NTPC Limited has submitted a regulatory filing to the National Stock Exchange of India Limited and BSE Limited regarding a press release dated 15th October 2026. The filing is made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The attached press release announces that NTPC Limited, India's largest power utility, has signed a Cooperation Agreement with Africa50, a specialist investor in African infrastructure. The agreement was signed on 15th October 2026.
The partnership aims to jointly identify, assess, and develop power-generation projects and cross-border electricity trading opportunities across Africa. The collaboration will leverage NTPC's engineering and operational capabilities along with Africa50's project development and financing expertise to advance commercially viable power projects.
Specific Roles and Contributions:
- NTPC will contribute technical, engineering, project development, construction management, and operations expertise to assess project feasibility and develop viable solutions
- Africa50 will leverage its proprietary continental-scale pipeline and access to governments and regulators through its 34 African country shareholders to identify priority power projects and structure them for investment
Leadership Commentary:
- Mr. Gurdeep Singh, Chairman and Managing Director of NTPC Limited, stated that the partnership will focus on developing commercially viable power projects in mutually agreed countries in Africa
- Mr. Alain Ebobisse, Group Chief Executive Officer of Africa50, emphasized that reliable and competitively priced power is central to Africa's industrial and economic transformation
The agreement strengthens investment partnerships between India and Africa and supports the development of power infrastructure that drives economic growth across the continent.
About NTPC:
The document provides background information on NTPC Limited, noting that it is a Government of India enterprise and India's largest integrated power company with an installed capacity of over 91.5 GW. The NTPC Group contributes around one-fourth of India's total electricity generation and has set a target of 149 GW of total installed capacity by 2032, including 60 GW of renewable energy.
About Africa50:
Africa50 is described as a specialist investor in African infrastructure with 39 shareholders, comprising 34 African countries, the African Development Bank, the Central Bank of West African States (BCEAO), Bank Al-Maghrib, the Public Investment Corporation (PIC), and African Reinsurance Corporation.
The filing was signed by Ritu Arora, Company Secretary & Compliance Officer of NTPC Limited, and was digitally timestamped on 15th October 2026 at 17:47:58 +05:30.