Page 9 - Ntpc

PSUs rush to raise offshore debt for ongoing projects, retiring older loans

REC to raise $1.1 bn, NTPC and IRFC are raising $1.75 bn; Private sector companies led by Reliance Industries are also tapping international bond markets to raise funds

NTPC steps up coal imports, seeks to avoid power crunch later this year

The New Delhi-based company is aiming to secure cargoes starting from April, when power consumption in India typically surges on summer cooling demand

NTPC top biomass user in India, consumes 58,000 MT: Power Ministry

State-run power giant NTPC has emerged as the top biomass user, having co-fired about 58,000 MT of biomass, while tendering a total of 10.7 MMT over short-term and long-term basis, the power ministry said on Wednesday. As on date, approximately 59,000 metric tonnes (MT) of biomass has been co-fired in thermal power plants in the country, while tenders for 12 million metric tonnes (MMT) are at different stages of process for short-term & long-term duration, the ministry said in a statement. "The biomass co-fired in the NCR (national capital) region stands at 21,000 MT and tenders floated in the region are about 5.50 MMT. Contracts have already been awarded for more than 11 lakh MT of biomass pellets," it added. Elaborating the progress of national biomass mission, SAMARTH (Sustainable Agrarian Mission on use of Agro Residue in Thermal Power Plants), the ministry said, among the state governments, Haryana State Genco has been able to co-fire around 550 MT of biomass in two of its ...

NTPC steps up coal imports, seeks to avoid power crunch later this year

Indian power producers are returning to the seaborne coal market as they rebuild stockpiles after last year's energy crisis.

NTPC to raise $750 mn via ECB term loan for expansion in RE, coal mining

The loan shall be unsecured, without any guarantee or letter of comfort from Govt of India

NTPC plans to raise up to Rs 5,570 crore via external commercial borrowing

State-owned NTPC has invited a request for proposal (RFP) for raising up to USD 750 million (around Rs 5,570 crore) via ECB to fund its power projects, including renewable energy. "NTPC Ltd is looking to raise external commercial borrowing (ECB) in the form of term loan amounting to USD 500 million plus green shoe option of USD 250 million... accordingly it is requested to quote unconditional and firm rate for raising ECB," the RFP document floated by NTPC on Monday stated. According to the document, the proceeds of the loan shall be utilised towards capital expenditure for ongoing/new capacity addition programme including renewable energy projects, coal mining & washeries, refinancing of existing ECBs/rupee loans availed domestically for capex etc. Last date for submitting bids is January 31, 2022 (by 1500 hrs). The bids will be opened on January 31, 2022 (1515 hrs).

Adani Enterprises says won tender to supply imported coal to NTPC

Gautam Adani's port-to-energy conglomerate said it had won a contract to supply imported coal to state-owned electricity generator NTPC

5% GST on electricity may cause Rs 5,700-crore loss to states, Centre

Power cost may fall for industrial consumers, says NTPC-commissioned report

NTPC plans to acquire 5% equity in Power Exchange of India

State-run power giant NTPC is mulling acquiring 5 per cent equity stake in Power Exchange of India Ltd (PXIL) that provides various electricity trading options, a senior official said.

NTPC's 49.92 MW solar capacity begins commercial operations on Thursday

The power producer said its solar energy capacity at Jaisalmer has begun operations on Thursday

NTPC arm to float global tender to set up Rs 15k-cr 3 GW RE project by Feb

The development assumes significance given India's ambitious target of having 175GW of renewable energy by 2022, including 100GW of solar and 60 GW of wind energy

NTPC board okays discontinuation of Muzaffarpur Thermal Power Station

The power major on Thursday said its board has approved the proposal

Market wrap: Sensex, Nifty end flat; BSE IT index hits all-time high

Reliance, Tata Steel decline; NTPC gains 3% on plans to sell stake in newly formed renewable energy arm

NTPC gains 2% on plans to sell stake in newly formed renewable energy arm

The stock so far has been an underperformer for the month and quarter when compared with the BSE benchmark.

Renewable energy unit's valuations may rub off on NTPC stock

Energy conglomerate looking for strategic investors; plans to list subsidiary

NTPC to cut stake in renewable energy arm, hunt for strategic investors

Plans to list NREL next FY, hold global roadshows for strategic investors

Top headlines: NTPC to cut stake in RE arm; DDMA urged to ease Covid norms

Business Standard brings you the top headlines on Wednesday

NTPC receives Rs 135 cr interim dividend from JV firm

State-owned NTPC Limited on Wednesday said it has received around Rs 135 crore as interim dividend from a joint venture company.

NTPC plans to rope in strategic investor for its clean energy arm NREL

State-run power giant NTPC plans to rope in a strategic investor for its clean energy arm NTPC Renewable Energy Ltd ahead of its listing on bourses in October 2022, according to a senior official

NTPC awards India's first green hydrogen-based microgrid project

Govt says it would be useful for studying and deploying multiple microgrids in various off grid and strategic locations of the country