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Page 5 - Ntpc

NTPC gains 4% as bids line up for minority stake sale in Green Energy arm

ArcelorMittal, Brookfield and Canada Pension Plan Investment Board were among over dozen entities that evinced interest to buy stake in green energy arm NTPC Green Energy (NGEL)

NTPC gains 4% as bids line up for minority stake sale in Green Energy arm
Updated On : 02 Sep 2022 | 10:17 AM IST

CPPIB, Petronas, Arcelormittal among 13 to bid for NTPC's green energy unit

The Canada Pension Plan Investment Board (CPPIB), Malaysian state-run Petronas and Arcelormittal SA are among the 13 bidders for a minority stake in the green energy unit of India's NTPC Ltd

CPPIB, Petronas, Arcelormittal among 13 to bid for NTPC's green energy unit
Updated On : 02 Sep 2022 | 6:57 AM IST

Power exchanges clock growth despite pending discom dues worth Rs 1.32 trn

A third player starts operations, pointing to the potential of this nascent business

Power exchanges clock growth despite pending discom dues worth Rs 1.32 trn
Updated On : 01 Sep 2022 | 11:17 PM IST

ArcelorMittal, CPPIB among bidders for stake in NTPC Green Energy

ArcelorMittal, Brookfield and Canada Pension Plan Investment Board are among over a dozen entities that have evinced interest in buying stake in NTPC Green Energy Ltd, according to sources. NTPC Green Energy Ltd (NGEL) is a wholly-owned subsidiary of state-owned power giant NTPC Ltd. The expression of interest (EoI) for stake sale of 5 to 10 per cent in NGEL was invited in June this year. "The NTPC has received 13 bids for divesting up to 5-10 per cent stake in the NGEL. The EoI for the stake was issued around June. The bidders include ArcelorMittal, Brookfield, and Canada Pension Plan Investment Board. The winners will be finalised by the end of the month (September)". NTPC expects the valuation of the NGEL to be around Rs 2,000 crore. The sources also informed that the IPO (initial public offer) planned for NGEL will now come in FY24 (next fiscal). The company has not decided yet on the quantum of stake to be offloaded eventually and is looking initially at a 5 to 10 per cent st

ArcelorMittal, CPPIB among bidders for stake in NTPC Green Energy
Updated On : 01 Sep 2022 | 7:10 PM IST

NTPC gets shareholders' nod to raise up to Rs 12,000 cr via bonds

NTPC has got shareholders' approval to raise up to Rs 12,000 crore through issuance of non-convertible debentures on private placement basis. The resolution was passed with requisite majority in the annual general meeting held on Tuesday. The funds to be raised in one or more tranches (not exceeding 12) will be used for capital expenditure, working capital and general corporate purposes, as per the notice for the AGM. As the company is in capacity expansion mode, major portion of the capital expenditure requirement has to be funded by debt. The company's board approved the proposal on July 29, 2022.

NTPC gets shareholders' nod to raise up to Rs 12,000 cr via bonds
Updated On : 01 Sep 2022 | 12:59 AM IST

Narendra Modi's nuclear power push gains traction as NTPC eyes new plants

A venture between NTPC Ltd. and India's monopoly nuclear developer is in advanced talks with the government to develop two 700-megawatt reactors in the central state of Madhya Pradesh

Narendra Modi's nuclear power push gains traction as NTPC eyes new plants
Updated On : 24 Aug 2022 | 8:13 AM IST

Stocks to watch: NDTV, RIL, Canara Bank, Tata Motors, NTPC, NHPC, Hindalco

Stocks to watch today: Adani Group plans to buy 29.18 per cent stake in NDTV; Canara Bank plans to raise up to Rs 3,500 crore via tier II bonds.

Stocks to watch: NDTV, RIL, Canara Bank, Tata Motors, NTPC, NHPC, Hindalco
Updated On : 24 Aug 2022 | 7:49 AM IST

NTPC to raise Rs 2,000 crore through issuance of non-convertible debentures

State-owned power giant NTPC will raise Rs 2,000 crore through issuance of non-convertible debentures on a private placement basis on Thursday. The proceeds will be utilised for, inter alia, funding of capital expenditure, refinancing of existing loans and other general corporate purposes, according to a regulatory filing. The company has decided to issue unsecured non-convertible debentures of Rs 2,000 crore on August 25, 2022, through private placement at a coupon of 7.44 per cent per annum with a door-to-door maturity of 10 years, it added. The debentures are proposed to be listed on NSE.

