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Public hearing for NTPC 4,000 MW project held amid protests
Posted on 12th August 2015
Environmental public hearing by Andhra Pradesh Pollution Control Board (APPCB) on NTPC's 4,000 MW coal-fired power plant began amid protests by project-affected people at Pudimadaka, about 60 km from Visakhapatnam on Wednesday.

District Collector N. Yuvaraj noted down proceedings amid heavy rain and unprecedented security. The public hearing was held at project site after a spokesman of Hyderabad-based Vimta Labs, which conducted the EIA study, gave details on pollution control measures.


NTPC plans solar power push
Posted on 7th August 2015
NTPC Ltd is exploring options to manufacture solar equipment as part of the state-owned power producer’s strategy to be present across the green energy value chain.

To start with, India’s largest power generator is evaluating a plan to set up a 1,000-megawatt (MW) per annum manufacturing capacity, which may require an investment of Rs.5,000 crore.


Tata Power too expresses interest in acquiring stressed assets
Posted on 5th August 2015
Tata Power with the present installed capacity of 8,750 MW has launched an evaluation for the acquisition of stressed power projects in the country. Company's move comes close on the heels of similar exercise launched by the state-run NTPC and JSW Energy.

The company in its annual report for the fiscal 2014-15 said: ''Due to the current financial stress in the power sector in India, there are assets which may be available for acquisition. The company is evaluating and will continue to evaluate opportunities to acquire projects in various stages of development across the country. These acquisitions, if they materialise, will leverage our existing businesses in the power value chain.'' However, the company has not divulged further details with regard to brown field investment.


NTPC Q1 net profit down 3% on lower generation, PLF
Posted on 30th July 2015
NTPC Ltd, the country's largest power generator, today reported a 3% decline in net profit for the first quarter ended June on the back of lower generation and Plant Load Factor (PLF), a measure of power plant efficiency and output.

The company reported a net profit of Rs 2,135 crore for the quarter as compared to Rs 2,201 crore for the same quarter last financial year (2014-15). Gross generation for the June quarter stood at 58.69 billion units (BUs), a 7% decline from 63.15 BUs in the year ago period, the company said in a statement.


Retain buy on NTPC even as generation slips for Q1: HSBC
Posted on 10th July 2015
As per the monthly generation data released by CEA (central electricity authority) NTPC saw a 7% y-o-y decline in generation for Q1FY16. NTPC generated 22% of the power generated by all power plants in India during Q1FY16.

Meanwhile, there was a 12% y-o-y increase in generation by the private generation companies post a 20% increase in their generation capacity during Q1FY16. Thus there was a 670 bps y-o-y decline in the plant load factor (PLF) for NTPC coal stations and 400 bps y-o-y decline in PLF for the private thermal stations including both coal as well as gas stations during the same period.


NTPC undertaking first-of-its-kind restructuring
Posted on 23rd June 2015
NTPC, India's largest state-owned power generator, is restructuring many of its divisions, the first such remodelling since its inception. The company, which has several divisions across power generation - conventional and non-conventional sources, power and fly ash trading, equipment sourcing and consultancy -, is merging existing units and creating new ones.

Sources in the know say pursuant to discussions with the power ministry, several defunct memoranda of understanding (MOUs) that the company has signed with states to facilitate power development and purchase will be nullified.


Hydel power pushes NTPC into global big league
Posted on 19th June 2015
NEW DELHI: State-run NTPC has switched on an 800 MW hydel plant to join a select group of global peers who span the entire fuel chain — coal, gas, hydro power and renewables — for generating greener electricity.

Last week, the country's largest fossil fuel-based generation utility quietly switched on the last of the four 200 MW units of its first hydel project in Bilaspur district of Himachal Pradesh, roughly 145 km before the tourist destination of Manali.


NTPC-JKSPDCL to develop coal block in joint venture
Posted on 18th June 2015
State-run NTPC today said, it has entered into an agreement with Jammu and Kashmir State Power Development Corporation Ltd (JKSPDCL) to form a joint venture company for mining at Kudanali-Luburi coal block in Odisha.

NTPC and JKSPDCL will share equity in the ratio of 67:33 in the joint venture company for undertaking exploration, development and operation of jointly allocated Kudanali-Luburi coal block by Coal Ministry to them.


BHEL starts NTPC's 800-MW Koldam hydro power plant
Posted on 15th June 2015
State-owned BHEL today said it has commissioned NTPC's 800-MW Koldam hydro power project in Mandi district of Himachal Pradesh.

"Bharat Heavy Electricals Ltd (BHEL) has successfully commissioned all the four units of NTPC's 4x200 MW Koldam Hydro Electric Project (HEP) in Himachal Pradesh," BHEL said in a statement.


NTPC intends to buy stressed power generation assets, in talks with Rajasthan, Madhya Pradesh, West Bengal
Posted on 15th June 2015
KOLKATA: NTPC is on the prowl again. Armed with a reserve of about Rs 5,000 crore, this time the nation's largest power company intends to take over stressed power generation assets from central and state sector units. It is at present in talks with three such entities in Rajasthan, Madhya Pradesh and West Bengal, a person with knowledge of the plan said.

To own such power plants, NTPC is proposing to create joint ventures with state governments where it will take a majority stake. It had previously looked at acquiring private power assets, but the plan hasn't taken off as expected.


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