The deal is at a competitive rate with a tenure of 15 years, for its 470 Mw solar projects in Rajasthan and 200 Mw in Gujarat
State-run power giant NTPC on Thursday said its arm NTPC Renewable Energy Ltd (NTPC REL) has signed the first green term loan agreement of Rs 500 crore with Bank of India
Despite hurdles faced by sector, Street appears bullish
Tata Power has surged 10 per cent and trading near its record high; Torrent Power, Power Grid and Indian Energy Excahgne (IEX) from the BSE Power index were all trading at respective all-time highs
In the last one month, the stock has rallied 16 per cent, as against a 7 per cent rise in the S&P BSE Sensex.
IOC confirms talks to set up two hydrogen production and refuelling stations
State-run power giant NTPC on Thursday said the company has decided to raise Rs 3,000 crore through issuance of bonds on a private placement basis on September 13.
State-owned NTPC will seek shareholders' approval to raise Rs 18,000 crore through the issuance of bonds or debentures in its annual general meeting on September 28.
The Madhya Pradesh government on Friday signed a memorandum of understanding (MoU) with NTPC Limited for setting up an industrial training institute (ITI) at a village in Khargone district.
Discoms should improve recovery, says power secretary
NTPC said the company was augmenting its imported coal capacity of 2.7 million tonne, which was drawn from its earlier contracts
NTPC Ltd is ramping up coal output from its mines and importing 270,000 tonnes of the fossil fuel under existing contracts, as it seeks to boost stocks at its plants and meet rising electricity demand
State-run power giant NTPC on Monday said that it has geared up to meet rising power demand and recorded electricity generation growth of 23 per cent over the previous year. The country is witnessing a sharp increase in power demand and NTPC is making all efforts for meeting demand as per the grid requirement, it statement said. NTPC has geared up to meet the increasing demand and the generation from NTPC group stations has registered a 23 per cent growth compared to the previous year, it stated. Under flexible utilisation of coal policy, NTPC is arranging coal at the stations where the stock position is critical. Further, it said that it is continuously coordinating with Coal India and Railways for augmenting coal supply at critical stations and diverting rakes wherever required. It is also augmenting 2.7 Lakh MT import coal left out from the contracts placed earlier. Darlipalli Unit 2 (800 MW) was put in operation, and commercial operation of the unit is being done with effect
But the company will have to do a financial Houdini act meanwhile to make the markets keep faith in its long term story
With this, the installed capacity of the floating solar PV project at Simhadri stands at 25 MW.
India's largest power generating company NTPC Ltd has floated a global expression of interest to set up a pilot project on hydrogen blending with natural gas in city gas distribution network.
NTPC said the loan will be utilised towards capital expenditure for ongoing/new capacity addition programmes
State-owned NTPC on Wednesday invited proposals for raising term loans worth up to Rs 5,000 crore. The power producer has issued a Request for Proposal (RFP) for raising the amount and financial institutions can submit bids till 11 am on August 26, 2021. The bids would be opened the same day at 11.30 am, according to a letter by NTPC to financial institutions. The loans would be utilised towards capital expenditure for ongoing or new capacity addition programmes. These include takeover of projects, buying out Government of India's equity stake in PSUs under the disinvestment programme, renewable energy projects, coal mining & washeries, renovation & modernisation programmes of various projects, refinancing of loans and general corporate purposes. The minimum amount of loan offered by banks/ financial institutions shall be Rs 500 crore and in multiples of Rs 500 crore thereafter, as per the company. In case of two bidders quoting the same rates, preference will be given to ...
MP govt cancels PSA signed after record low bids in two solar parks
NTPC's gross power generation in the June quarter was 71.74 billion units compared to 60.18 billion units (BU) in the same period a year ago