Page 41 - Ntpc

Govt to sell 5% stake in NTPC at Rs 168/share today

The government will sell 5 per cent stake in the country's largest power producer NTPC at Rs 168 per share to raise about Rs 7,000 crore. The share sale through an offer for sale (OFS) will happen over two daysbeginning tomorrow, an official said here. NTPC shares closed 2.5 per cent higher on the BSE at Rs 173.55 apiece today. The official said the government will sell 5 per cent through OFS, with an option to retain another 5 per cent in case of over-subscription. The floor price of Rs 168 is at a discount of 3 per cent over today's closing stock price. The government has so far this fiscal raised over Rs 8,800 crore through disinvestment in six companies, including selling stake in L&T through Specified Undertaking of Unit Trust of India (SUUTI), and one share buyback. This is against Rs 72,500 crore targeted to be raised in 2017-18 through stake sale in PSUs. This includes Rs 46,500 crore from minority stake sale, Rs 15,000 crore from strategic disinvestment and Rs ..

NTPC to raise Rs 15,000 cr via bonds; seeks shareholder approval

Special resolution is listed on the agenda of the annual general meeting scheduled for September 20

NTPC set to retire 25 'veteran' power generating units

These units would soon turn older than 25 years and can't be retrofitted to meet new emission norms

NTPC plans to add 20 charging stations for electric vehicles soon

NTPC is planning to add 25,000 MW of solar capacity by 2025

NTPC Q1 PAT up 12% to Rs 2,618 cr

NTPC's profit after tax from continuing operations in the year-ago period was Rs 2,338.6 crore

NTPC Q1 net profit up 12%

The power firm PAT for the quarter increased to Rs 2,618.17 crore

NTPC signs Rs 6,608 crore loan agreement for 1,320 Mw power project in UP

To finance the capital expenditure of a 1,320 Mw power project in Uttar Pradesh

NTPC to invest $10 bn in coal power plants despite surplus, green concerns

The company has not made the investment public because it has not yet received government approval

NTPC eyes 3 million tonnes coal output this fiscal

NTPC made a debut in coal mining during the last fiscal.

NTPC at the forefront of India's role in global energy transition: IEEFA

The state-owned company has total installed generation capacity of 51,410 Mw

NTPC hits 50 GW generation mark

NTPC contributes nearly 24% of India's power generation

NTPC reduces coal use, fuel cost

Plant efficiency, coal usage & assorted financing key pivots for this reorientation

NTPC's Rs 2,000-cr Masala Bonds oversubscribed

It is the only state-owned company to tap Masala Bonds market twice

Dabhol impairment pulls NTPC's profit down 25%

The total revenue for FY17 was Rs 79,342.3 crore, up from Rs 72,009.2 crore in FY16

Stressed assets to be made national assets

Banks need assistance to complete projects that they have taken over

Questions for NTPC and Coal India

Even though demand for power is growing, around 240 mn Indians still have no access to electricity

NTPC installs electric vehicle charging stations in Delhi, Noida

The state-owned body will soon expand this initiative across NCR region

NTPC Q4 declines 25% to Rs 2,079 crore on one-off charge

The company said it incurred an impairment loss of Rs 783 crore in the Q4

NTPC raises Rs 2,000 crore via masala bonds for capital expenditure

NTPC has launched an issue of Rs 2,000 crore notes due 2022 priced on April 25

NTPC JV serves notices to power utilities over Rs 1,300 cr dues

BS ReporterHyderabad, 18 April: NTPC Tamilnadu Energy Company Limited(NTECL) has served notices to the power utilities of Tamil Nadu, Telangana and Karnataka for not paying power dues amounting to Rs 1,379.52 crore towards power supplied from 1,500-mw Vallur Thermal Power Project(VTPP) at Chennai. NTECL is a 50:50 joint venture between NTPC and the Tamil Nadu government's TANGEDCO.The joint venture company has threatened to stop supply and sell the power to the third parties from April 26, 2017 if the dues beyond 60 days were not paid immediately.NTECL has submitted multiple bills totalling Rs 1,156.15 crore between December 9, 2016 and April 9, 2017 to Tamil Nadu, which draws 70 percent of power from VTPP. Telangana and Karnataka power utilities owe Rs 134.15 crore and Rs 89.52 crore respectively during the same period, according to the notices.Meanwhile, the sources in NTPC revealed that Hubli Electric Power Supply Company Limited(HESCOM) has paid Rs 48.2 crore overdue amount in ...