NTPC Limited on Wednesday said Aravali Power Company has paid an amount of Rs 135 crore to the power giant as interim dividend for 2021-22.
State-owned power giant NTPC on Friday inked an initial pact with Indian Oil to collaborate in the field of renewable energy. This is a first-of-its-kind novel initiative by two leading national energy majors of India, to support the country's commitment to achieving renewable energy targets and reduce greenhouse gas emissions, a statement by NTPC said. "NTPC Ltd. and Indian Oil signed a memorandum of understanding (MoU) to collaborate in the field of renewable energy and mutually explore opportunities for supply of low carbon/RE RTC (round the clock) captive power," it said. The MoU was signed in the presence of Gurdeep Singh, CMD-NTPC; Shrikant Madhav Vaidya, Chairman, Indian Oil and other officials of the companies. Gurdeep Singh said NTPC is taking various steps to make its energy portfolio greener by adding significant capacity of renewable energy sources so that its non-fossil fuel-based capacity will become equal or greater than its thermal portfolio by 2032. Through this M
State-owned power giant NTPC has placed an order of 9,30,000 tonnes of biomass pellets for co-firing in power plants that will help improve air quality, said the power ministry. Besides, Haryana, Punjab and Uttar Pradesh are procuring 13,01,000 tonnes of biomass pellets for co-firing in their power plants, the power ministry said in a statement issued on Sunday. Power Secretary Alok Kumar had taken review meeting on the status of biomass co-firing in the thermal power plants on October 28. The meeting was attended by Central Electricity Authority, NTPC CMD, representatives from Punjab, Haryana and UP, mission director of the National Bio Mission, and senior officials of the power ministry. It emerged in the meeting that as a result of various actions taken by the power ministry, initiatives for procurement of biomass have been taken up by NTPC and different states, it stated. NTPC placed an order for 8,65,000 tonnes of biomass pellets, for which supply is already in progress. Fur
The average tariff of the company stood at Rs 3.82 per unit during April to September this fiscal. It was at Rs 3.86 per unit in same period a year ago.
Apart from earnings candidates, auto and telecom stocks could be in focus on reports of chip shortage likely to linger for a longer period
Since August, coal stock levels at thermal units have dwindled
NLC India on Thursday said it has commenced coal supply to NTPC's power plant at Darlipali in Odisha from its Talabira project in the eastern state
PMO likely to review coal & power situation today
On Monday, Chief Minister Arvind Kejriwal had said that the power situation is "very critical" in the entire country.
Mixed signals: Maharashtra govt raises alarm, but generating stations claim supply is under control
The government has received Rs 7,515 crore as dividend from central public sector enterprises so far in the current financial year
The Delhi government has to depend on costly gas- based power as well as spot purchase at high market rate as the NTPC has halved power supply to the city, Satyendar Jain said
State-owned power giant NTPC on Friday said it has paid the final dividend of Rs 3,054.45 crore for 2020-21. For the financial year 2020-21, NTPC Ltd has paid a final dividend of Rs 3,054.45 crore, being 31.5 per cent of the company's paid-up equity share capital, NTPC said in a statement. The real-time gross settlement (RTGS) advice for the transfer of Rs 1,560.93 crore, as the government's share in the final dividend, was presented to Union Minister of Power and New & Renewable Energy R K Singh, by NTPC Chairman and Managing Director Gurdeep Singh. This is the 28th consecutive year that NTPC has paid a dividend.
State-run power giant NTPC has inked a pact with lectricit de France S.A. (EDF) for cooperation in international power sector.
Capacity expansion, high operational efficiency, focus on renewables and reasonable valuation are triggers
More than half the nation's plants are on alert for outages after surging electricity demand and a slump in local coal output eroded stockpiles
In the past one month, the S&P BSE Power Index has gained over 6 per cent, outperforming the S&P BSE Sensex that has moved up around 1 per cent
The 30-share BSE benchmark jumped 533.74 points or 0.91 per cent to 59,299.32
Sources said the company would start a pilot of producing green hydrogen at its Vindhaychal thermal power unit in Madhya Pradesh
The company is also looking to sell its stake in NTPC-SAIL Power Co, a joint venture with Steel Authority of India Ltd. for supplying electricity to the steelmaker's mills and townships