| NTPC Limited Related news |
|
|
|
Govt allocates Badam coal block to NTPC
Posted on 11th September 2019 |
.jpg) |
State-run power giant NTPC has been allocated Badam coal block in Jharkhand by Ministry of Coal following the acquisition of Barauni thermal plant, an official said. "The Ministry of Coal has transferred the Badam coal block, located in Jharkhand, to the NTPC Ltd, on September 2, 2019," a senior company official said. The Badam coal block was earlier allocated to Bihar State Power Generation Company Ltd (BSPGCL). |
|
|
Analyst Corner: Maintain ‘buy’ on NTPC with target price of Rs 158
Posted on 21st August 2019 |
.jpg) |
At its annual analyst meet, the NTPC top management exuded confidence about: Reversal of the CWIP ratio to 20% over the next three years (from 42% currently) led by higher capacity commercialisation; Rs 80,000 crore regulated equity by FY22E, implying a 15% CAGR; aggressive stance in adding renewable energy (RE) capacity under various modes (PPA, merchant, flexi generation, etc), which would earn at least regulated returns, if not higher; and ramping up captive coal mines and that higher ACQ would preclude fuel-based under-recovery. |
|
|
NTPC to set up 5,000-MW ultra mega solar park in Gujarat, Rajasthan
Posted on 20th August 2019 |
.jpg) |
NTPC, India’s largest power producer, is planning to set up ultra mega solar parks (UMSPs) of 5,000 MW capacity across solar radiation-rich states of Gujarat and Rajasthan to help India meet its 2022 renewable energy target, and to reduce its overall dependence on fossil fuel. NTPC chairman and MD Gurdeep Singh said the first ultra mega solar park will come up in Kutch district of Gujarat, while the next is planned in Rajasthan. “We have identified the location, and the process for acquisition of land will start soon in Kutch. We plan to invite the bids for the first phase of the park by March 2020,” Singh said. |
|
|
NTPC net profit up 6 per cent at Rs 2,840 crore in June quarter
Posted on 10th August 2019 |
.jpg) |
State-owned power giant NTPC on Saturday posted a 5.63 per cent rise in its consolidated net profit to Rs 2,840.28 crore in the June 2019 quarter. Its net profit was Rs 2,688.96 crore in the corresponding period a year ago, the company said in a BSE filing. |
|
|
NTPC to seek shareholder nod to raise Rs 15K crore, hike borrowing limit
Posted on 22nd July 2019 |
.jpg) |
State-owned National Thermal Power Corporation will seek shareholders' approval to raise Rs 15,000 crore through issuance of bonds or debentures and to raise borrowing limit to Rs 2 trillion, next month. The company will seek shareholders' nod through a special resolution to raise funds up to Rs 15,000 crore through issue of bonds/debentures on private placement basis in domestic market. |
|
|
ONGC, IOC, GAIL, NTPC may lose PSU tag after equity dilution
Posted on 12th July 2019 |
.jpg) |
New Delhi: Several of 'maharatna' and 'navratna' companies, including ONGC, IOC, GAIL and NTPC, could soon become independent board-run entities outside the scrutiny of CAG and CVC if the government implements a proposal to take out the PSU tag from some of the entities after its shareholding falls below the threshold 51% mark. |
|
|
NTPC terminates coal mining contract with BGR over allegations of corruption
Posted on 9th July 2019 |
.jpg) |
NTPC, India’s largest electricity producer, has terminated contracts it had awarded to BGR Mining & Infra Ltd for development of its coal mines in Jharkhand and Chhattisgarh over allegations of corruption against senior officials of the private mining company. NTPC has terminated contracts for development and operation of Chatti-Bariatu coal mine in Jharkhand and Talaipalli coal mine in Chhattisgarh, according to two separate letters dated July 4, 2019 sent by the state-owned company. |
|
|
NTPC-Power Grid JV likely to be distribution sector operator
Posted on 27th June 2019 |
.jpg) |
The Centre’s latest plan to form a national electricity distribution company is likely to be a distribution sector operator (DSO), with overarching responsibilities of sectoral reforms and technical expertise. Officials said the company would be involved in the consultancy business and not exactly intervene in the business of state-owned power distribution companies (discoms). |
|
|
Anil Ambani-promoted RInfra loses NTPC order worth Rs 567 crore to GE
Posted on 25th June 2019 |
.jpg) |
While Anil Ambani-promoted Reliance Infrastructure looks to almost double its existing order-book in the current financial year, not all is well with its existing orders. One of RInfra's contracts worth Rs 567 crore from NTPC has been re-tendered and awarded to another company this month. |
|
|
|
|
|
|
|
|
.jpg)
