Page 3 - Ntpc

NTPC considering 50% green hydrogen blending at gas-power units: Officials

NTPC recently signed separate MoUs with three of its OEMs - Mitsubishi Heavy Industries, GE and Siemens to explore the possibility of hydrogen blending at its gas units

NTPC starts India's first green hydrogen blending operation in PNG network

State-owned power giant NTPC on Tuesday said it has started India's first green hydrogen blending operation in the PNG (piped natural gas) network of its township in Kawas, Surat. "The project is a joint effort of NTPC and Gujarat Gas Limited (GGL). The first molecule of green hydrogen from the project was set in motion by P Ram Prasad, Head of Project, Kawas, in presence of other senior executives of NTPC Kawas and GGL," a company statement said. The green hydrogen blending has been started in the piped natural gas (PNG) network of NTPC Kawas township in Surat, it added. After the start of the blending operation, NTPC Kawas held awareness workshops for township residents with the help of GGL officials. NTPC and GGL have worked relentlessly towards achieving this milestone in record time after the foundation stone laying by the Prime Minister on July 30, 2022. This set-up is geared up to supply H2- NG (natural gas) to households of Kawas township at Adityanagar, Surat. Green hydro

SKS Power Generation receives 7 bids, Reliance, Adani, NTPC among bidders

It can set the stage for another clash between the Adani and Reliance groups

NTPC power generation rises nearly 12% to 295 bn units in Apr-Dec 2022

State-owned energy giant NTPC's power generation grew 11.6 per cent year-on-year to 295.4 billion units (BU) in April-December this fiscal. This assumes significance as NTPC supplies one-fourth of the electricity in the country. NTPC recorded a generation of 295.4 BU during April-December 2022, registering a growth of 11.6 per cent compared to the same period the previous year, a company statement said. On a standalone basis, NTPC generated 254.6 BU during April-December 2022, a 16.1 per cent year-on-year rise. Its coal-based thermal power plants registered a PLF (plant load factor or capacity utilisation) of 73.7 per cent for 9 months in FY23 (April-December 2022) compared to 68.5 per cent in the year-ago period. NTPC's captive coal production remained at 14.6 MMT in the said period, with 51 per cent year-on-year growth. NTPC group's installed capacity is 7,0824 MW. Recently, the company has crossed 3 GW of renewable capacity.

NTECL pays Rs 100.11 crore interim dividend to NTPC for its 50% stake

NTPC Tamil Nadu Energy Company Limited (NTECL) has paid an interim dividend of over Rs 100.11 crore to NTPC for 2022-23. NTPC Tamil Nadu Energy Company Limited is a 50:50 joint venture of NTPC Limited and Tamil Nadu Generation and Distribution Corporation (TANGEDCO). "NTECL paid second interim dividend of Rs 100,11,68,090 for the year 2022-23 towards NTPC's 50 per cent share," NTPC said in a statement on Thursday. Ramesh Babu V, Chairman, NTECL & Director (Operations), NTPC, presented the cheque to Gurdeep Singh, Chairman & Managing Director, NTPC. Jaikumar Srinivasan, Director (Finance), NTPC, and Sandeep Aggarwal, ED (Finance) & Director, NTECL, were also present on the occasion.

Stocks to Watch: NTPC, LIC Housing, Alembic Pharma, SIS, Gail, Puravankara

Stocks to Watch: In the F&O space, Punjab National Bank (PNB) is the only stock in ban period on Tuesday.

NTPC ropes in GE Power India to carry R&D to reduce carbon emissions

NTPC Ltd on Thursday said it has inked an agreement with GE Power India Limited to reduce carbon emission from its coal-fired units. This agreement aims at partnering on research, development and engineering of technologies that will enable NTPC to reduce the amount of coal fired at units and gradually replace it by co-firing of carboneous and non-carboneous elements, the power giant said in a statement. Carboneous elements include methanol, carbon-neutral fuel, agri-waste, biomass, while non-carboneous elements are like ammonia. "NTPC Limited and GE Power India Limited sign MoU to reduce carbon intensity from NTPC's coal fired units. This is a first-of-a-kind step for coal fleet decarbonisation in the country," the statement said. The collaboration is to support NTPC in co-firing biomass pellets up to 100 per cent gradually as well as enabling the co-firing of methanol. Ujjwal Kanti Bhattacharya, Director Projects, NTPC Limited, said: "We are looking forward to working with GE Po

Tandwa plant of NTPC to start power generation after 23-year wait

The National Thermal Power Corporation's (NTPC) North Karanpura power plant will start power generation after a long wait of 23 years

Stocks to Watch: IRFC, Airtel, Jubilant Food, Delhivery, CBI, KP Energy

Stocks to Watch Today: Dabur India promoters, the Burman family, sold 1 per cent stake in the company through a block deal on Tuesday.

