Jaipur: Rajasthan Renewable Energy Corporation Ltd (RRECL) and Tehri Hydro Development Corporation (THDC) inked an agreement to set up 10,000-megawatt solar power park in Rajasthan. ACS Energy and CMD RRECL Subodh Agarwal who was in Rishikesh to ink the agreement said that the development of the park will create 10,000 direct jobs. Agarwal said that […]
THDC India signs LoI to set up 10,000MW solar projects in Rajasthan
On behalf of THDCIL, its Director (Finance) J. Behera signed the LoI in Jaipur. State-owned THDC India Limited (THDCIL) has signed a pact to build 10,000MW solar power projects entailing an investment of ₹10,000 crore in Rajasthan. “THDC India Limited (THDCIL) signed the letter of intent (LoI) of 10,000MW in Rajasthan with an estimated investment […]
Petition for approval of tariff of Koteshwar Hydroelectric Project (KHEP) (4x100MW) for the period 1.4.2019 to 31.3.2024. THDC India Limited – EQ Mag Pro
Petition for approval of tariff of Koteshwar Hydroelectric Project (KHEP) (4x100MW) for the period 1.4.2019 to 31.3.2024. THDC India Limited. For more information please see below link:
NEEPCO, NHPC, THDC, and SJVN: These 4 CPSUs will execute Hydro Projects in Arunachal Pradesh – EQ Mag Pro
As many as 29 Hydro Projects totaling 32415 MW will be executed by these four Hydro CPSUS as nominated by the Union Power Ministry. New Delhi : The Hon’ble Deputy Chief Minister of Arunachal Pradesh, Shri Chowna Mein held a detailed meeting with CMDs of NEEPCO, NHPC, THDC, and SJVN to look forward to the […]
Petition Filed By THDC For Approval of Power Sale Agreement Between THDC And KSEBL – EQ Mag Pro
Petition Filed By THDC For Approval of Power Sale Agreement Between THDC And KSEBL. For more information please see below link:
Discoms’ Outstanding Dues to Gencos Fall 3% to Rs 78,379 Cr in March
Total dues owed by electricity distribution companies to power producers fell 3.4 per cent to Rs 78,379 crore in March 2021 as compared to the year-ago period, showing a reversal of discoms’ growing outstandings. Outstanding dues of discoms towards electricity producers have been increasing year-on-year as well as month-on-month for years showing perennial stress in […]
NTPC (BUY): Concludes THDC & NEEPCO acquisitions
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 […]
NTPC acquires Centre’s stake in NEEPCO, THDC for Rs 11,500 crore
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 – […]
No communication on THDC being handed over to NTPC
The minster added that whenever the state government’s opinion is sought on any move on its transfer to the NTPC, it will firmly stand for the THDC employees, and the interests of the general public and the state Dehradun : The Uttarakhand government on Tuesday told the state assembly that it has no communication from […]
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 […]