Given that revenue growth is on the back of convincing operational factors such as improvement in plant load factor
According to a company official the rise in net profit has been due to increased generation and better ulilisation of its capacities
Bids amounting to Rs 1,250 crore received against NTPC's issue size of Rs 500 crore
State-run NTPC has received bids amounting to Rs 1,250 crore for its taxable secured non-convertible debentures issue of Rs 500 crore. "NTPC Ltd invited bids for its 62nd series of taxable secured non-convertible debentures today with bullet repayment after 10 years. Bids amounting to Rs 1,250 crore were received against issue size of Rs 500 crore," the company said in a statement. According to the statement, after creating pricing tension, coupon of 7.58 per cent per annum was achieved which was inside of corporate 10-year 'AAA' yield curve by 12 basis points and an amount of Rs 800 crore was allocated to successful bidders. The bidding was conducted on the Electronic Bidding Platform of National Stock Exchange under the guidelines issued by SEBI for adopting electronic book mechanism for issuance of debt securities on private placement basis. The proceeds of the issue will be utilized for capital expenditure. NTPC is rated 'AAA' by CRISIL, CARE and ICRA. The bond issue was also .
Proceeds to be used in developing renewable energy projects
NTPC's bond issue was described as the first-ever Indian quasi-sovereign to issue a Masala Bond
The notes, which are labelled green, will be issued out of NTPC's $4-billion medium-term note programme
NTPC hopes nearly a fourth of its coal will be procured from its own mines in the next five to 10 years
Company has a total installed capacity of 47,178 MW at present
Pinarayi Vijayan said non-availability of LNG was the main problem with regard to the plant
State-run NTPC proposes to set up the first stage of 'Barethi Super Thermal Power Project' with 2,640 mw capacity in Chhatarpur
Power and Coal Minister Piyush Goyal said that NTPC has achieved savings of approximately 30 paise per unit
Govt pushing for investment in efficient capacity
This is one of the highest-ever employee participation in a government disinvestment
The power producer is adding 1600 Mw (2x800) at the Kaniha station as part of its Stage-III expansion
NTPC group achieved generation increase of 11.65% during the period
Cumulative generation of the company was 64.6 billion units in Q1FY17
The 2980-MW Sipat super thermal power station is the first super critical technology based power station of the NTPC
Q&A: Gurdeep Singh, Chairman & Managing Director, NTPC
Interview with Chairman & Managing Director, NTPC