A joint venture of state-run NTPC has decided to snap power supply to three states of Tamil Nadu, Karnataka and Telangana from its Vallure thermal station over non-payment of dues of Rs 1,388 crore.
Kick-starting the process of selling minority stake in seven PSUs including bluechips like IOC, SAIL and NTPC, which have the potential to collectively raise over Rs 34,000 crore, the government has begun scouting for merchant bankers.
The state-owned NTPC has managed to bring down its cost of electricity generation by an average 39.5 paise while for the Mauda project, it was a decline of Rs 1.65 per unit, mainly because of improvement in coal quality and supply.
Thermal power companies including NTPC, the biggest of the lot, would be paying less for their coal requirement this month onwards as the Coal Controller, after a mammoth exercise, has reassessed and downgraded quality of about 177 coal mines across the country, sources said.
Solar tariffs in India fell to yet another record low at the NTPC-conducted auction of 250 MW at the Kadapa Solar Park in Andhra Pradesh on Tuesday night.
In what has come as a shot in the arm for the Prime Minister Narendra Modi’s vision of providing 175 GW of power through renewable sources by 2022
Solar power tariff has hit a new low at Rs 3.15 levelised tariff in the reverse auction carried out for 250 Megawatt project at Kadapa in Andhra Pradesh.
Indian energy firms including NTPC, Adani Power, Reliance Power and Petronet LNG, on Monday signed pacts for multi-billion dollar projects in Bangladesh as the two neighbours seek to strengthen economic ties and boost trade
In November 2015, when the government announced the Ujwal DISCOM Assurance Yojana (UDAY) programme to turn around electricity distribution companies (discoms), there was little hope that it would alleviate the debt and operational burdens of the state electricity boards (SEBs).
With the commissioning of the first unit of 660 MW of Solapur Super Thermal Power Project in Maharashtra on Friday, the commissioned capacity of NTPC Group has become 51410 MW.