Page 16 - Ntpc

CBI arrests NTPC manager in Jharkhand for accepting bribe of Rs 3 lakh

The Central Bureau of Investigation (CBI) on Monday arrested a National Thermal Power Corporation (NTPC) official in an alleged case of graft to the tune of Rs 3 lakh

Thriveni Earthmovers bags Rs 31,428 cr contract to develop NTPC coal mine

Mining company Thriveni Earthmovers has bagged a contract worth Rs 31,428 crore from NTPC to develop and operate Talaipalli coal mine in Chhattisgarh alloted to the state-owned power giant. "Thriveni Earthmovers... a Coimbatore-based mining company, has bagged another mine development and operation contract from NTPC on August 26, with a contract value of Rs 31,428 crore," an official on the condition of anonymity said. Earlier, NTPC had terminated the contracts it had awarded to BGR Mining & Infra for development of its coal mines in Jharkhand and Chhattisgarh over allegations of corruption against senior officials of the private mining company. NTPC had terminated the 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 by NTPC. NTPC had awarded mine development and operation contract of the Chatti-Bariatu mine to BGR in November 2017. In the same month, it .

NTPC to seek shareholders' nod to raise up to Rs 15,000 crore via bonds

The funds are proposed to be raised on private placement basis in one or more tranches not exceeding 30; AGM is scheduled for September 24

Energy companies go green, change tack from coal to renewables

Covid has brought to fore the need for sustainable development. A two-part series examines the shift in energy sector

Ujjwal Kanti Bhattacharya takes charge as NTPC Director of projects

State-owned power giant NTPC on Friday said Ujjwal Kanti Bhattacharya has taken charge as its Director (Projects). "Before appointment as Director (Projects), NTPC, he has worked as MD and CEO (Bangladesh India Friendship Power Company Ltd), Executive Director (International Business Development) and Executive Director (Projects), NTPC," a company statement said. Bhattacharya joined NTPC in 1984 as engineering executive trainee, and was initially posted at NTPC Korba, which was then situated in Madhya Pradesh, the statement added. He is an Electrical Engineering Graduate from Jadavpur University, Kolkata. He has also completed his PG Diploma in Management from MDI, Gurgaon. Bhattacharya started his career in greenfield project construction, followed by working in the different areas including power plant operation & maintenance and technical services at NTPC Farakka (1,600 MW) in West Bengal. After serving various departments in Farakka, he moved to NTPC Talcher Thermal (450 MW) .

Railways meets solar power developers for zero carbon emission goal

The railways has developed a mega plan for installing solar plants of 20-GW capacity by utilising its vacant land by 2030

Divestment news attracts investors to govt companies; PSU stocks gain

Half a dozen PSU stocks have gained over 15% each

NTPC gets Niti Aayog, DIPAM nod to set up renewable energy biz arm

NTPC said it has received the approval of Niti Aayog and Department of Investment and Public Asset Management to set up a wholly-owned company for its renewable energy business.

NTPC: Improved earnings visibility boosts sentiment for attractive stock

Rising capitalisation may drive regulated equity returns

NTPC jumps 9% after Q1 earnings; consolidated net profit declines 6% YoY

The company's revenue from operations slipped 2.57 per cent YoY to Rs 26,194.76 crore during the quarter under review.

NTPC begins bulk supply of fly ash using new infra from UP cement plants

During the financial year 2019-20, almost 44.33 million tonnes of fly ash was utilised for various productive purposes, being 73.31 per cent of the ash generated

NTPC consolidated pre-tax profit dips 6% to Rs 3,443 crore in June quarter

The firm's total income during April-June came down to Rs 26,794.68 crore, compared to Rs 27,353.36 crore in the year-ago period

NTPC profit slumps 6% in June quarter, income down at Rs 26,795 cr

The company's total income during April-June 2020 came down to Rs 26,794.68 crore, compared with Rs 27,353.36 crore in the year-ago period

NTPC Group's power generation in July rises 13% at 26.73 billion units

NTPC on Tuesday said its power generation including of joint ventures and subsidiaries rose 13.3 per cent to 26.73 billion units in July as compared to the preceding month. In June, the total power generation of the NTPC Group stood at 23.59 billion units (BU), a company statement said. NTPC Coal stations registered a growth of 5.6 per cent year-on- year with generation of 21.89 BU compared with 20.74 BU in July 2019. The Korba project (2,600 MW) in Chhattisgarh achieved over 100 per cent plant load factor or capacity utilisation last month. With a total installed capacity of 62,910 MW, the NTPC Group has 70 power stations comprising 24 coal, 7 combined cycle gas/liquid fuel, 1 hydro, 13 renewables along with 25 subsidiary & JV power stations.

NTPC achieves highest daily gross power generation of 977.07 MU: Govt

NTPC total generation includes power generated from its subsidiary and JV companies

Decline in order inflow at L&T does not augur well for capital goods sector

Even though it was better than what analysts had expected, it still paints a bleak picture.

NTPC's 1,600 MW Lara Power Project in Chhattisgarh fully operational

With this, the total installed capacity of NTPC and NTPC group has become 51,155 MW and 62,910 MW respectively

NTPC joins hands with NIIF for investing in RE, power distribution

Plans to build 30 Gw of its overall generation capacity from renewable energy by 2032. It currently has installed capacity of 62 Gw, with 80% thermal power

NGT asks NTPC Vindhyachal to pay Rs 10 cr fine for breach of fly ash dyke

It directed the CPCB to ensure scientific disposal of fly ash as per the statutory notification issued by the MoEF under the provisions of Environment Protection Act, requiring 100% utilisation

Spending 50% of capex target by September: An uphill task for PSUs

Union Finance Minister Nirmala Sitharaman had earlier this week asked public sector companies to undertake half their capex for the current year by September.