Axis Bank, Barclays Bank, ICICI, MUFG, and Standard Chartered Bank were the bookrunners for the offering.
India’s largest power generating company, NTPC Ltd on Wednesday raised Rs 2000 crore through rupee denominated bonds or masala bonds. This forms part of NTPC’s $4 billion medium term note programme for funding its capital expenditure needs.
Tata Power, India’s largest integrated power company, announced that the Company’s generation crossed 51,000 Million Units (MUs) of power for the first time, collectively from all its power plants in the year 2016-2017.
Essar Power Limited has delivered a strong operational performance in FY 2016-17.While it generated 49% more power in the fiscal, the company also added 165 MW capacity to its portfolio by commissioning one unit each at its Paradip and Hazira plants.
From being a coal based generation company, today NTPC is generating power from all sources be it solar, wind, gas or hydro.
Mr Gurdeep Singh leads India’s largest power generation company, NTPC Ltd as its chairman and managing director. Just few days back, NTPC achieved a significant benchmark of becoming a 50,000 mega watt company. In an exclusive interview (his first after the landmark achievement of NTPC becoming a 50,000 mw plus company) to the Founder and Editor of EnergyInfraPost.com, Anupama Airy, Mr Singh spoke in detail about the company’s achievements so far and the plans ahead.
Team EnergyInfraPost Ratnagiri Gas and Power Projects Ltd (RGPPL) (or the erstwhile Dabhol Power Project) in Maharashtra has started supply 500 mw power to Railways, thanks to an agreement it signed recently with Railways for supply of 500 MW power to Railways at fixed price for five years starting from midnight of 31st March. “At […]
Recently, Union Minister of Finance, Defence and Corporate Affairs Arun Jaitley clearly emphasised his Government’s focus, which he said included two important areas including building infrastructure on war footing and substantial expenditure on development of rural India, where he mentioned that every village in India is electrified by 2018.
The government on Thursday crossed another important benchmark when it crossed the 13,000 mark in its attempts to electrify villages in rural India. With 13,002 out of 18,452 villages electrified as on March 30, 2017, the promise to provide ‘Power To All” seems a close reality now.
NTPC to replace polluting units with new ones which are highly efficient.
State-owned NTPC Ltd has decided to close down roughly 11,000 MW of old thermal plants which are polluting and causing distress in the local areas also and not good for the country, union minister of state for power, RE, coal and mines, Piyush Goyal said on Monday.
Over 30 crore energy efficient LED bulbs have already been distributed so far which includes 20 crore LED bulbs by the EESL under the government’s UJALA scheme and more than 10 crores by the private domestic LED companies.
Union minister of state for power, renewable energy, coal and mines, Piyush Goyal said on Monday that India was fast emerging as the LED capital of the world.
Confident that India will achieve 100% rural electrification by 2018, Finance Minister Arun Jaitely has proposed Rs 4,814 crore as part of budget allocation for government’s rural electrification program -under Deen Daya Upadhyayal Gram Jyoti Yojana meant for facilitating power to all rural homes.