Tag: NTPC
9 Results
-
‘India’s thermal plants may become economically unviable’
India's ultra thermal plants, designed to run on foreign coal, may no longer afford to do so economically in the future, says a top financial analyst with a leading US-based institute. This can be seen in the case of India's two largest thermal power projects in Gujarat's port town of Mundra — Adani Power's 4.6...
June 26, 2017 -
Long associated with coal, NTPC seen as key to clean energy thrust
The state-owned conglomerate NTPC Ltd-long associated with coal-fired power generation-is poised to facilitate India's bid to achieve its ambitious national renewable energy targets. This, at a time overseas investors are seeking more opportunities in the country's renewable projects. "Despite its deep historical connection to coal-fired electricity generation technology, NTPC has recently moved to the forefront...
May 26, 2017 -
Piyush Goyal visiting Austria, Britain for energy dialogue
Power Minister Piyush Goyal is visiting Austria and Britain from 10 May to 13 May to hold a energy dialogue, said an official statement. On 10 May, Goyal will participate in investors meet organised by Federation of Indian Chambers of Commerce and Industry (FICCI) and Austrian Federal Economic Chamber in Vienna. "The Minister will deliver...
May 10, 2017 -
NTPC board approves plan to raise $6 billion via bonds
State-run NTPC on Thursday said its board has approved the proposal to increase the amount to be raised by issuing bonds in international markets to $6 billion from $4 billion. "The Board of Directors, in its meeting held on April 19, 2017, has accorded approval for updating and upsizing the $4 billion MTN (medium term note) programme up to...
April 20, 2017 -
NTPC power generation cost drops 39.5 paise to below Rs.2 per unit
The state-owned NTPC has managed to bring down its cost of electricity generation by an average 39.5 paise while for the Mauda project, it was a decline of Rs 1.65 per unit, mainly because of improvement in coal quality and supply. Data available with NTPC showed that the overall cost of power generation has come...
April 17, 2017 -
NTPC arm ties up $1.6 bn for Maitree plant in Bangladesh
State-owned power giant NTPC's joint venture BIFPCL has tied up funds to the tune of $1.6 billion to set up 1,320 MW Maitree Super Thermal Power Project in Bangladesh. “We wish to inform that Bangladesh India Friendship Power Company (Pvt) (BIFPCL) achieved financial closure on April 10, 2017, to set up 1,320 MW (2×660 mw)...
April 11, 2017 -
NTPC okays Rs.3,000-cr investment for Talaipalli Coal Mining Project
State-run power giant NTPC on Tuesday said its board has approved investment of Rs.3,004 crore for Talaipalli Coal Mining Project which has an estimated 18 million tonnes per annum capacity in Chhattisgarh. "In line with the Corporate Disclosure requirements, we wish to inform that the Board of Directors of the Company has accorded investment approval...
March 28, 2017 -
NTPC commissions 45 MW capacity at Rajasthan solar project
Delhi-run giant power company NTPC on Wednesday announced commissioning of 45 MW solar capacity at Bhadla in Rajasthan taking the total installed capacity of the project to 160 MW. "The 45 MW of Bhadla solar power project of NTPC in Rajasthan has been commissioned today. With this, the installed capacity of Bhadla solar power project...
March 8, 2017 -
Coal shortage, procurement woes cost NTPC Rs.11k Cr in 2010-16
Comptroller and auditor general of India (CAG) has found that state-run NTPC shelled out an additional Rs.6,869.95 crore during 2010-16 for procuring domestic coal and missed out on garnering Rs.4,299.80 crore in revenues due to outages at power plants on account of fuel shortage. Together, it costed the company close to Rs.11,000 crore during 2010-16,...
February 5, 2017