Page 36 - Ntpc

Discoms make a beeline for cheaper power supplied by NTPC under SCED

"A large number of discoms are availing benefit under the SCED system to get cheaper power supplies," a source said

NTPC to seek shareholder nod to raise Rs 15K crore, hike borrowing limit

The funds raised will be used for capex, working capital and general corporate purposes, an NTPC notice for annual general meeting (AGM) said

Four years on, auctioned coal mines still behind production target

After a Supreme Court judgment cancelled all coal mine allocations made over the past decade, the BJP-led central government held e-auction to reallocate them

NTPC aims peak capacity from Odisha's Dulanga coal block in two years

The coal block will feed state-owned NTPC's 1600 Mw super thermal power plant at Darlipalli near Sundargarh in Odisha.

Street plugs into NTPC, PowerGrid Corp despite structural challenges

Viewed as a play on yield, the two stocks are seen as safe bets amidst uncertainties

NTPC to expedite training of executives using machine learning, AI

Several senior executives would be retiring from the company, which has prompted NTPC to expedite training of mid-level executives using machine learning and artificial intelligence

NTPC net profit jumps 48.7% in March quarter amid fall in expenses

The company's total income slipped to Rs 22,545.61 crore in the March quarter from 23,617.83 crore year ago

NTPC tempers growth in coal-fired capacities, meets under 25% of FY19 goal

In 2018-19, the PSU major signalled intentions of abandoning coal-based projects amounting to 9.3 Gw in Andhra Pradesh, West Bengal and Odisha

NTPC raises $450 mn from foreign market to finance ongoing, new projects

State-run power giant NTPC Wednesday said it has raised USD 450 million (about Rs 3,105 crore) through five-year bond offering in the international market under its USD 6 billion (about Rs 41,400 crore) medium term notes (MTN) programme. NTPC had opened the issue of USD 450 million five-year bond offering in the international market on Tuesday, the company said in a statement. In terms of geographical distribution, Asia took the bulk of the subscription at 90 per cent (of the USD 450 million MTN), with supplemental demand of 10 per cent from Europe, Middle East & Africa and offshore US accounts, the statement said. The distribution of investors was well diversified as fund managers took 69 per cent of the subscription of the MTN issue, followed by banks with 22 per cent, insurance/pension with 8 per cent and PB (private banks)/others (wealth manager) with 1 per cent, it said. The company intends to use the proceeds of the issue to finance its ongoing and new power projects, coal ..

At 7.25 million tonnes, NTPC eyes 170% rise in FY19 captive coal production

However, at 7.25 million tonnes, the NTPC's captive coal production is still a fraction of its annual coal requirement of around 190 million tonnes

Profit upgrades for NTPC, Power Grid on new power tariffs regulations

Besides stable regulated returns, NTPC will get some respite on coal, O&M under-recoveries

2 yrs after workers death, NTPC admits to counterfeit pipes and their usage

In 2017, a worker was killed during an equipment test at NTPC's then under-construction Meja power plant in UP

NTPC to challenge Rs 2,000-crore arbitration award to Jindal ITF

NTPC would have to shell out around Rs 2,300 crore in the end going by the arbitration panel's decision, according to one of its lawyers

NTPC to invest Rs 10,300 cr in greenfield thermal and solar plants in UP

These include 1,600 Mw thermal unit in Sonebhadra district worth Rs 9,000 cr, two solar plants of 225 Mw and 25 Mw capacity at Kanpur and Auraiya districts respectively worth a combined Rs 1,300 cr

NTPC for single-window MSE registration to boost ease of doing business

As against the govt mandate for minimum 25% procurement from MSEs, NTPC has achieved 36% procurement from MSEs in the current fiscal till Nov 2018

NTPC wins 85 MW solar capacity in a reverse auction held by UP government

NTPC participated for 85 MW solar capacities and has won the entire capacity bid by it, at a levelised tariff of Rs 3.02/unit, applicable for 25 years

NTPC's September-quarter profit falls marginally, misses estimates

Analysts on average had expected a profit of Rs 25.78 billion, according to IBES data from Refinitiv

NTPC looks at innovative ways to increase renewable energy penetration

As tariff of solar and wind power have fallen below Rs 2.5 per unit last year, NTPC is hopeful of supplying cheaper power to its beneficiaries

NTPC to raise $150 mn in term loan to finance capital expenditure

The loan will be for a minimum term of 10 years, the company said in the offer document

NTPC prepares war chest to bid for stressed assets; shortlists 8-9 projects

A spike in power demand pushes the state-owned firm to ramp up capacity; shortlists eight to nine projects