Coal supply shortage continues to haunt NTPC, the country’s largest power generator, with latest government data showing 31% of the company’s coal-based capacity is running with ‘hand to mouth’ coal stock.
Ten power plants run by NTPC face a fuel crisis as fuel stocks have been reduced to zero and inventories won’t’ last another other day, as reported by The Economic Times (ET). NTPC (National Thermal Power Corporation),
The National Thermal Power Corporation (NTPC) has tendered 1,200 MW of interstate transmission system (ISTS)-connected solar photovoltaic (PV) projects to be developed in Maharashtra.
That a large part of NTPC’s reported under-recoveries of Rs210 crore in Q2FY19 was due to unavailability of coal exacerbated the coal supply crisis in the country. The company had reported Rs 1,400 crore of under-recovery in FY18
State-run NTPC Monday said Kulamani Biswal has resumed office as director (finance) after the Delhi High Court quashed a power ministry order for his suspension. “Delhi High Court had vide its judgement dated October 3, 2018,
Solar power producer Azure Power today announced it has signed a Letter of Award (LoA) with NTPC Ltd for a 300 Megawatt solar power project. Azure had won the project in an auction conducted by NTPC.
GE Power India Ltd, an arm of American industrial giant GE, today announced it has bagged four contracts worth Rs 1,783 crore from state-owned NTPC Ltd for supply of emission control equipment for its coal-based power plants.
GE Power India has been awarded four contracts by NTPC for installation of air quality control systems for a combined value of INR 1,783 crore (USD 247 million). This includes the supply and installation of Wet Flue Gas Desulphurization
State-run power producer NTPC has entered into a Rs 10,000-crore contract with the Indian Railways for transportation of coal from mines to all its plants through fiscal 2020.
Power Grid, a top defensive bet in the power sector, has been losing out to NTPC, another state behemoth, over the past few months. Investors have trimmed their positions in the transmission company recently and moved to power