NTPC Q3 Results Review - Focus Continues On Thermal, RE Expansion; Maintain 'Buy': Axis Securities

NTPC’s aggressive renewable capacity addition target, where it can mobilise funds at a lower cost of debt (~6% versus 7-9% compared to private peers) puts it in a competitive position

<div class="paragraphs"><p>NTPC plant. (Source: Company website)&nbsp;</p></div>
NTPC plant. (Source: Company website) 
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