Page 17 - Ntpc

JSPL, NTPC, Vedanta among 59 firms that submitted bids for 36 coal blocks

The government on Tuesday said that 59 companies, including JSPL, NTPC and Vedanta, have submitted bids for 36 coal blocks that were put up for sale under the commercial mines auction. A total of 96 bids were submitted for the coal blocks. "A total of 96 bids were received under two tranches of commercial coal mine auctions," the coal ministry said in a statement. This is the highest ever bids received since the launch of commercial coal mines auction in the year 2020, the ministry said, adding, a "total of six public sector companies had submitted the bids in the ongoing round of commercial coal mines' auction as well". "Under sixth tranche of auctions, a total of 86 bids both online and offline were received against 32 coal mines and three bids were received only offline but not online, and two or more bids have been received for 25 coal mines i.e. 79 bids (both online and offline) against 25 coal mines, and 7 coal mines have received single bids (both online and offline)," the

NTPC net profit up nearly 5% at Rs 4,854 crore in Q3 on higher revenue

State-owned power giant NTPC on Saturday reported a nearly 5 per cent rise in its consolidated net profit to Rs 4,854.36 crore for the December quarter, mainly due to higher revenue. The company's consolidated net profit was Rs 4,626.11 crore in the quarter ended December 31, 2021, as per a BSE filing. The total income rose to Rs 44,989.21 crore in the quarter from Rs 33,783.62 crore in the year-ago period. The Board of Directors also decided to pay an interim dividend at the rate of 42.50 per cent (Rs 4.25 per share) on the face value of paid-up equity shares of Rs 10 each for the financial year 2022-23. The average power tariff of the company during April-December 2022 stood at Rs 4.96 per unit compared to Rs 3.95 per unit a year ago. The plant load factor (PLF or capacity utilisation) of coal-based thermal power plants climbed to 68.85 per cent in the third quarter from 67.72 per cent. The imported coal supply rose to 1.57 MMT in the quarter from 0.52 MMT in the same period a

NTPC, Reliance, Adani top green hydrogen plays to bet on, say analysts

As per analysts, electrolyser manufacturers, fuel cell makers for non-emission vehicles, traditional players engaged in energy storage solutions or batter makers are among key beneficiaries

Dec traffic at major ports sails to highest in FY23, rises 10.4 per cent

Twelve major ports handled cargo of 69.5 million tonnes in December, which is highest during current fiscal year

Joshimath land subsidence not linked to tunneling, claim NTPC officers

NTPC's Additional GM Geology Bhuvnesh Kumar said that no blasting was being done in the tunnel currently and water has not filled in it either

No link between Hydropower projects and Joshimath subsidence: R K Singh

Power Minister R.K. Singh on Tuesday said that NTPC's Tapovan Vishnugad hydropower project has nothing to do with the land subsidence issue being faced in Uttarakhand's Joshimath town

Joshimath in focus, all you must know about Uttarakhand's Char Dham Yatra

While the challenge to rehabilitate and redevelop the town remains, some fear that with Joshimath, India will lose a key gateway to the Char Dham Yatra

NTPC's hydel project not linked to 'sinking' Joshimath, says PowerMin

The union power ministry has now come in support of its wholly owned power generator NTPC Ltd backing its claim that the hydropower project had no role in play in the cracks being witnessed

Joshimath Bachao Sangharsh Samiti blames NTPC for land subsidence

The JBSS has said that people continue to be in a state of panic after hundreds of houses, shops and other establishments were impacted by the land subsidence

Joshimath crisis: NTPC faces opposition as locals demand their exit

The locals consider the National Thermal Power Corporation (NTPC) responsible for the the constant threat of landslides being faced by them

NTPC produces 14.55 MT coal from captive mines in Apr-Dec 2022

State-owned NTPC on Tuesday said its coal production increased 51 per cent year-on-year from its captive mines to 14.55 million tonne (MT) in April-December 2022. The power giant had produced 9.65 MT of coal from its captive coal mines in the year-ago period, NTPC said in a statement. "Coal mining division of NTPC is maintaining its growth trajectory. NTPC surpassed its earlier record with coal production of 14.55 MT till December 2022 in this fiscal compared with 9.65 MT in the same period of the previous year," it added. The four operational coal mines -- Pakri-Barwadih (Jharkhand), Chatti-Bariatu (Jharkhand), Dulanga (Odisha) and Talaipalli (Chhattisgarh) -- have contributed to accomplish the highest-ever monthly coal production of 22.83 lakh tonnes in December 2022. In the third quarter, NTPC produced 5.79 MT of coal and dispatched 5.42 MT to its power plants. NTPC, under the Ministry of Power, is India's largest power-generating company.

Govt declares Joshimath as landslide, susbsidence zone; here's why

Many residents have also blamed state-owned NTPC's Tapovan Vishnugad Hydro Power Project for the incident

NTPC crosses 300 billion units electricity generation mark in FY23

State-owned power giant NTPC on Thursday crossed the 300 billion units (BU) mark of electricity generated during the current fiscal year. As of January 5, 2023, NTPC has recorded a PLF (plant load factor or capacity utilisation) of 73.7 per cent, compared to 68.5 per cent during the corresponding period in FY22, against the overall all India PLF of 63.27 per cent, a company statement said. The public sector undertaking has registered generation of 300 BU of electricity in 279 days, as of Thursday. The company achieved the 300 BU accomplishment a month before it had crossed the same mark in FY22, it added. In 2021-22, the company had crossed the 300 BU generation mark in 300 days on February 5. The company has recorded generation of 295.4 BU during April-December 2022, registering a growth of 11.6 per cent over the previous year. The NTPC group has installed capacity of 70,824 MW. Recently, the company crossed 3 GW of renewable energy capacity.

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