Khadi and Village Industries Commission today said it has bagged a Rs 5.34 crore order from state-run National Thermal Power Corporation (NTPC).

"The power major has placed an order for 23,000 sleeveless jackets for its employees. The order would fetch KVIC a revenue of Rs 5.34 crore," KVIC said in a statement.

Investors have been uncharacteristically aloof to NTPC Ltd’s announcement that electricity generation grew 10% in the April-June quarter. It is the fastest quarterly growth the firm saw in almost two years. The growth supports the view that electricity consumption is in a recovery mode, with positive growth emerging from early this year. NTPC has 16% of India’s total installed power capacity.

NTPC, the largest power generating utility in the country, has commenced a socio-economic survey for its proposed expansion of the 3000 Mw super-thermal power station at Kaniha, near Talcher.

The power producer is adding 1600 Mw (2x800) at the Kaniha station as part of its Stage-III expansion. NTPC holds 110 acres north-east of Stage-II plant. The BTG (boiler turbine generator) block with gas insulated sub-station and all the auxiliaries can be accommodated in the existing vacant area. NTPC has proposed to install two cooling towers within the MGR (Merry Go Round) bulb.

The Sipat station of the National Thermal Power Corporation (NTPC) in Chhattisgarh’s Bilaspur district will produce lightweight aggregate from fly ash.

“The preparation of detailed project report (DPR) was in the final stage and the project for producing lightweight aggregate from the fly ash generated at the station would soon take shape,” Group General Manager of NTPC Sipat Asim Kumar Samanta said. It is a pilot project and will be completed within two years, he added.

About 30,000 villagers in Hazaribagh district in Jharkhand may lose their land if the National Thermal Power Corporation (NTPC) goes ahead with its plans to acquire nearly 17,000 acres for its coal mining project.

The project, which will affect about 32 villages in the Keredari and Barkagaon block, has met with strong opposition. Villagers alleged that the NTPC authorities had not discussed the issue with them and instead sent “agents” to strike a deal. The NTPC authorities denied the allegation.

Public sector power generator NTPC has made a saving of Rs 446 crore in energy bill in April this year despite recent increase in Clean Energy Cess on coal.

"In spite of recent increase in Clean Energy Cess on coal, a saving of Rs 446 crore has been made in monthly billing of equivalent quantity of energy supplied in the month of April 2016 as compared to that of last year," NTPC said in a statement.

Rating agency Fitch has affirmed 'BBB-' rating to NTPC, indicating a low default risk on debt.

"Fitch Ratings has affirmed NTPC Limited's long-term issuer default rating at BBB-. The outlook is stable," the agency said in a statement.

The state run NTPC, for the first time, has traded in un-requisitioned surplus (URS) power from four of its prominent thermal generating stations: Vidhyanchal, Unchahar, Rihand and Dadri Power at the Indian Energy Exchange (IEX). The trading took place as per the amendments to the National Tariff Policy (NTP) carried out in January 2016.

During June 4 and 12, NTPC's bid volume was of the order of 30,499 Mw/hr of which 2,743 Mw/hr was cleared at the IEX. The market clearing price was ranging between Rs 1.91 per unit and Rs 2.64 per unit.

Shares of electric utilities companies such as Tata Power Company (Rs 77), NTPC (Rs 152) and Power Grid Corporation of India (Rs 154) have hit their respective 52-week highs on the BSE in intra-day trade in an otherwise weak market.

These stocks were trading higher in the range of 1% to 2% as compared to 0.80% decline in the S&P BSE Sensex at 01:24 PM.

Shares of Bharat Forge were up over 2% at Rs 764 on the Bombay Stock Exchange after the company said that its joint venture with Alstom has received an order from NTPC.

Alstom Bharat Forge Power Pvt Ltd (ABFPPL), the joint venture company between GE and Bharat Forge Ltd., signed a contract worth $219 million (Rs 1,495 crore) approximately with NTPC Ltd, the company said in a release.

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