Page 18 - Ntpc

Tandwa plant of NTPC to start power generation after 23-year wait

The National Thermal Power Corporation's (NTPC) North Karanpura power plant will start power generation after a long wait of 23 years

Stocks to Watch: IRFC, Airtel, Jubilant Food, Delhivery, CBI, KP Energy

Stocks to Watch Today: Dabur India promoters, the Burman family, sold 1 per cent stake in the company through a block deal on Tuesday.

NTPC Group crosses 3GW of operational renewable energy capacity

State-owned power giant NTPC on Tuesday said that the NTPC Group including joint ventures and arms crossed 3GW of operational renewable energy (RE) capacity. The NTPC Group achieved this milestone with commissioning of first part capacity of 100 MW out of 300 MW Nokhra Solar PV Project at Bikaner, Rajasthan from 00:00 hours of December 20, 2022, a company statement said. NTPC group had crossed 2 GW on June 24 this year with the commissioning of its 92 MW floating solar project at Kayamkulam, Kerala. The company now has 36 operational RE projects spread across 12 states with a cumulative capacity of 3,094 MW. The capacity includes the largest floating solar portfolio of 262 MW in the country with two largest floating solar PV (FSPV) projects located at Ramagundam in Telangana and Kaymkulam in Kerala. NTPC has added 1,242 MW of renewable energy capacity in the current fiscal. As on date, a total of 4.8 GW capacity is under different stages of implementation and another 7.3 GW is un

NGT directs NTPC to comply with environmental norms at its Bilaspur plant

The National Green Tribunal (NGT) has directed NTPC Limited to take steps such as developing avenue plantation, preparing a time-bound plan for disposal of ash and identifying land for afforestation to comply with environmental norms at its plant in Bilaspur in Chhattisgarh. The requisite steps to be taken by NTPC were recommended by an oversight committee comprising the Central Pollution Control Board (CPCB) and the Union Ministry of Environment, Forests and Climate Change (MoEF&CC), which was earlier constituted by the tribunal to verify the facts. The committee filed a compliance status report on August 16. "In view of the report, the only further direction of the tribunal required is that NTPC may take necessary steps in the light of observations in the report, including developing avenue plantation, obtaining further direction from MoEF&CC regarding EC conditions, preparing time-bound plan for disposal of ash and identifying land outside the project for afforestation, a ..

Stocks to watch: Bharti Airtel, Poonawalla Fincorp, M&M, SBI, Wipro, NTPC

Stocks to watch today: M&M will invest Rs 10,000 crore to set up an electric vehicle (EV) manufacturing facility in Pune; Bharti Airtel launched 5G Plus services at no-extra cost in Lucknow

Power producer NTPC to sell stake in green energy business: Sources

The deal marks the first green transaction by an Indian state company, which has drawn interest from investors, such as Canada Pension Plan Investment Board (CPPIB), Malaysia's Petronas and Brookfield

State-run NTPC to raise Rs 500 crore via non-convertible debentures

State-run power giant NTPC will raise Rs 500 crore through the issuance of non-convertible debentures on a private placement on Friday. "NTPC has decided to issue unsecured non-convertible debentures of Rs 500 crore on December 16, 2022, through private placement at a coupon of 7.44 per cent per annum with a door to door maturity of 10 years 3 months 30 days on April 15, 2033," a BSE filing stated. The proceeds will be utilized for, inter alia, funding of capital expenditure, refinancing of existing loans and other general corporate purposes, it stated. The debentures are proposed to be listed on BSE. Debenture Trust Deed will be duly executed as per the requirements of and within the period of time prescribed under the Companies Act and rules specified therein. These debentures are being issued under the recommendation of board resolution dated July 29, 2022 and subsequent approval obtained through shareholders' resolution dated August 30, 2022. This is the first issue of debentu

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Stocks to watch today: Jaiprakash Associates has called a board meeting on Monday, December 12, to mull over sale of their Nilgrie cement unit in Madhya Pradesh

Peaking gas and power units to run under special scheme next summer

Move aimed at handling peak demand, NTPC-GAIL to ink pact, PowerMin to fund the scheme

NTPC declares commercial operation at Ettayapuram Solar PV project in TN

State-owned NTPC Ltd has commenced the commercial operation of its solar photo-voltaic project in Tamil Nadu. With this, the standalone installed and commercial capacity of NTPC Ltd has become 57,801.27 MW while the group installed capacity grew to 70,416.27 MW, the company said on Saturday. According to the company, the 230MW Ettayapuram solar PV project is being developed under the Central Public Sector Undertaking (CPSU) scheme Phase-II Tranche-I of the Ministry of New and Renewable Energy. The project was won by NTPC through the Viability Gap Funding based competitive bidding done by Solar Energy Corporation of India Ltd in 2019. It is developed through Larsen and Toubro under EPC, NTPC Renewable Energy Ltd said on its website. "Consequent to successful commissioning, first part capacity of 162.27 MW out of the 230 MW Ettayapuram Solar PV project at Tamil Nadu is declared on commercial operation with effect from 12 noon, December 12," NTPC said in a BSE filing on Saturday. As

