NTPC Ltd disclosed receiving a total tax demand of ₹168.6 million from authorities following a recent assessment. The power giant stated it will evaluate appeal options and contest the levy, emphasizing no material impact on its robust financial position or ongoing operations.
State-run power behemoth NTPC Ltd informed exchanges of a total tax demand amounting to ₹168.6 million raised by tax authorities. The demand stems from an assessment order covering specific fiscal periods, aligning with periodic reviews faced by large public sector enterprises.
NTPC highlighted that it is reviewing the order details and plans to pursue appropriate appellate remedies through established channels. The company underscored that the levy represents a negligible fraction of its consolidated financials and will not affect capital expenditure plans or dividend commitments.
Such demands are routine for infrastructure majors amid evolving tax interpretations, often resolved through adjudication.
Key Highlights:
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Tax Demand: ₹168.6 million (₹16.86 crore).
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Nature: Assessment order from tax authorities.
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Company Stance: Evaluating appeals; immaterial financial impact.
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Context: Standard scrutiny for PSUs with large-scale operations.
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Operational Effect: None expected on core business or projects.
Investor Takeaway:
NTPC has a strong track record of successfully contesting similar tax demands through appellate tribunals, with many cases resolved favorably or significantly reduced in prior years.
Source: NTPC corporate filing to BSE/NSE, December 17, 2025.