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 – […]
NTPC may shell Rs 10,000 crore for Centre’s stake in NEEPCO, THDC
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday cleared strategic disinvestment in the two hydroelectric power generating PSUs in favour of NTPC NEW DELHI: Country’s largest power producer NTPC may make an aggressive bid of about Rs 10,000 crore to buy out the Centre’s stake in two hydro power producing companies – NEEPCO and […]
NTPC tempers growth in coal-fired capacities, meets under 25% of FY19 goal
In 2018-19, the PSU major signalled intentions of abandoning coal-based projects amounting to 9.3 Gw in Andhra Pradesh, West Bengal and Odisha The country’s sagging growth in new capacity additions in coal-fired power seemed to have rubbed on state controlled NTPC Ltd, the largest power generator. Between 2012-13 and 2015-16, the country had added as […]
