Is this the right time to buy the stock of NTPC for long term holding?

The stock of NTPC has been a peripheral participant in the stock markets over the last few years, despite its size and clout. All that could change drastically in 2022. The stock of NTPC always the overhang of its huge thermal capacity, which was treated as low value-added fossil fuel. But now they have the strategy clear of using the cash flows from thermal to bankroll the green plans of the company for the future.

One of the big changes in the coming year will be NTPC hiving off its renewable energy unit into a separate unit before there is a public issue for the RE business. That is going to be a value booster for the stock. If you are willing to take a perspective of 1-2 years on NTPC, you could see a lot of the environmental impact rubbing off on the stock price. However, a lot will depend on the implementation and the way the cash is utilized.