Page 22 - Ntpc

NTPC to invest Rs 10,300 cr in greenfield thermal and solar plants in UP

These include 1,600 Mw thermal unit in Sonebhadra district worth Rs 9,000 cr, two solar plants of 225 Mw and 25 Mw capacity at Kanpur and Auraiya districts respectively worth a combined Rs 1,300 cr

NTPC for single-window MSE registration to boost ease of doing business

As against the govt mandate for minimum 25% procurement from MSEs, NTPC has achieved 36% procurement from MSEs in the current fiscal till Nov 2018

NTPC wins 85 MW solar capacity in a reverse auction held by UP government

NTPC participated for 85 MW solar capacities and has won the entire capacity bid by it, at a levelised tariff of Rs 3.02/unit, applicable for 25 years

NTPC's September-quarter profit falls marginally, misses estimates

Analysts on average had expected a profit of Rs 25.78 billion, according to IBES data from Refinitiv

NTPC looks at innovative ways to increase renewable energy penetration

As tariff of solar and wind power have fallen below Rs 2.5 per unit last year, NTPC is hopeful of supplying cheaper power to its beneficiaries

NTPC to raise $150 mn in term loan to finance capital expenditure

The loan will be for a minimum term of 10 years, the company said in the offer document

NTPC prepares war chest to bid for stressed assets; shortlists 8-9 projects

A spike in power demand pushes the state-owned firm to ramp up capacity; shortlists eight to nine projects

Bharat Forge, NTPC JV initiates voluntary liquidation process under IBC

As BF-NTPC has not commenced any business yet, both JV partners have decided to close down the company

NTPC's Rs 77.32-billion expansion project in Odisha gets green clearance

In its proposal, the NTPC said about 446 acres of land is required for expansion

NTPC insists Odisha honours Talcher PPA, says won't scrap agreement

The issue: Power-starved earlier, state today is saddled with a glut; seeks to renege from commitment to lift at least 50% from 1,320 Mw capacity at Talcher

Dharmendra Pradhan seeks quick nod for NTPC's power project in Odisha

Pradhan pointed out that a lack of requisite clearances for such big-ticket investments even after a lapse of more than 15 months will dampen the investment climate in Odisha

NTPC's trading arm to begin 300 MW power supply to Bangladesh from midnight

NVVN signed a Power Purchase Agreement (PPA) with Bangladesh Power Development Board (BPDB) on September 6, 2018 at Dhaka for supply of 300 MW power from Damodar Valley Corporation (DVC)

NTPC Q1 net flat at 25 mn on depreciation, fuel cost, revenue up by 11%

The company's had posted Rs 26.1 billion standalone net profit in the corresponding period last fiscal, it said in a BSE filing

NTPC signs Rs 15 bn term loan with HDFC Bank for a period of 15 years

The loan agreement was signed by NTPC General Manager (Finance) A K Gautam and HDFC Bank Regional Head for Corporate Banking Raveesh Bhatia on July 10

NTPC takes equity stake in two Bihar state power projects for Rs 21 billion

MoU with Rajasthan for Chhabra power plant stuck as elections loom

NTPC plans to load cheaper power first, plans new despatch schedule

About half of NTPC's 40.4 Gw coal-based installed capacity, generates power at Rs 3 or lower. The company will add a 5,000-Mw coal-based capacity this year

NTPC banks on renewable energy generation to minimise stranded asset risk

NTPC Ltd, the largest power producer, is looking to minimize its stranded asset risk while accelerating the integration of renewable energy generation capacity. The strategy is a win win for NTPC shareholders, the government, electricity consumers, distribution companies (discoms) and the environment, says a report by US-based Institute for Energy Economics & Financial Analysis (IEEFA).NTPC has agreed to share the fuel savings with the relevant discoms, providing the maharatna company with enhanced overall returns and consumers with progressively lower cost electricity. The power giant already has some of the lowest cost and highest utilisation coal plants in the country such that it generates one of the highest returns on investment despite low average wholesale tariffs."Finally, in what may be a global first, NTPC Ltd is planning an auction for two GW of new wind and solar projects with the object of blending renewable electricity generation into its existing coal-fired power ...

Private power companies object to NTPC's sale of power in Bangladesh

The largest thermal power producer, NTPC won the bid by beating three players -- Adani Power, Semcorp and PTC

NTPC raises $400 mn through medium term note from international markets

State-owned power giant NTPC today said it has raised USD 400 million through issuance of medium term note in the international markets on March 12. This is the ninth offering under the company's USD 6 billion Medium Term Note (MTN) programme since it was set up in 2006, taking the cumulative amount raised under the programme to USD 3.85 billion, NTPC said in a statement. According to the statement, having updated the MTN programme in December 2016, NTPC was well positioned to take advantage of a supportive primary credit market and launched a benchmark size, senior, unsecured, fixed rate 10 year bond transaction with an initial price guidance of US Treasuries (UST) plus 180 basis point area on March 12 (Asia open). The offering was met with strong demand and the transaction was oversubscribed within 4 hours of bookbuilding. In terms of geographical distribution, Asia took the bulk of the transaction at 79 per cent, with supplemental demand from Europe, Middle East & Africa (EMEA)

NTPC to take over Kanti, Nabinagar JV plants for Rs 30 bn in Bihar

State-run power giant NTPC is likely to finalise the acquisition of entire stake of Bihar State Power Holding Company Ltd (BSPHC) in its two JV plants at Nabinagar and Kanti for around Rs 3,000 crore in a month. "The negotiation is in advance stages. NTPC will acquire entire stake of BSPHC, erstwhile Bihar State Electricity Board (BSEB), in Kanti and Nabinagar plants for around Rs 3,000 crore in a month," a source said. Earlier the Bihar political leadership has spoken many times about their intend to sell the BSPHC stake in the Nabinagar and Kanti power plants to NTPC. Kanti Bijlee Utpadan Nigam, (formerly known as Vaishali Power Generating Company Ltd) was incorporated on September 6, 2006, with NTPC contributing 51 per cent of equity. The BSEB has the remaining equity in the joint venture which was renamed as Kanti Bijlee Utpadan Nigam on April 10, 2008. Present equity holding of NTPC is 64.57 per cent & BSEB is 35.43 per cent. It has 610 MW installed power generation ...