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Tata Power Solar receives the Letter of Award for CPSU-II from NTPC for 300 MW project

National: Tata Power Solar, India’s largest integrated solar company and a wholly-owned subsidiary of Tata Power, post reverse auction held on February 21, has received the Letter of Award to build the 300 MW CPSU-II for NTPC at an all-inclusive price of INR 1730.16 crore. The Commercial Operation Date (COD) for this grid-connected solar photovoltaic […]

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PM’s April 5 blackout call puts power sector on alert mode to maintain grid stability

April 4, 2020 Anand Gupta

The Grid stability in the country is maintained by keeping power frequency within a range specified by Central Electricity Regulatory Authority (CERC). Any deviation from identified frequency is managed by increasing or decreasing power flow in the grid New Delhi: Prime Minister Narendra Modi’s appeal for a 9-minute blackout at 9 p.m. on Sunday, has […]

IFB For Inverter-Transformer Package of Solapur Solar PV Project at Solapur in Maharashtra

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NTPC contributes INR 257.5 crore to PM CARES Fund

April 2, 2020 Anand Gupta

New Delhi: NTPC Ltd, India’s largest power producer, contributed INR 257.5 Crore to the PM CARES Fund to support the government in the fight against COVID-19. While INR 250 crore have been given by the company, NTPC employees have also contributed INR 7.5 crore towards the PM CARES Fund as their one day salary. NTPC […]

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Shri Dillip Kumar Patel takes over as Director (HR), NTPC

April 2, 2020 Anand Gupta

Shri Dillip Kumar Patel has taken charge/assumed responsibility as Director (HR) of NTPC today (01.04.2020) Shri Patel has had an illustrious career spanning over more than three decades including both line and HR functions. After gaining work experience in (Mechanical Maintenance & CHP Operation) and Employee Development Centre (EDC) at Korba, he took a leap […]

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NTPC, NHPC, REC & Other Power Ministry PSUs Donate Huge Rs 925 Cr To PM-CARES Covid Fund

March 31, 2020 Anand Gupta

On Tuesday, the public sector undertakings of Ministries of Power and MNRE announced that it would contribute a whopping Rs.925 crore to the PM CARES On Tuesday, the public sector undertakings of Ministries of Power and MNRE announced that it would contribute a whopping Rs.925 crore to the PM CARES fund launched by Prime Minister […]

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Discoms’ outstanding dues to power gencos rise nearly 32% to Rs 88,311 cr in January

March 30, 2020 Anand Gupta

Distribution companies (discoms) owed a total of Rs 67,012 crore to power generation companies in January 2019, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators). Power producers’ total outstanding dues owed by distribution firms rose nearly 32 per cent to Rs 88,311 crore in January […]

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NTPC (BUY): Concludes THDC & NEEPCO acquisitions

March 27, 2020 Anand Gupta

NTPC has announced the completion of its acquisition of Government of India’s (GoI) share in THDC (75%) and NEEPCO (100%) for a total consideration of Rs115bn. The consideration translates to 0.87x FY19 stake adjusted P/B (cumulative net-worth is Rs156bn). We believe the deal value is positive for NTPC since market expectations were between Rs130-150bn. We […]

APPOINTMENT OF CONSULTANT FOR CONDUCTING LEGAL DUE DILIGENCE OF THE LAND FOR SOLAR PV PROJECTS

Business & Finance

NTPC acquires Centre’s stake in NEEPCO, THDC for Rs 11,500 crore

March 27, 2020 Anand Gupta

The company informed it signed share purchase agreement on Wednesday to buy central government’s entire 74.496 per cent stake of THDC for a consideration of Rs 7,500 crore New Delhi: Making an aggressive bid, the country’s largest power producer NTPC on Thursday announced acquisition of the government’s entire stake in two hydropower producing companies – […]

Tenders

NTPC Issues Tender For 735 (3X245) MW Balance Of System Package In Rajasthan

March 24, 2020 Anand Gupta

IFB FOR DEVELOPMENT OF 735 (3X245) MW BALANCE OF SYSTEM PACKAGE OF NOKH SOLAR PARK PROJECT AT DISTRICT JAISALMER IN RAJASTHAN For more information please see below link:

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Ready to Supply Uninterrupted Power Amid Coronavirus Threat: NTPC

March 21, 2020 Anand Gupta

The state-run power giant has issued suitable advisories for its employees posted at various units and offices in line with the advisory issued by the government to deal with coronavirus. New Delhi: State-run power giant NTPC on Friday said it is prepared to ensure uninterrupted power supply to the nation despite the widespread threat of […]

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