Capex by CPSEs accelerates to 60% of annual target during Apr-Nov period

CPSEs are likely to achieve their target as they tend to rush up their spending in March quarter

Power giant NTPC plans nuclear expansion as India chases climate goals

The state-run company aims to install 20 to 30 gigawatts of nuclear capacity by 2040

NTPC, Tata Motors: Analysts bet on renewable energy stocks for long-haul

Analysts see the renewable energy sector as a long-term structural play given the growing climate awareness and the government's efforts towards adoption of green energy sources

Govt proposes pool of old thermal power units to balance more renewable

Pool to address grid balancing concern as states relinquish costly thermal power to procure more RE

NTPC surges over 4% on heavy volumes; stock nears 5-year high

With strong focus on alternate energy spectrum, analysts at ICICI Securities believe NTPC may be able to break the underperformance of the last decade

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Stocks to Watch today: Reliance Strategic Business Ventures Ltd (RSBVL), a wholly owned subsidiary of Reliance Industries Ltd (RIL), has acquired an additional stake in skyTran Inc for Rs 123.4 crore

NTPC Q2 net profit dips over 7% to Rs 3,418 cr on back of higher expenses

State-run power giant NTPC on Saturday reported an over 7 per cent dip in its consolidated net profit at Rs 3,417.67 crore for the September quarter, mainly due to higher expenses. The consolidated net profit of the company stood at Rs 3,690.95 crore in the quarter ended September 30, 2021, it said in a BSE filing. Total income rose to Rs 44,681.50 crore in the quarter from Rs 33,095.67 crore in the year-ago period. Total expenses jumped to Rs 40,000.99 crore in the second quarter of this fiscal from Rs 28,949.53 crore earlier. Average power tariff of the company during April to September this year was at Rs 4.77 per unit, compared to Rs 3.86 per unit in the same period in 2021. Plant load factor (PLF or capacity utilisation) of coal-based thermal power plants climbed to 74.08 per cent in the second quarter from 69.29 per cent. The imported coal supply rose to 5.58 MMT from 0.42 MMT in the same period a year ago. The domestic coal supply also increased to 48.72 MMT from 44.83 ..

Hitachi Energy to supply transformers for NTPC renewable energy park

The NTPC REL facility in Kutch produce electricity to support 8 million people

NTPC ropes in GE Gas Power to reduce CO2 emissions at plants in Gujarat

State-owned NTPC has roped in GE Gas Power to help it reduce carbon emissions at its 645 MW Kawas gas power plant in Gujarat. Both companies have entered into a Memorandum of Understanding (MoU) in this regard. "MoU is to demonstrate the feasibility for hydrogen (H2) co-firing blended with natural gas in GE's 9E gas turbines installed at NTPC's Kawas combined-cycle gas power plant in Gujarat...and further implementation at scale across NTPC's installed units in India," GE Gas Power said in a statement. NTPC's MW Kawas gas power plant is powered by four GE 9E gas turbines operating in a combined-cycle mode and has an installed capacity of 645 megawatt. Under this pact, GE Gas Power will evaluate the possible modifications to the gas turbine unit and auxiliaries required for blending of H2 with natural gas. Thereafter, a pilot project for 5 per cent co-firing of hydrogen may be implemented at the Kawas gas power plant in a safe environment based on the feasibility report. NTPC will

NTPC clocks 15.1% growth at 203.5 bn units in power generation in Apr-Sep

State-run power giant NTPC said it has logged 15.1 per growth in power generation at 203.5 billion units (BU) during April-September 2022. The high generation growth indicates improved performance and an increase in demand for power in the current year, it added. "NTPC group companies recorded a generation of 203.5 BU from April to September 2022, registering an increase of 15.1% from 176.8 BU generated in April to September 2021," the company said in a statement. NTPC Rihand (3,000 MW) in Uttar Pradesh was the top performing thermal power plant with 90.22 per cent Plant Load Factor (PLF or capacity utilisation) between April to September 2022. Overall PLF of NTPC coal stations stood at 76.3 per cent in the period under review. The total installed capacity of NTPC is 70,234 MW. NTPC is expanding its footprint in new business areas like green hydrogen, waste-to-energy and e-mobility. India's largest power producer is also aiming for a 10 per cent reduction in net energy intensity b