State-owned power major NTPC on Friday said its 250 mw unit of Barauni Thermal Power Station in Bihar will start commercial operation from March 1.

In a regulatory filing, NTPC said the 250 megawatt (mw) unit of Barauni Thermal Power Station Stage-II (2 x 250 MW) is declared on commercial operation with effect from March 1, this year.

Top Indian electricity generator NTPC has rejected the emissions-cutting technology of GE and other foreign firms for its coal-fired plants, documents show, shutting them out of an estimated $2 billion in orders.

Despite struggling with some of the world's worst air pollution levels, India has already pushed back a deadline to cut emission levels to up to 2022, after extensive lobbying by power producers who cited high costs and technical difficulties.

Power generation company NTPC on Saturday said it has signed a term loan agreement for Rs 5,000 crore was signed with State Bank of India (SBI).

The loan facility has been extended at an interest rate linked to 3-month MCLR (marginal cost of funds-based lending rate) of the bank and has a door-to-door tenure of 15 years, NTPC said in a statement.

NTPC’s invitation for bids for setting up 1,200 MW of solar generation units received a tepid response, with only one company winning bids for 300 MW. According to industry sources, Chinese government-backed TBEA Energy was the lowest bidder, quoting a tariff of Rs 2.63/unit. The company specialises in making power transformers.

The ceiling tariff for the auction was set at Rs 2.65/unit.

Over the past month, shares of NTPC Ltd have remained powerless, down about 7%. The company said last week that it added 1,320 megawatts (MW), which takes it closer to its annual capacity target of 5,000MW. The capacity additions augur well, though, and the firm’s regulated business model assures a fixed return on invested equity.

NTPC has recently commissioned the first unit (660MW) of its Khargone TPP (2x600MW). This plant is India’s first ultra-super-critical project with a station heat rate (SHR) of 2,070kcal/kWh. Notably, it is ~3% more efficient than the super critical ones given the higher steam parameters. Unit-1 is likely to commercialise soon, while unit-2 commissioning is scheduled for Jan’20. NTPC organised an analyst visit to this plant. Below are our key takeaways from it.

The power ministry has asked state-run NTPC to bid for potentially viable projects in the National Company Law Tribunal (NCLT) and acquire them if the prices are attractive.

Power minister RK Singh told FE that he had asked NTPC to take a look at all the plants undergoing the CIRP process. “I have asked them to identify the ones with good machinery,” Singh said.

New Delhi: As part of India’s energy security efforts, state-run companies present in the conventional power space such as NTPC Ltd, NLC India Ltd (earlier known as Neyveli Lignite Corp. Ltd) ,and Power Grid Corp. of India Ltd (PGCIL) are being roped in to build massive green energy parks.

State-run power giant NTPC has been allocated Badam coal block in Jharkhand by Ministry of Coal following the acquisition of Barauni thermal plant, an official said.

"The Ministry of Coal has transferred the Badam coal block, located in Jharkhand, to the NTPC Ltd, on September 2, 2019," a senior company official said. The Badam coal block was earlier allocated to Bihar State Power Generation Company Ltd (BSPGCL).

At its annual analyst meet, the NTPC top management exuded confidence about: Reversal of the CWIP ratio to 20% over the next three years (from 42% currently) led by higher capacity commercialisation; Rs 80,000 crore regulated equity by FY22E, implying a 15% CAGR; aggressive stance in adding renewable energy (RE) capacity under various modes (PPA, merchant, flexi generation, etc), which would earn at least regulated returns, if not higher; and ramping up captive coal mines and that higher ACQ would preclude fuel-based under-recovery.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.