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NTPC to float tenders to meet FY19 capacity addition target
Posted on 20th April 2018
To meet its FY19 capacity addition target of 5,000 MW, state-owned power producer NTPC is coming up with tenders to build for more than 2,900 MW of generation units in this quarter. A top NTPC official said while tenders for two 660 MW units at its Talcher super-critical power plant are almost ready, the company is also planning to begin the tendering process for two 660 MW units at its Singrauli station and two 800 MW units at the Lara power plant.

NTPC’S FIRST WFGD UNIT COMPLETED
Posted on 12th April 2018
GE Power on Wednesday announced the completion of first turnkey full flow wet flue gas desulphurization (WFGD) unit at state power giant NTPC’s 500 MW Super Thermal Power project site in Vindhyachal, Madhya Pradesh.

The FGD installation at Vindhyachal is the first limestone-based WFGD commissioned in an NTPC power plant suitable for continuous operation at 500 MW unit for 100 per cent gas flow, a GE Power statement said.


Private power companies object to NTPC's sale of power in Bangladesh
Posted on 31st March 2018
Private power generating companies have objected to the sale of power by NTPC to Bangladesh, arguing that domestic coal supply via long-term agreements cannot be used to supply power to other countries.

In a letter to the secretary, Ministry of Power, the Association of Power Producers (APP), the representative body of private power companies, has said bids called by the Bangladesh Power Development Board (BPDB) specifically asked if the power supplied from India had the government’s consent to use domestic coal.


Private gencos question validity of NTPC-Bangladesh power supply deal
Posted on 30th March 2018
Independent power producers (IPPs) have asked the power ministry to clarify if fuel sourced from Coal India linkage or captive mines can be used to export power to neighbouring countries. In a letter, seen by FE, addressed to power secretary AK Bhalla, the association of power producers said since coal supply agreements and captive mines can only be used to supply to electricity distribution companies (discoms) under the existing policy framework, supplying power to Bangladesh using this coal would be “hampering domestic consumer interest”.

PFC, REC, NTPC could form joint venture to bid for stressed assets
Posted on 19th March 2018
Two leading public sector lenders in the power business and a state-owned power-generating giant are likely to come together and bid for stressed assets that will go through resolution under the Insolvency and Bankruptcy Code (IBC).

Power Finance Corporation (PFC), which has a considerable debt exposure to the sector; Rural Electrification Corporation, which lends to development power schemes; and maharatna public sector undertaking (PSU) NTPC are thinking of forming a company that will buy out power projects.


NTPC seeks tenders to up its renewable capacity six times
Posted on 14th March 2018
In a push to increase the share of green energy in its installed capacity, NTPC has recently come up with tenders for 4,750 MW of renewable power projects. Of this, 2,000 MW are for wind power projects, while the remaining capacity would be solar based. The projects would significantly enhance the largest thermal power producer’s renewable energy portfolio, which now has 870 MW of solar and 50 MW of wind power projects.

NTPC prices its dollar bonds at 170 bps over US T-yield to raise $400 m
Posted on 13th March 2018
NTPC has priced its 10-year dollar bonds at 170 basis points over the corresponding US Treasury yield to raise $400 million, investment bankers aware of the deal told FE. The initial price guidance on the bonds was 180 bps over the US Treasury, which got compressed by 10 basis points at the time of final pricing. The bonds are being issued in the Reg S format, which allows investors from Asia and Europe to participate.

NTPC ties up with IIM-A to set up full-fledged B-school
Posted on 7th March 2018
New Delhi: India’s largest power utility NTPC Ltd on Tuesday joined hands with Indian Institute of Management-Ahmedabad (IIM-A) to establish a management school in Noida near Delhi that would offer specialized courses on energy management and work as a policy think tank.

“We have bigger plans...it will be a full-fledged B-School with a specialized focus on energy sector - both fossil and renewables,” said Saptarshi Roy, director (human resource) at NTPC.


NTPC to commission 250 Mw Bongaigaon thermal power unit in Assam by June
Posted on 3rd March 2018
The country’s largest power producer, NTPC Ltd, plans to commission the 250 Mw Bongaigaon thermal power project (TPP) in Kokrajhar in Assam in the first quarter of the ensuing financial year.

Bongaigaon is the first NTPC project in the north-eastern region of 750 Mw capacity (3x250 Mw). Of the total capacity, 500 MW (2x250 Mw) is already generating power.


NTPC wins Bangla power tender
Posted on 14th February 2018
New Delhi: NTPC Ltd will supply 300 MW of power to Bangladesh for 15 years at an estimated tariff of Rs 3.42 per unit.

NTPC Vidyut Vyapar Nigam (NVVN), a subsidiary of the state-owned thermal power producer, has emerged as the lowest bidder for the tender floated by the, Bangladesh Power Development Board (BPDB).


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