Proceeds from this would be used to pay higher dividend, depending on the profit recognised on such sale of assets or capital expenditure layout, the company said
The company had reported Rs 2,477.28 crore consolidated net profit in the corresponding quarter a year ago
NTPC had earlier said it has signed pacts with cab aggregators Ola, Lithium, Shuttl, Bikxie, Bounce, Electrie and Zoom Car for creation of public charging infrastructure for electric vehicles.
The stake sale would be only disinvestment proposal this year where a state-owned entity would pick up government equity in another public sector undertaking
Govt hopes non-tax revenue items, divestment can help it make up for some of tax shortfall in a slowing economy
Data from the National Power Portal shows that NTPC's 3000 Mw super thermal power plant (STPS) at Kaniha lacks even a day's stock
As part of its disinvestment drive, the central govt was planning to sell its stake in SJVN to NTPC.
The NBS will start a two-year post graduate business management diploma course at par with a masters of business administration
Though growth in regulated equity led by capacity expansions will drive earnings, coal supplies impacted by monsoon can lead to rise in under-recoveries during September quarter
Though growth in regulated equity led by capacity expansions will drive earnings, coal supplies impacted by monsoon can lead to rise in under-recoveries during September quarter
Govt-owned power generator saw its average nominal tariff rise marginally from Rs 3.30 to Rs 3.38 a unit between 2013-14 and 2018-19 even as Coal India post-tax coal prices rose at a 4.1% CAGR
Lead time for mine development, challenges in commercial mining are issues NTPC and private miners will have to overcome
Company blames Coal India and Centre's no-import policy
Plant runs at 41.5% efficiency, 3.3% higher than conventional super critical units, use less coal per Mw than conventional thermal power unit
If NTPC develops its own coal mining capability in the next 5-7 years, Coal India risks losing 100-120 million tonne (mt) of coal supply to NTPC, according to a Coal India official
Infrastructure major Larsen & Toubro (L&T) on Monday said its power business has bagged a "significant" order from NTPC to set up flue gas desulphurisation system at Vindhyachal Super Thermal Power Station in Madhya Pradesh. L&T has received engineering, procurement and construction (EPC) order to set up flue-gas desulphurisation (FGD) system at Vindhyachal Super Thermal Power Station at stage-I & II (6x210 mega watt (MW) & 2x500 MW, the company said in a BSE filing. This is in continuation to the order received for Stage III 0 IV (2x500 MW 0 2x500 MW) in September last year, it added. The company did not provide value of the contracts but said the orders fall under "significant" category which ranges between Rs 1,000 crore and Rs 2,500 crore as per its classification of contracts. L&T said installation of FGD systems in existing and upcoming thermal power plants has been made mandatory by the Ministry of Environment, Forest and Climate Change (MoEFCC), ...
The company in a public statement said the Union government has accepted the request of surrendering the mine
Company has identified a few locations already, is also exploring spot sales of solar power without getting into PPAs
Total income on a consolidated basis rose to Rs 26,272.24 crore in the said quarter from Rs 24,148.50 crore a year ago
Power production at the plant has dwindled to 1000 Mw against its capacity of 3000 Mw