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National Thermal Power Corporation (NTPC) Related news
 
State-run National Thermal Power Corporation (NTPC), on Wednesday said its board has approved the proposal to increase the amount to be raised by issuing bonds in international markets to US $6 billion from US $4 billion.

"The Board of Directors, in its meeting held on April 19, 2017, has accorded approval for updating and upsizing the US $4 billion MTN (medium term note) programme up to US $6 billion for raising debt from international markets to part finance capital expenditure on new/ongoing projects, coal mining projects, renovation and modernisation of power stations and for other permissible end uses," it said in a BSE filing.


 
Shares of select central public sector enterprises (CPSEs) such as NLC India, NTPC, NHPC, Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) were down up to 4% on BSE in intra-day trade after the government invited law firms to act as legal advisers for divesting its shareholding in seven CPSEs.

Besides these five, the government intends to sell equity shares in seven firms including Steel Authority of India (SAIL) and Indian Oil Corporation (IOC), via an offer for sale (OFS).


 
The country’s largest power generating company NTPC, for the first time, reduced its coal consumption by as much as 5.5 per cent thereby reducing its fuel cost by Rs 1.65 per unit. But at the same time, increased its power sale to 250 billion units. As part of a reorientation to reduce costs but keep its revenues on a growth trajectory, the thermal behemoth is shifting gears across the board.

This resulted in NTPC clocking an average PLF of 78.59 per cent with its pithead plants running at around 83 per cent during the last financial year. This was when the national average PLF was hovering around 60 per cent. At the same time, it crossed the mark of 250 billion units of power sale in 2016-17.


 
NEW DELHI: State-owned power giant NTPC's joint venture BIFPCL has tied up funds to the tune of USD 1.6 billion to set up 1,320-mw Maitree Super Thermal Power Project in Bangladesh.

"We wish to inform that Bangladesh India Friendship Power Company (Pvt) (BIFPCL) achieved financial closure on April 10, 2017, to set up 1,320 mw (2x660 mw) coal based Maitree Super Thermal Power Project at Rampal in Bagerhat district of Khulna division, Bangladesh," NTPC said in a BSE filing today.


 
State-run NTPC has crossed the milestone of 50 GW power generation capacity which will help the country realise the goal of power for all. Lauding the company’s efforts, Power Minister Piyush Goyal tweeted, “Proud to announce that NTPC has crossed 50,000 MW of installed power generation capacity today. Another milestone towards 24X7 power for all.” According to a company statement, with commissioning of 500 MW unit at Unchahar in Uttar Pradesh, the total installed capacity of NTPC has increased to 50,498 MW. In FY17, NTPC’s annual generation topped 250 BU (billion units).

 
State-run power producer NTPC today said it has commissioned 55 mega watt (MW) of Bhadla Solar Power Project in Rajasthan. “We wish to inform that 55 MW of Bhadla Solar Power Project of NTPC Ltd has been commissioned. With this, the installed capacity of Bhadla Solar Power project has become 260 MW and that of NTPC’s solar power projects has become 620 MW,” NTPC said in a BSE filing.

 
As part of the plan to become India’s biggest renewable energy producer, National Thermal Power Corporation (NTPC) is looking at buying stake in government’s Miniratna company – SJVN Ltd.

SJVN is a joint venture of government of India and government of Himachal Pradesh to generate clean electricity through hydro and wind power projects. The central government holds 64.46% stake in the company, followed by 25.51% held by the government of Himachal Pradesh and the balance 10.03% by public.


 
State-run power giant NTPC has exceeded the target of generation capacity addition of 11,920 MW set for the 12th Plan (2012-17) by adding 12,840 MW.

NTPC Group's power generation capacity has increased to 49,943 MW so far in the plan period, which would end on March 31, 2017.


 
NEW DELHI: State-run power producer NTPC today said it has commissioned 20 mega watt (MW) of Bhadla Solar Power Project in Rajasthan.

"We wish to inform that 20 MW of Bhadla Solar Power Project has been commissioned. With this, the commissioned capacity of Bhadla Solar Power Project, NTPC and NTPC group, has become 205 MW, 41,927 MW and 48,893 MW respectively," NTPC said in a BSE filing.


 
State-run power giant NTPC has recorded highest ever annual cumulative gross power generation of 263.95 BU (billion unit) so far this fiscal surpassing the 262.42 BU achieved in the entire 2015-16. The power producer has registered an annual growth of 4.71 per cent over last year, an official said. NTPC pit head coal stations, having capacity of 25,840 MW, recorded day plant load factor (PFL) or capacity utilisation of 95.71 per cent on March 16, 2017 and cumulative monthly PLF of 91.4 per cent till date. As many as 29 units of NTPC coal plants have generated a PLF of more than 100 per cent on March 16, 2017.

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