NTPC Ltd will call bids in a month to acquire hydropower plants of upto 1000-mw capacity, its chairman and managing director Gurdeep Singh said on Tuesday.
Considered as one of the worst industrial accidents in the country in the past many years, the sudden malfunctioning of the boiler of the 500MW unit at Unchahar thermal power plant has left the top management of India’s largest power generator, NTPC Limited, completely startled.
NTPC Ltd will take corrective actions – in design, construction, and operations – – related not only to the unit in Uttar Pradesh where an accident led to 32 deaths but in future units also, its chairman and managing director Gurdeep Singh said on Friday.
NTPC chairman Gurdeep Singh said Rs 3-3.20 a unit tariff for solar power may be the new normal and can be achieved without the support of “cheap funds or cheap panels“, which have been a concern for the industry.
NTPC is increasing its bets on solar power as tariffs keep falling on the back of decline in prices of cells and modules in the global market. The shift in business strategy of India’s largest coal-fired generator cannot be ignored.
NTPC, India’s largest thermal power generator, is hopeful on average tariff for solar plants falling to the extent that they would give a good run for money to coal-fired generating stations
Just clocking profits is not our prime motto, our main aim is to go on providing reliable, affordable and quality power to consumers, Gurdeep Singh, CMD, NTPC.
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.
NTPC-SAIL Power Company Ltd (NSPCL), a 50:50 joint venture of two Maharatna companies, NTPC Limited and Steel Authority of India Limited (SAIL)
India’s largest power generation company, NTPC Ltd. has paid an interim dividend of Rs. 2,152.07 crore, being 26.10% of the paid-up equity share capital of the Company for Financial Year 2016-17
The dividend payment is 4th highest among Public Sector Undertakings.
NTPC Limited paid a total dividend @ 33.5% of its paid-up capital for the financial year 2015-16, amounting to Rs. 2762.23 crore.