Power giant NTPC Ltd on Tuesday (November 5) said its board of directors has approved investments for three super thermal power projects, totalling an estimated ₹79,738.45 crore.

The projects include the Telangana Super Thermal Power Project Phase-II, the Gadarwara Super Thermal Power Project Stage-II, and the Nabinagar Super Thermal Power Project Stage-II.

The Telangana project, with a capacity of 3×800 MW, is approved at an estimated cost of ₹29,344.85 crore. The Gadarwara project, featuring a 2×800 MW capacity, is projected to cost ₹20,445.69 crore. Additionally, the Nabinagar project also planned for a 3×800 MW capacity, is estimated at ₹29,947.91 crore.

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NTPC reported a 19.6% jump in net profit to ₹4,648 crore for the September quarter. The net profit beats a CNBC-TV18 poll estimate of ₹4,351 crore. The state-owned Maharatna power giant’s net profit in the year-ago period stood at ₹3,885 crore.

The company’s revenue dropped 1.3% on a YoY basis to ₹40,327.6 crore in the quarter from ₹40,875 crore a year ago and missing the CNBC-TV18 poll projection of ₹43,471.8 crore.

NPTC’s EBITDA declined by 8.2%, landing at ₹9,676.4 crore versus ₹10,537 crore YoY, reflecting softer operational performance in comparison to CNBC-TV18 poll estimates of ₹12,045 crore. The company’s EBITDA margin of 24% also contracted YoY from 25.7% and fell short of the CNBC-TV18 poll estimate of 28%.

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NTPC, under the Ministry of Power, is the country’s largest power generation company. The NTPC Group’s installed power generation capacity was 76,443 MW as of September 30, up from 73,824 MW a year earlier. The company’s installed capacity also increased on a standalone basis to 59,168 MW from 57,838 MW.

Shares of NTPC Ltd ended at ₹403.15, up by ₹2.30, or 0.57% on the BSE.