NTPC to raise Rs 2,000 crore through issuance of non-convertible debentures
Updated On : 23 Aug 2022 | 8:34 PM IST

Centre's plan on sale of RE power to states offers only a flickering hope

The power ministry's plan to become an intermediary in the sale of green power generation to states is only a limited solution to the larger problem facing state discoms

Centre's plan on sale of RE power to states offers only a flickering hope
Updated On : 21 Aug 2022 | 10:01 PM IST

NTPC starts capturing CO2 from flue gas stream at Vindhyachal plant

State-owned power giant NTPC on Friday said it has started capturing carbon dioxide (CO2) from the flue gas stream at its thermal plant in Vindhyachal. "As part of its commitment towards Net Zero by 2070, NTPC Ltd, India's largest integrated power company has captured its first CO2 on 15th August 2022 from flue gas stream of 500 MW coal based power plant (Unit-13) at Vindhyachal Super Thermal Power Station (VSTPS)," a company statement said. According to the statement, this plant is designed to capture 20 tonnes of CO2 every day. This initiative will pave the way for scaling up CO2 capture technology and greening the coal power generation. At the same location, NTPC is also setting up a green hydrogen generation plant, which will use Proton Exchange Membrane Electrolyzers to produce 2 tonnes per day of hydrogen. Subsequently, 20 tonnes per day of captured CO2 and 2 tonnes per day of hydrogen will be utilised to produce 10 tonnes per day of green methanol through a heterogeneous ...

NTPC starts capturing CO2 from flue gas stream at Vindhyachal plant
Updated On : 20 Aug 2022 | 12:40 AM IST

Adani Ent m-cap hits Rs 3.5 trillion, Adani Power m-cap set to surpass NTPC

AEL, Adani Power, Adani Green Energy, Adani Transmission, Adani Total Gas, Adani Wilmar and Adani Ports and SEZ surged up to 4 per cent, as against 0.18 per cent decline in the S&P BSE Sensex.

Adani Ent m-cap hits Rs 3.5 trillion, Adani Power m-cap set to surpass NTPC
Updated On : 18 Aug 2022 | 2:42 PM IST

Sensex surges 418 pts, ends above 60K; Bajaj twins, RIL top contributors

CLOSING BELL: Bajaj Finserv (up nearly 6 per cent), Bajaj Finance, HDFC Life, Hero MotoCorp, Hindalco, Tech M, Bharti Airtel, BPCL, and HCL Tech were the top large-cap gainers

Sensex surges 418 pts, ends above 60K; Bajaj twins, RIL top contributors
Updated On : 17 Aug 2022 | 3:34 PM IST

Stocks to Watch: Cipla, NTPC, Adani group, SBI Cards, Hind Zinc, Nxtdigital

Stocks to Watch: ICICI Securities, Axis Capital and Citigroup Global Markets are among the 5 investment bankers selected to manage the sale of the government's 29.53% residual stake in Hindustan Zinc

Stocks to Watch: Cipla, NTPC, Adani group, SBI Cards, Hind Zinc, Nxtdigital
Updated On : 17 Aug 2022 | 7:50 AM IST

NTPC floats tender to raise Rs 5,000-cr term loan, bids invited till Aug 31

"We hereby seek participation of Banks/FIs (Financial Institutions) for the subject RFP (Request For Proposal for raising Rs 5,000 crore term loan)," a document said.

NTPC floats tender to raise Rs 5,000-cr term loan, bids invited till Aug 31
Updated On : 16 Aug 2022 | 10:14 PM IST

More emissions reduction targets will help Indian fossil fuel giants: IEEFA

Global green capital presents a multi-billion-dollar opportunity for Indian power sector giants such as NTPC and Tata Power to fund their clean energy transitions.

More emissions reduction targets will help Indian fossil fuel giants: IEEFA
Updated On : 10 Aug 2022 | 11:24 AM IST

BSE, NSE to remain closed for trading today on account of Muharram

The official website, bseindia.com states that August 9 will be a market holiday, which would mean that there will be no trading in equity segment, equity derivative segment and SLB degment

BSE, NSE to remain closed for trading today on account of Muharram
Updated On : 09 Aug 2022 | 10:17 AM IST

NTPC seeks shareholders' nod to raise up to Rs 12,000 cr via bonds

The funds to be raised in one or more tranches (not exceeding 12) through private placement will be used as capital expenditure, working capital and for general corporate purposes

NTPC seeks shareholders' nod to raise up to Rs 12,000 cr via bonds
Updated On : 08 Aug 2022 | 11:58 PM IST

Centre revokes mandatory coal import target after many flip-flops

NTPC and Coal India had awarded import contracts to Adani

Centre revokes mandatory coal import target after many flip-flops
Updated On : 02 Aug 2022 | 11:34 PM IST

How CIL is chasing the monsoon to reduce coal supply disruptions

After long power outages owing to coal shortages over two years, the government and its principal producer have drawn up an integrated plan to preclude the annual seasonal supply dislocations

How CIL is chasing the monsoon to reduce coal supply disruptions
Updated On : 01 Aug 2022 | 10:00 PM IST

Stocks to Watch: YES Bank, Cipla, Bank of Baroda, Zomato, HDFC, ITC, NTPC

Stocks to Watch today: ITC, UPL, Zomato, Arvind, Bajaj Consumer Care, among others will release their Q1 earnings today.

Stocks to Watch: YES Bank, Cipla, Bank of Baroda, Zomato, HDFC, ITC, NTPC
Updated On : 01 Aug 2022 | 8:36 AM IST