NTPC signs MoUs with GMDC to boost energy and mineral collaborationNTPC signs MoUs with GMDC to boost energy and mineral collaboration

Introduction

Leading power producer signed two MoUs with Gujarat Mineral Development Corporation Limited to use coal blocks for generation and explore coal and lignite gasification projects.

Also Read: Balu Forge locks 10% roof on today’s trade, onboarded onto NATO supply chain; here is what you can’t miss

Share price movement of NTPC

On February 27, 2026, NTPC Ltd opened at ₹381.80, down 0.01% from its previous close of ₹381.85. The stock reached a high of ₹384.35 (0.65%) and a low of ₹380.20. By 10:40 AM, it traded at ₹384.20, a 0.62% increase, with a market cap of ₹3,72,545.91 crore.

NTPC and GMDC Sign MoUs

NTPC Limited and Gujarat Mineral Development Corporation Limited signed two MoUs on 26 February 2026 in New Delhi. The agreements focus on strategic collaboration for coal and lignite resource utilisation.

The first MoU covers utilisation of coal from GMDC’s coal blocks for power generation at NTPC’s existing and upcoming power stations. It establishes a partnership for fuel supply arrangements.

The second MoU explores coal and lignite gasification and downstream commercialisation, including pilot projects and syngas utilisation. The ceremony was attended by Gurdeep Singh, CMD NTPC, and Roopwant Singh, MD GMDC.

Stock performance of NTPC for period of 1 week, 6 months, and 1 year

NTPC Ltd delivered a 2.40% return over the past week, gained 16.6% in the past 6 months, and rose 21.0% over the past 1 year.

Also Read: Tejas Networks rallies 12% after 5G win; check key details

Shareholding pattern of NTPC

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	51.10%	51.10%	51.10%
FII	16.20%	16.40%	16.10%
DII	29.30%	29.10%	29.00%
Public	3%	3.50%	3.80%

About NTPC

NTPC Ltd (NSE: NTPC) generates and sells bulk power to state utilities, and operates in consultancy, project management, energy trading, oil and gas exploration, and coal mining.

Stay Ahead with the Latest Stock Market Updates – Click Here

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs