NTPC Ltd said its tie-up with EDF or Électricité de France announced by the government yesterday is likely to help it expand globally, while also making Indian power market more efficient and carbon neutral. The deal was announced yesterday by the French Ambassador to India, Emmanuel Lenain. The French are keen to help Indian transition […]
Tata Power said it has won a Rs 488 cr order from Kerala State Electricity Board Ltd to put up a 110 megawatt solar power project in the southern Indian state. The power plant, which has the capacity to produce 110 million watts of electricity, is expected to generate about 274 million units of power […]
Tata Power said its solar unit has got a Rs 1,505 cr contract to set up a 250 megawatt solar power plant for India’s largest power producer NTPC. The contract, the biggest ever to be received by the company from an external customer, has to be completed in 20 months. With this order, the order […]
NTPC Ltd, formerly known as National Thermal Power Corporation, took another step in its journey towards reducing its dependence on coal-fired plants by signing an agreement to develop two hydropower stations with a combined capacity of 520 MW. The two projects, for which NTPC has signed agreements with the Himachal Pradesh government, can be classified […]
NTPC, India’s largest power producer by far, has invited expressions of interest worth thousands of crores of rupees for the supply of agricultural waste to 21 power plants across the country. NTPC will give a four-year assured off-take commitment. The proposals, invited on Dec 26, can potentially be a lucrative opportunity for entrepreneurs willing to […]
Heavy machinery maker Bharat Heavy Electricals Limited said it won four orders for emission control equipment from power producer NTPC, worth about Rs 2,900 cr, The orders involve the supply and installation of Flue Gas Desulphurization (FGD) systems for control of SOx emissions at NTPC’s producing stations at North Karanpura, Mauda Stage-I, Barh Stage-I and […]
NTPC, India’s biggest power producer, said it has taken a loan of Rs 5,000 cr from the State Bank of India to fund its capital expenditure. The loan is repayable over a period of 12 years. This is one of the first large corporate loans extended by Indian banks after the NPA crisis, in which […]
NTPC Ltd, the public sector power producer, will add 5,680 MW of power generation capacity this year and spend about Rs 22,300 cr on capital projects, the power ministry said. Out of the Rs 22,300 cr required for capital expenditure this year, Rs 12,468 cr will be borrowed and the remaining will be raised via […]
Government-controlled infrastructure equipment maker Bharat Heavy Electricals Limited (BHEL) said it has been awarded a Rs 137 cr renovation and modernisation order for a pollution control system at NTPC Ltd’s Ramagundam Super Thermal Power Station. The order is for the modernization of the plant’s electrostatic precipitator (ESP), a device that removes suspended dust particles from a […]
NTPC Ltd, India’s largest power producer, said it is raising $400 mln (Rs 2,600 cr) by selling dollar-denominated bonds that carry a 4.5% interest. The bonds were priced yesterday and the issue is now open, the company said. The notes will mature on March 19, 2028. Both the principal and interest payments will be made […]
NTPC Ltd, India’s largest power producer, has taken its total installed production capacity beyond the 51,000 MW mark with the addition of the 660 MW Solapur Super Thermal Power Project in Maharashtra. The total capacity of the NTPC Group has become 51410 MW, including 20 coal based, 7 gas based, 10 solar PV, one Hydro, […]
National Thermal Power Corporation said it has achieved, and exceeded, its target for the addition of power generation capacity in the 12th five-year plan by adding 1,070 MW today. Three new units were added today — one of 800 MW at Kudgi in Karnataka , a 250 MW unit at Bongaigaon in Assam and 20 […]
The amount of money estimated to be saved by power companies in India due to the rearrangement of coal supplies has risen to Rs 2,503.50 cr per year, according to power ministry sources. The program of swapping coal sources, known as ‘coal linkage rationalization’, is in its third phase. The first phase, which was carried out […]
NTPC Ltd said the Delhi Pollution Control Committee has given directions to keep all its units in Badarpur Thermal Power Station closed till January 31, 2017. The reason for the committees direction has not been disclosed by NTPC. However, the reason is likely to be concerns around poor air quality in Delhi. The plant was […]
NTPC, a power generation company, said its first hydro power project, the 800 MW Koldam Hydro Project in Himachal Pradesh, achieved more than its targeted power generation levels. The project, built on river Sutlej, began commercial operation in July last year. In the financial year 2015-16 it generated 1794.71 million units of electricity and in […]
NTPC announce today said that it has raised Rs 800 crore as through private placement of secured non-convertible debentures at a rate of 7.58% per annum. The debentures will have a maturity period os 10 years added the company. The fund will be utilized to finance capital expenditure and refinancing the debt requirements in […]
India’s largest power generation company NTPC reported a surge in its operating profit by 62.6% to Rs 3,815 crore to Rs 2345 crore due to increase in revenue and relatively slower increase in its expenses for the first quarter. However, the impact of higher taxes hit the net profit. Profit grew by 4.3% to Rs 2,340 crores from […]
The cost of production of electricity fell to Rs 3.04 per kWh during the period from April to June 2016 from Rs 3.19 during the same period last year, the government said. This is mainly on account of rationalization of freight charges for domestic coal and reduction of imports, the government said in a statement. The […]
Bharat Heavy Electricals Limited said it won an order worth around Rs 3,500 for the supply of two 800 MW boilers with supercritical parameters for Telangana Super Thermal Power Project (TnSTPP). The project is located within NTPC’s existing Ramagundam Power Station in Karimnagar district of Telangana. “The power generated from this plant will contribute substantially […]
The Chief Information Commissioner — the highest authority under India’s Right to Information law — has ruled that the bills submitted by a government official for getting travel allowance are not covered under privacy safeguards. Government officials are allowed to claim TA or travel allowance in lieu of expenses incurred while traveling on official business […]
