Govt mulls merger of small power firms with NTPC, NHPC

Govt mulls merger of small power firms with NTPC, NHPC

Finance and power ministries are in advanced talks to merge smaller power companies with NTPC and NHPC, according to a report by ET NOW. Shares of NTPC were trading over 1 per cent down at Rs 122.80 after the report, while NHPC was trading 1 per cent up at Rs 23.80.

L&T bags order worth up to Rs 2,500 crore from NTPC

L&T bags order worth up to Rs 2,500 crore from NTPC

Engineering and manufacturing giant L&T Ltd today announced its power business has bagged a “significant” Engineering, Procurement and Construction order from NTPC to set up a Flue Gas Desulphurisation (FGD) system at Vindhyachal Super Thermal Power Station in Madhya Pradesh.

Govt cancels coal block jointly allocated to NTPC, JKSPDC

Govt cancels coal block jointly allocated to NTPC, JKSPDC

The central government has cancelled the joint allocation of a coal block in Odisha to state-owned NTPC and Jammu & Kashmir State Power Development Corporation. NTPC and Power Development Department, Jammu and Kashmir, had earlier requested the coal ministry for cancellation of the coal block.

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