Page 32 - Ntpc

NTPC joins fray to buy RInfra's Delhi electricity distribution business

In a letter to the Delhi Electricity Regulatory Commission (DERC), NTPC said it was keen to buy 51 per cent stake in BSES Rajdhani Power and BSES Yamuna Power

NTPC to enter distribution space, eyes ADAG's two BSES discoms in Delhi

The ADAG has two discoms namely BSES Rajdhani Power Ltd (BRPL) and BSES Yamuna Power Ltd (BYPL)

NTPC to expand renewable energy business, forms joint venture with ONGC

With this tie-up, NTPC can achieve its ambitious target of 32 GW of renewable energy projects by 2032

Markets looking forward to bailout

But the currency could take a hit if rating agencies respond unfavourably

From Anaj Mandi to Vizag gas leak, industrial accidents that shook India

India has seen some horrible accidents in the past killing scores of people

Trading opportunity in energy sector

Traders can benefit from price volatility in the months to come

Indices keep rising on stimulus package hopes; IT, bank stocks spurt

The Sensex surged 483.53 points or 1.54% to close at 31,863.08, a six-week high. The Nifty advanced 126.60 points, or 1.38%, to settle at 9,313.90

Credit profile of Indian power utilities likely to remain steady: Fitch

This is despite cash collection delays amid Covid-19 pandemic, as favourable regulatory frameworks ensure stable operating profits, rating agency says

NTPC to raise Rs 4,374.10 crore via bonds to fund capex, refinance loans

The proceeds will be utilised for funding of capital expenditure, refinancing of existing loans and other general corporate purposes, the company said in a regulatory filing

Tata Power Solar bags 300 MW plant project from NTPC worth Rs 1,730 cr

With this project, the order book of Tata Power Solar stands at Rs 8,541 crore including external and internal orders.

Coronavirus shutdown puts Rs 15-trillion debt at risk, to impact finances

These 201 indebted firms paid Rs 1.1 trillion as interest in April-December 2019

NTPC readies its hospitals for Covid-19, offers them to state govts

According to the statement, as many as 121 beds, with all facilities, have been turned into isolation wards in these hospitals.

Govt raises Rs 11,500 cr from strategic sale of THDC, NEEPCO to NTPC

With this, the total disinvestment proceeds in the current financial year stand at over Rs 46,500 crore

NTPC concludes acquisition of govt's stake in THDC, NEEPCO at Rs 11,500 cr

The company informed the exchanges that it signed share purchase agreement on Wednesday to buy the government's entire 74.49 per cent stake of THDC for an aggregate consideration of Rs 7,500 crore

Post coronavirus lockdown, industrial demand for power plummets by 30%

An overall generation down by 3.6 per cent YoY in March 2020, creating financial problem for producers

NTPC, Power Grid earnings relatively immune to coronavirus spread

Having significant portion of regulated business, their earnings remain insulated and the two offer good dividend yield too

Centre allows time extension for solar projects facing supply disruption

Supply chain disruption due to Corona to be considered Force Majeure

Power demand shows signs of recovery as total generation rises by 11%

Feb recorded second straight month of demand uptick across the country

NTPC extends payment deadline of outstanding dues for discoms till March 17

State-owned power giant NTPC has decided to extend the deadline for defaulting discoms for making payment of outstanding dues till Tuesday next week, post which electricity supplies will be snapped. NTPC has given this breather to the defaulting discoms in view of Holi festival on Tuesday after some discoms assured that they will clear the dues. Later last month, the NTPC had given notices to these discoms for making payment of overdue outstanding amounts, saying that power supply would be cut on from midnight tonight. An outstanding becomes overdue after 60 days of rasing the bill against power supplied to a discoms or state. The gencos generally charge penal interest on these overdue amounts. According to the notices available on the company's portal, these defaulting discoms are in Uttar Pradesh, Telangana, Karnataka, Jammu & Kashmir, Delhi, Odisha, Bihar, Manipur, Mizoram, Kerala, Sikkim and Puducherry. "Due to mounting outstanding dues of around Rs 10,950 crore, the NTPC has

MNRE removes cap on bids for renewables, industry says decision ill-timed

Industry has been asking for removing caps when market conditions favoured higher tariffs; the govt's move comes when tariff has reduced