NTPC Group crosses 3GW of operational renewable energy capacity

State-owned power giant NTPC on Tuesday said that the NTPC Group including joint ventures and arms crossed 3GW of operational renewable energy (RE) capacity. The NTPC Group achieved this milestone with commissioning of first part capacity of 100 MW out of 300 MW Nokhra Solar PV Project at Bikaner, Rajasthan from 00:00 hours of December 20, 2022, a company statement said. NTPC group had crossed 2 GW on June 24 this year with the commissioning of its 92 MW floating solar project at Kayamkulam, Kerala. The company now has 36 operational RE projects spread across 12 states with a cumulative capacity of 3,094 MW. The capacity includes the largest floating solar portfolio of 262 MW in the country with two largest floating solar PV (FSPV) projects located at Ramagundam in Telangana and Kaymkulam in Kerala. NTPC has added 1,242 MW of renewable energy capacity in the current fiscal. As on date, a total of 4.8 GW capacity is under different stages of implementation and another 7.3 GW is un

NGT directs NTPC to comply with environmental norms at its Bilaspur plant

The National Green Tribunal (NGT) has directed NTPC Limited to take steps such as developing avenue plantation, preparing a time-bound plan for disposal of ash and identifying land for afforestation to comply with environmental norms at its plant in Bilaspur in Chhattisgarh. The requisite steps to be taken by NTPC were recommended by an oversight committee comprising the Central Pollution Control Board (CPCB) and the Union Ministry of Environment, Forests and Climate Change (MoEF&CC), which was earlier constituted by the tribunal to verify the facts. The committee filed a compliance status report on August 16. "In view of the report, the only further direction of the tribunal required is that NTPC may take necessary steps in the light of observations in the report, including developing avenue plantation, obtaining further direction from MoEF&CC regarding EC conditions, preparing time-bound plan for disposal of ash and identifying land outside the project for afforestation, a ..

Stocks to watch: Bharti Airtel, Poonawalla Fincorp, M&M, SBI, Wipro, NTPC

Stocks to watch today: M&M will invest Rs 10,000 crore to set up an electric vehicle (EV) manufacturing facility in Pune; Bharti Airtel launched 5G Plus services at no-extra cost in Lucknow

Power producer NTPC to sell stake in green energy business: Sources

The deal marks the first green transaction by an Indian state company, which has drawn interest from investors, such as Canada Pension Plan Investment Board (CPPIB), Malaysia's Petronas and Brookfield

State-run NTPC to raise Rs 500 crore via non-convertible debentures

State-run power giant NTPC will raise Rs 500 crore through the issuance of non-convertible debentures on a private placement on Friday. "NTPC has decided to issue unsecured non-convertible debentures of Rs 500 crore on December 16, 2022, through private placement at a coupon of 7.44 per cent per annum with a door to door maturity of 10 years 3 months 30 days on April 15, 2033," a BSE filing stated. The proceeds will be utilized for, inter alia, funding of capital expenditure, refinancing of existing loans and other general corporate purposes, it stated. The debentures are proposed to be listed on BSE. Debenture Trust Deed will be duly executed as per the requirements of and within the period of time prescribed under the Companies Act and rules specified therein. These debentures are being issued under the recommendation of board resolution dated July 29, 2022 and subsequent approval obtained through shareholders' resolution dated August 30, 2022. This is the first issue of debentu

Stocks to watch: Glenmark Pharma, NTPC, V-Guard Inds, Lupin, YES Bank, NDTV

Stocks to watch today: Jaiprakash Associates has called a board meeting on Monday, December 12, to mull over sale of their Nilgrie cement unit in Madhya Pradesh

Peaking gas and power units to run under special scheme next summer

Move aimed at handling peak demand, NTPC-GAIL to ink pact, PowerMin to fund the scheme

NTPC declares commercial operation at Ettayapuram Solar PV project in TN

State-owned NTPC Ltd has commenced the commercial operation of its solar photo-voltaic project in Tamil Nadu. With this, the standalone installed and commercial capacity of NTPC Ltd has become 57,801.27 MW while the group installed capacity grew to 70,416.27 MW, the company said on Saturday. According to the company, the 230MW Ettayapuram solar PV project is being developed under the Central Public Sector Undertaking (CPSU) scheme Phase-II Tranche-I of the Ministry of New and Renewable Energy. The project was won by NTPC through the Viability Gap Funding based competitive bidding done by Solar Energy Corporation of India Ltd in 2019. It is developed through Larsen and Toubro under EPC, NTPC Renewable Energy Ltd said on its website. "Consequent to successful commissioning, first part capacity of 162.27 MW out of the 230 MW Ettayapuram Solar PV project at Tamil Nadu is declared on commercial operation with effect from 12 noon, December 12," NTPC said in a BSE filing on Saturday. As

Capex by CPSEs accelerates to 60% of annual target during Apr-Nov period

CPSEs are likely to achieve their target as they tend to rush up their spending in March quarter

Power giant NTPC plans nuclear expansion as India chases climate goals

The state-run company aims to install 20 to 30 gigawatts of nuclear capacity by 2040

NTPC, Tata Motors: Analysts bet on renewable energy stocks for long-haul

Analysts see the renewable energy sector as a long-term structural play given the growing climate awareness and the government's efforts towards adoption of green energy sources