Page 19 - Ntpc

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

Solar projects awarded before customs duty change allowed cost pass-through

Change in law allowed for hike in GST rate too as project developers face cost hikes

Coal India, NTPC, Railways can help meet clean energy goals by 2050: Report

Three of India's biggest central state-owned enterprises, Coal India Limited, NTPC, and Indian Railways can help the country reach its climate goals while seizing a share of the clean energy market

NTPC pays final dividend of Rs 2,909 crore to shareholders for FY22

NTPC has paid a final dividend of Rs 2,908.99 crore for 2021-22 to its shareholders. The final dividend is 30 per cent of the paid-up equity share capital of the company, an NTPC statement said. With this, the total dividend paid for 2021-22 is Rs 6,787.67 crore, which is 42 per cent of the PAT (profit after tax) for last fiscal year.

Amid rising power demand; Adani Power, NTPC, Coal India look firm on charts

Among individual stocks, Coal India can surge up to 17%; Adani Power, Adani Transmission, NTPC and Tata Power are likely to gain in the range of 10-14 per cent.

NTPC to supply power generated from renewable sources to armed forces

State-run power giant NTPC has inked a pact to supply electricity generated from renewable sources to Military Engineering Services. This is the first ever agreement by the Indian armed forces for getting power supply from renewable energy sources, NTPC said in a statement. This will go towards the gradual decarbonization of the armed forces. Power Purchase Agreement for RE power from the NTPC Solapur and Power Uses Agreement for RE power from upcoming NTPC Khavda, was signed to this effect at Chandigarh by A K Srivastava, General Manager (Commercial), NTPC, Sunit Kumar, AGM (Commercial), NTPC REL and Maj Gen Ashok Kumar, DGW, the statement said.

India considers further coal imports as concern over energy supply grows

Stockpiles of the fossil fuel at power plants have fallen about 11% since mid-August, meaning utilities have an average of 10 days supply, well below required levels of more than three weeks

NTPC to buy Avantha's Jhabua Power, its first acquisition under the IBC

The estimated deal size is Rs 1,830 crore

Why are public sector companies unable to attract talent for higher posts

It is not just that state-owned company leadership are paid much less than what their smaller competitors are paid but their performance is not linked to rewards

Lack of photovoltaic modules slows down projects in solar power sector

Sources said leading project developers, including state-owned NTPC, were not getting enough domestic suppliers for their tenders to procure solar modules

NTPC registers 62% growth in coal production from its captive mines

The release said NTPC has taken various steps to augment the coal production from its coal mines

Demand uptick positive for NTPC, Coal India; price uptrend may continue

The Fuel Supply Agreement (FSA) realisation was Rs 1,443 per tonne and the e-auction realisation was Rs 4,340 per tonne

NTPC registers growth of 62% in coal output from captive mines in Apr-Aug

NTPC has registered a 62 per cent growth in coal production from its captive mines, the state-run power producer said on Friday. NTPC continues to demonstrate an increasing trend in coal production from its captive mines, a company statement said. The coal production in this fiscal till August 2022, was 7.36 MMT, posting a robust growth of 62 per cent when compared to 4.55 MMT achieved in the same period of the last year, it stated. With meticulous planning, resource mobilization, and regular monitoring, NTPC could achieve substantial growth even during the monsoon period, so far, and is hopeful of maintaining similar growth, it added. The coal dispatch from the NTPC's captive mines has been 7.52 MMT against 5.47 MMT in FY22 for the same period (April to August) registering a growth of 37 per cent. The NTPC has taken various steps to augment the coal production from its coal mines. The engagement of high-capacity dumpers as well as an increase in the existing fleet size of excav

NTPC Ltd receives 13 bids for minority stake sale in Green Energy arm

NTPC has doubled its plan for non-fossil fuel sources based power to 130 Gw by 2032 at an estimated investment of $30 billion

NTPC gains 4% as bids line up for minority stake sale in Green Energy arm

ArcelorMittal, Brookfield and Canada Pension Plan Investment Board were among over dozen entities that evinced interest to buy stake in green energy arm NTPC Green Energy (NGEL)

CPPIB, Petronas, Arcelormittal among 13 to bid for NTPC's green energy unit

The Canada Pension Plan Investment Board (CPPIB), Malaysian state-run Petronas and Arcelormittal SA are among the 13 bidders for a minority stake in the green energy unit of India's NTPC Ltd

Power exchanges clock growth despite pending discom dues worth Rs 1.32 trn

A third player starts operations, pointing to the potential of this nascent business

ArcelorMittal, CPPIB among bidders for stake in NTPC Green Energy

ArcelorMittal, Brookfield and Canada Pension Plan Investment Board are among over a dozen entities that have evinced interest in buying stake in NTPC Green Energy Ltd, according to sources. NTPC Green Energy Ltd (NGEL) is a wholly-owned subsidiary of state-owned power giant NTPC Ltd. The expression of interest (EoI) for stake sale of 5 to 10 per cent in NGEL was invited in June this year. "The NTPC has received 13 bids for divesting up to 5-10 per cent stake in the NGEL. The EoI for the stake was issued around June. The bidders include ArcelorMittal, Brookfield, and Canada Pension Plan Investment Board. The winners will be finalised by the end of the month (September)". NTPC expects the valuation of the NGEL to be around Rs 2,000 crore. The sources also informed that the IPO (initial public offer) planned for NGEL will now come in FY24 (next fiscal). The company has not decided yet on the quantum of stake to be offloaded eventually and is looking initially at a 5 to 10 per cent st