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NTPC Limited Related news

NTPC's Lara project lands in trouble

NTPC's Lara project lands in trouble

The mega power project of the National Thermal Power Corporation (NTPC) coming up in Lara of Raigarh district had landed in trouble with people from nine villages resorting to agitation over rehabilitation.

Country's largest power producer, the NTPC is setting up a 5X800 MW Super thermal Power Project at Lara in Raigarh District of Chhattisgarh. The project is based on super critical technology. The coal requirement will be met from Talaipalli Coal Block of Mand Raigarh Coalfields.

NTPC ITI goes on stream in Chhattisgarh

NTPC ITI goes on stream in Chhattisgarh

The Industrial Training Institute (ITI) set up by country's largest power producer, National Thermal Power Corporation (NTPC), in Korba was inaugurated to start the academic activities from the coming session.

The ITI had been set up by the company in the vicinity of the NTPC Korba power station. Built over an area of 10 acres at Chorbhati village near Korba, the company took up the project as part of Community Development initiatives.

NTPC truce with squatters

NTPC truce with squatters

Hazaribagh, April 17: NTPC's plan to develop three coal blocks in Jharkhand, held up since 2005 because of violent land protests across Hazaribagh district, may finally see the light of day with the PSU coming to an understanding with local residents on compensation.

Today, National Thermal Power Corporation agreed to pay villagers, who have been farming illegally on government land and have been classified as "encroachers" by the district administration, to ensure that work could begin at the three coal blocks of Pankri Barwadih, Chatti Bariatu and Keredari.

Markets shrug off RBI neutral stance; L&T up 1%, NTPC up 3%

Markets shrug off RBI neutral stance; L&T up 1%, NTPC up 3%

Marginal recovery in rate sensitive shares in late trades helped markets recoup intra-day losses to finally end flat even as the Reserve Bank of India at its policy meet early today maintained status quo on key rates.

The 30-share Sensex ended up 12 points at 28,517 while the 50-share Nifty ended nearly unchanged at 8,660.

NTPC to bring down coal import bill to nil in 5 years

NTPC to bring down coal import bill to nil in 5 years

State-run NTPC is looking at bringing its coal import bill to 'zero' in the next five years and will rely on the fossil fuel made available by Coal India and the company's own mines.

The power major is one of the country's largest consumers of coal.

L&T bags Rs. 5,580 crore order from NTPC

L&T bags Rs. 5,580 crore order from NTPC

Infrastructure firm Larsen & Toubro has bagged a Rs 5,580—crore contract from state—run NTPC for setting up a thermal power project at Khargone in Madhya Pradesh.

“Larsen & Toubro (L&T) has secured a turnkey order from NTPC for setting up a 2x660 MW greenfield thermal power plant in Khargone district of Madhya Pradesh on EPC (engineering, procurement and construction) basis, ” the company said in a statement.

NTPC charged up for foreign foray

NTPC charged up for foreign foray

New Delhi, March 29: NTPC, the country's largest power utility, plans to set the ball rolling for its twin foreign forays - a 1,320MW power plant at Bagerhat in Bangladesh and a 500MW unit in Sri Lanka.

"We have been powering India's drive to growth and are now working to help drive Asia's growth. We intend to complete the Bagerhat plant by 2018 and will step up work on the Sampur coal project (Sri Lanka)," NTPC chairman Arup Roy Choudhury said in an interaction with The Telegraph.

Buy NTPC as govt restores de-allocated mines to firm

Buy NTPC as govt restores de-allocated mines to firm

Maintain buy on NTPC as the government allots previously de-allocated coal blocks to NTPC. We are reviewing our We maintain that NTPC should be able to achieve a 17%+ operating return on regulated equity (RoRE) under the new tariff regulations. At the current market price, the stock trades at FY16f 1.4x P/B (BPS of Rs 112.1) and 13.9x P/E (EPS of R11). As part of the ongoing coal block auctions/allotment, the government has notified the allotment of 37 coal blocks to central/state PSUs. While 43 coal blocks were envisaged to be allotted to central/state PSUs, the actual number is smaller.

NTPC issues largest ever bonus debentures worth Rs 10,307 cr

NTPC issues largest ever bonus debentures worth Rs 10,307 cr

NTPC, the state-owned thermal power generator, has issued bonus debentures of Rs 10,307 crore, the largest ever by any Indian company.

It is also the first public sector company to adopt this instrument to reward shareholders, said its executives.

NTPC nears 52-week high on fixing record date for bonus debentures

NTPC nears 52-week high on fixing record date for bonus debentures

NTPC has moved higher by 7% to Rs 165 on the National Stock Exchange (NSE) after the company announced that it has fixed March 23, 2015, as the record date for bonus debentures.

In December last year, the board of state-run NTPC had approved a scheme of arrangement for the issuance of secured, non-cumulative, non-convertible, redeemable, taxable fully paid-up bonus debentures of face value of Rs 12.50 each against each equity shares of Rs 10 held by its members by utilising its free reserves.

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