| NTPC Limited Related news |
NTPC planning 3,000 MW capacity addition at Talcher
Posted on 11th June 2015 |
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State-owned NTPC today said Talcher in Odisha will become a power hub with the PSU planning around 3,000 MW of capacity addition there. "Recently I was in Odisha and the Chief Minister wanted that we should do expansion in Talcher. We have two stations there. One is Super Thermal Power station and one is Talcher Thermal Power Station (TTPS)," NTPC Chairman and Managing Director Arup Roy Choudhury told reporters here. |
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Reduced coal concerns, pick-up in industrial demand to help NTPC grow
Posted on 8th June 2015 |
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NTPC is becoming analysts' favourite. Despite a 5% fall in net profit in the fourth quarter of 2014-15, experts are getting bullish on the counter. This is because with improving coal availability, higher pay load factor (PLF) — a measure of capacity utilisation—and reduced regulatory uncertainty, the worst is behind NTPC. Getting past its coal woes has brought major relief for NTPC. The central government has re-allocated NTPC five coal blocks, which got cancelled because of the apex court verdict on coal block allocation. Now, NTPC has 10 coal blocks. |
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BHEL wins Rs 369-cr order to revive NTPC's Barh project
Posted on 1st June 2015 |
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State-owned BHEL today said it has bagged a Rs 369-crore order for supply and installation of a power cycle piping (PCP) package for Barh project of NTPC. "Bharat Heavy Electricals Limited (BHEL) has bagged a contract for supply and installation of a PCP package for Barh Super Thermal Power Project (STPP), stage-I (3x660 MW), of NTPC," BHEL said in a press release. |
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NTPC net profit tumbles 5% to Rs 2,944.03 cr
Posted on 29th May 2015 |
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State-owned power utility NTPC today reported a 5 per cent drop in its March quarter net profit to Rs 2,944.03 crore. Net profit of Rs 2,944.03 crore, or Rs 3.57 per share, was 4.8 per cent lower than Rs 3,093.54 crore, or Rs 3.75 a share, in the same period a year ago, National Thermal Power Corporation Limited said in a stock exchange filing. |
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NTPC to take over DVC's Bengal project
Posted on 21st May 2015 |
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NEW DELHI: State-run generation utility NTPC is taking over the Raghunathpur project of DVC, once the powerhouse of the east with a capacity of 5,800 mw which has fallen into hard times and staring at financial dead end due to years of bad management. Government sources told ToI power ministry has scheduled a meeting of NTPC and DVC managements on the terms and conditions for taking over the project located in Purulia district of Bengal. |
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NTPC yet to get promised land from West Bengal government
Posted on 20th May 2015 |
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KOLKATA: Nearly 15 months after West Bengal chief minister Mamata Banerjee announced handing over of 96 acres to NTPC for setting up a proposed 1,320 Mw power plant, the state government is yet to hand over land to the firm. NTPC is also waiting for waiver of landholding ceiling to buy some 150 acres from villagers directly, with the result that the project has been delayed by at least five years already In February last year, Banerjee had announced handing over of the land to the power producer to speed up industrialisation in the state. |
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NTPC to buy 15,000MW of solar power through reverse auction
Posted on 15th May 2015 |
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New Delhi: As part of the National Democratic Alliance government’s green energy push, state-owned NTPC Ltd will call for bids from solar project developers for buying 15,000 megawatts (MW) on behalf of the ministry of new and renewable energy (MNRE). This is in addition to NTPC’s plans to set up 10,000 MW of solar power capacity on its own. |
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Cabinet approves stake sale in Indian Oil, NTPC
Posted on 14th May 2015 |
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The Cabinet Committee on Economic Affairs (CCEA), led by Prime Minister Narendra Modi, on Wednesday approved the disinvestment department’s plan to sell stakes in Indian Oil and NTPC as part of the Centre’s Rs 41,000-crore divestment target for public sector undertakings. At current share prices, a planned 10 per cent stake sale in oil marketing company Indian Oil could fetch Rs 8,120 crore, while a five per cent stake sale in power producer NTPC could get the exchequer Rs 5,689 crore. The Centre had last divested part of its stake in Indian Oil in March last year and in NTPC in February 2013. |
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Govt may clear NTPC, IndianOil selloff today
Posted on 13th May 2015 |
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NEW DELHI: The government is expected to provide a thrust to its ambitious disinvestment programme for the current financial year by clearing stake sale in over half-a-dozen companies including NTPC and IndianOil. The cabinet committee on economic affairs (CCEA) is expected to take a call on stake sale in these two companies on Wednesday. Sources said the government is looking to sell 5% in NTPC and 10% in IndianOil, which could help mop up around Rs 14,000 crore based on current market price. Coal India too is back on the disinvestment radar although it is not clear if the 5% stake sale is on the agenda for Wednesday's meeting of CCEA. |
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Now, NTPC eyes masala bonds
Posted on 9th May 2015 |
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After Indian Railway Finance Corporation (IRFC), state-owned NTPC is also considering raising funds through masala bonds, or rupee-denominated bonds issued in capital markets abroad. An NTPC official said the company was planning to raise such bonds to part-finance its capital expenditure. Recently, the company’s board had approved a proposal to raise debt from foreign bond markets. “Depending on market conditions and requirement, the company will look at an offering of global rupee bonds soon, after the guidelines on this are notified,” the official said, adding discussions on the issue were in preliminary stages. |
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