State-owned National Thermal Power Corporation (NTPC) has denied any plan to step into the 4,000-mega watt (MW) Tilaiya ultra mega power plant (UMPP) in Jharkhand after Reliance Power pulled out of the project citing undue delays in acquiring land for the project.

NTPC has clarified that it was not interested in taking over the project contrary to the prevailing “wrong impression that NTPC is very keen to step into the Tilaiya project”.

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.

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.

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.

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.

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.

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.

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.

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, 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.

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.