NTPC / Q2-FY26 / risks

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Ntpc · Material risks, their source context, and severity in the latest available quarter.

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PositiveQ2-FY26 · 2025-10-30Back to quarter ↗

Risk intelligence

Material risks this quarter

EESL losses continue

Energy Efficiency Services Limited continues to incur losses due to delayed receivables from urban local bodies; management acknowledged seriousness but no clear timeline for resolution.

medium

Renewable commissioning delays due to monsoon

Q2 renewable capacity addition slipped by 300-400 MW due to rains; wind projects face right-of-way challenges for heavy vehicle movement.

medium

Subdued power demand impacting generation

Group generation fell by 6 billion units in H1 due to milder summer and extended monsoon, leading to lower PLF and potential fixed cost under-recovery.

low

BESS co-located with solar lacks PPA visibility

Management indicated that battery storage co-located with solar projects may initially operate on merchant basis, with no firm tie-ups yet, creating revenue uncertainty.

medium