - - - - - - - - - - - ~---" Financial Performance • • • • •
Slide 31: Financial Performance
• Financial Performance tr.rllafllll • Consolidated Basis EBITDA Profit after Tax Net Worth CAGR 10.81 o/o NTPC (Amount in Z Crore) CAGR 8 . .54% CAGR 12.89% 27,546 59,066 60,564 2,03,024 SS,393 23,953 50,279 21,332 1,82,881 43,625 1,46,280 1,59,690 16,960 17,121 1,34,657 FY22 FY23 FY24 FY2S FY26 FY
Slide 32: Group Financials
• Group Financials tr.rllafllll • ulars (Group) 31.03.2022 31.03.2023 31.03.2024 31.03.2025 Amount in ~ Cro re 31.03.2026 NTPC Share of Profit from JV s 1,020 780 1,636 2,214 2,864 .......................................................................................................................
Slide 33: Growth with Balanced Payouts
• Growth with Balanced Payouts tr.rllafllll • [ Growing Gross Fixed Assets 4,70,618 ) (Amt in~ Crore) (on Consolidated basis) [ Key Ratios NTPC I 4,04,210 CAGR Ratio s FY22 FY23 FY24 FY25 FY26 3,73,696 3,38,436 3,08,125 11.17% Debt Equity Ratio 1.55 1.50 1.46 1.34 1.32 Leverage Ratio 4.80 4.37 4.24
Slide 34: Financials - Standalone
• Financials - Standalone tr.rllafllll • NTPC Am ount in t Crore ars FY26 FY25 (. C~J)· Q 1FY27 Q 1 FY26 • C~;· m ,o (m ,o) ... Revenue from. Operations ....................................... 1.,65,494 ................. 1.,70,037 ........ (2.70%) ...............43,832:................ 42,573 ......
Slide 35: Sustainability & CSR
• r:.r.,lllflll ··~~~~~~~~~~~~~~~-~~~-~- NTPC Sustainability & CSR • • • • •
Slide 36: Sustainability Highlights
• Sustainability Highlights tr.rllafllll • Net Energy Intensity (MJ/kWh) 2.s __ Specific Water Consumption(L/kWh) • 2.76 ' , Biomass Co-Firing {Kilo Tons ) : NTPC 1,544 10.01 9.97 10.04 9.69 703.46 2.75 2.7 2.65 2.6 2.55 .2.69 • 2.68 .2.56 20 FY23 - 171.71 FY24 FY2S FY26 2.5 2.45 Emissions Avoided (
Slide 37: ESG: Continuous Improvements
• ESG: Continuous Improvements tr.rllafllll • SUSTAINALYTICS S&P Gl.obal S&P Global ESG Score MSCI NTPC Upgraded to "Medium Risk" w.e.f 24th July 2026 501100 Improvements in corporate Oat Avail b ll ty: I H igh overnance; health and safety 29 .83 Medium management Last upda ed· F bruary 03. 2026 ! .
Slide 38: NTPC CSR Initiatives - Touching Lives of People
• NTPC CSR Initiatives - Touching Lives of People tr.rllafllll • Consistently meeting the Statutory Framework for CSR of 2°/o of average profit (PBT) NTPC - Focus Areas Highlights • Built over 24000 school toilets, installed drinking water ATMs and RO plants, and provided healthcare access to over 3
Slide 39: Committed Professionals
• Committed Professionals tr.rllafllll • • ~ NTPC's Vision and Goals are steered by a highly committed workforce, as NTPC ••• evidenced by its consistent improvement in manpower productivity 1,r Per Employee 2025-26 2024-25 2023-24 • NTPC takes pride in its work culture of High-Trust and High-Perfor
Slide 40: Conclusion - A Compelling Investment Case
• Conclusion - A Compelling Investment Case tr.rllafllll • Integrated NTPC Power Maior with Proven Track Record Sustainable Disciplined Value Capital Creation Allocation Committed to the vision of Viksit Bharat Clear and Future ready Ambitious Energy Growth Portfolio Roadmap Strong Operational and F
Slide 41: Disclaimer
• tr.rllafllll • Disclaimer This prosontafion t, ;uuod by NTPC Umltod (the ''Company") for ganorcl Information putposu only artd does nol comt/fute ony recommandafiott Of" form po rt of any o((•r or lnvitalion or inducemanl to, ,.,i or lssuo, or any sol,'cito,ion of ar,y offor lo purd,oso or .subKri
NTPC — 22nd Annual Analysts and Institutional Investors Meet 2026 on 6ix