Page 18 - Ntpc

NTPC concludes acquisition of govt's stake in THDC, NEEPCO at Rs 11,500 cr

The company informed the exchanges that it signed share purchase agreement on Wednesday to buy the government's entire 74.49 per cent stake of THDC for an aggregate consideration of Rs 7,500 crore

Post coronavirus lockdown, industrial demand for power plummets by 30%

An overall generation down by 3.6 per cent YoY in March 2020, creating financial problem for producers

NTPC, Power Grid earnings relatively immune to coronavirus spread

Having significant portion of regulated business, their earnings remain insulated and the two offer good dividend yield too

Centre allows time extension for solar projects facing supply disruption

Supply chain disruption due to Corona to be considered Force Majeure

Power demand shows signs of recovery as total generation rises by 11%

Feb recorded second straight month of demand uptick across the country

NTPC extends payment deadline of outstanding dues for discoms till March 17

State-owned power giant NTPC has decided to extend the deadline for defaulting discoms for making payment of outstanding dues till Tuesday next week, post which electricity supplies will be snapped. NTPC has given this breather to the defaulting discoms in view of Holi festival on Tuesday after some discoms assured that they will clear the dues. Later last month, the NTPC had given notices to these discoms for making payment of overdue outstanding amounts, saying that power supply would be cut on from midnight tonight. An outstanding becomes overdue after 60 days of rasing the bill against power supplied to a discoms or state. The gencos generally charge penal interest on these overdue amounts. According to the notices available on the company's portal, these defaulting discoms are in Uttar Pradesh, Telangana, Karnataka, Jammu & Kashmir, Delhi, Odisha, Bihar, Manipur, Mizoram, Kerala, Sikkim and Puducherry. "Due to mounting outstanding dues of around Rs 10,950 crore, the NTPC has

MNRE removes cap on bids for renewables, industry says decision ill-timed

Industry has been asking for removing caps when market conditions favoured higher tariffs; the govt's move comes when tariff has reduced

NTPC to commission second 800-Mw unit at Darlipalli in Q2 of FY21

Odisha to get 470-Mw power; NTPC has signed purchase pacts with Meghalaya, Assam and Tripura, and will also feed some power to Bihar and Chhattisgarh

Power Ministry flags concerns over divesting govt stake in NTPC, PowerGrid

Presently, the govt owns 54.14% in NTPC, 54.96% in PowerGrid and 55.99% in PFC.

NTPC's 800 mw unit power station in Odisha to start operation from Mar 1

With this, the commercial capacity of NTPC and NTPC group will become 49,695 MW and 58,156 MW respectively

NTPC to start commercial operation of 250 mw unit of Barauni Power Station

With this, the commercial capacity NTPC and NTPC group will become 48,895 mw and 57,356 mw respectively

NTPC hopeful of utilising 100% fly ash next fiscal; invites EoI

The fly ash will be procured from NTPC's Vindhyachal, Rihand, Korba and Sipat super thermal power stations

NTPC's acquisition of entire stake in NEEPCO, THDC India gets CCI nod

As part of transactions, NTPC will acquire 100 per cent of the issued and paid-up share capital of the NEEPCO and 74.5 per cent stake in THDC India

Govt keen to sell stake in THDCIL, NEEPCO to NTPC this fiscal: Report

The government's shareholding of 74.23 per cent in THDCIL will be divested along with transfer of management control to the NTPC

High-powered meet today to salvage stranded thermal power projects

Senior officials of the power ministry are meeting all stakeholders, including executives of NTPC, distribution companies, and banks, in New Delhi on Friday to take a call on the new govt scheme

RSDCL, NTPC sign agreement to develop 925-Mw solar park in Jaisalmer

As per the agreement, RSDCL will develop infrastructure in the solar park and NTPC will develop the solar projects

BSNL, Air India and MTNL highest loss-making PSUs in FY19: Survey

ONGC, Indian Oil Corporation and NTPC were the top three profitable PSUs in 2018-19

NTPC Q3 consolidated net profit increases 23% to Rs 3,198 crore

The company had posted a consolidated net profit of Rs 2,608.18 crore in October-December quarter of 2018, a BSE filing said

NTPC raises Asia's largest Japanese yen loan of $750 million

The proceeds from the latest JPY loan would be used in to fund capital expenditure for installation of FGD systems at its existing units

Budget 2020: Exemption on corporate tax to power NTPC, renewables

The renewable energy sector is elated that the benefit will come to them, given no future pipeline of any thermal power projects