Page 40 - Ntpc

NTPC banks on renewable energy generation to minimise stranded asset risk

NTPC Ltd, the largest power producer, is looking to minimize its stranded asset risk while accelerating the integration of renewable energy generation capacity. The strategy is a win win for NTPC shareholders, the government, electricity consumers, distribution companies (discoms) and the environment, says a report by US-based Institute for Energy Economics & Financial Analysis (IEEFA).NTPC has agreed to share the fuel savings with the relevant discoms, providing the maharatna company with enhanced overall returns and consumers with progressively lower cost electricity. The power giant already has some of the lowest cost and highest utilisation coal plants in the country such that it generates one of the highest returns on investment despite low average wholesale tariffs."Finally, in what may be a global first, NTPC Ltd is planning an auction for two GW of new wind and solar projects with the object of blending renewable electricity generation into its existing coal-fired power ...

Private power companies object to NTPC's sale of power in Bangladesh

The largest thermal power producer, NTPC won the bid by beating three players -- Adani Power, Semcorp and PTC

NTPC raises $400 mn through medium term note from international markets

State-owned power giant NTPC today said it has raised USD 400 million through issuance of medium term note in the international markets on March 12. This is the ninth offering under the company's USD 6 billion Medium Term Note (MTN) programme since it was set up in 2006, taking the cumulative amount raised under the programme to USD 3.85 billion, NTPC said in a statement. According to the statement, having updated the MTN programme in December 2016, NTPC was well positioned to take advantage of a supportive primary credit market and launched a benchmark size, senior, unsecured, fixed rate 10 year bond transaction with an initial price guidance of US Treasuries (UST) plus 180 basis point area on March 12 (Asia open). The offering was met with strong demand and the transaction was oversubscribed within 4 hours of bookbuilding. In terms of geographical distribution, Asia took the bulk of the transaction at 79 per cent, with supplemental demand from Europe, Middle East & Africa (EMEA)

NTPC to take over Kanti, Nabinagar JV plants for Rs 30 bn in Bihar

State-run power giant NTPC is likely to finalise the acquisition of entire stake of Bihar State Power Holding Company Ltd (BSPHC) in its two JV plants at Nabinagar and Kanti for around Rs 3,000 crore in a month. "The negotiation is in advance stages. NTPC will acquire entire stake of BSPHC, erstwhile Bihar State Electricity Board (BSEB), in Kanti and Nabinagar plants for around Rs 3,000 crore in a month," a source said. Earlier the Bihar political leadership has spoken many times about their intend to sell the BSPHC stake in the Nabinagar and Kanti power plants to NTPC. Kanti Bijlee Utpadan Nigam, (formerly known as Vaishali Power Generating Company Ltd) was incorporated on September 6, 2006, with NTPC contributing 51 per cent of equity. The BSEB has the remaining equity in the joint venture which was renamed as Kanti Bijlee Utpadan Nigam on April 10, 2008. Present equity holding of NTPC is 64.57 per cent & BSEB is 35.43 per cent. It has 610 MW installed power generation ...

NTPC to start ops at 1,600 Mw coal-based power plant in Odisha by 2019

TTPS was taken over by NTPC Ltd from Odisha State Electricity Board in 1995

NTPC eyes 100% equity in some joint venture projects with utilities

Sources meanwhile indicated that NTPC could be in talks with Bihar utilities for two joint venture projects at Kanti and Nabinagar

NTPC takes pause on Kaniha expansion as renewables demand grow

NTPC intended to add two supercritical units of 800 Mw each to its existing super thermal power station at Kaniha, one of the largest in the country

State Bank of India and Jaypee put bids to sell power projects to NTPC

In the past five years, except two state distribution companies, none have floated tenders for additional power procurement

NTPC lists $6-billion MTN at India INX to raise funds from investors

Company officials said the listing will help NTPC raise funds at lower costs from international investors

Fulfilled all land compensation commitments for Gadarwara project: NTPC

The project-affected farmers have been agitating demanding jobs in the central PSU

NTPC Group's capacity to cross 51 GW mark with operations of Kudgi project

NTPC and NTPC Group would reach 1,600 MW, 44,492 MW and 51,383 MW, respectively

Power ministry suspends NTPC director Kulamani Biswal

Earlier this month, the CBI had booked Biswal, along with two others, in connection with a case pertaining to corruption

NTPC to buy stressed power units via reverse bidding

Central government earlier this year had already initiated the exercise to resolve the issues close to 25,000 Mw of stressed power units, which are on the verge of converting to non-performing assets

NTPC to float tender for buying farm stubble at Rs 5,500 per tonnes

A large number of farmers particularly in Punjab and Haryana are burning the farm stubble/straw, which causes air pollution

NTPC blast toll rises to 30, over 100 injured: top 10 developments

On Wednesday, a newly commissioned 500 Mw power generating unit in Unchahar near Lucknow in UP witnessed an explosion

Haven't given any job to Akhlaq lynching accused, says NTPC

NTPC also said that under its corporate social responsibility policy, it is committed for the upliftment and development of the nearby communities of its plant

Power push: NTPC, Power Grid top picks

Timely execution and ability of discoms to provide uninterrupted power hold key for demand

NTPC's commercial power generation capacity to cross 50 GW

Earlier this week, its 40 MW out of 50 MW of Rojmal Wind Energy Project in Gujarat was commissioned

NTPC offers 27.4 mn equity shares to employees at Rs 159.60 per scrip

Discounted price was fixed after factoring in 5% discount to the cut off price of Rs 168

NTPC slips 4% as govt to sell up to 10% stake via OFS

The share sale through an offer for sale (OFS) will happen over two days beginning today