NTPC has identified seven to eight private power plants as potential acquisition targets. The company will take a final decision on them and make an announcement before 31 March, 2015.
Tag: NTPC
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Bidding for TN, Odisha UMPPs scrapped
The Power Ministry has scrapped the bidding process for two ultra-mega power projects of 4,000 MW each proposed to be built in Odisha and Tamil Nadu after all private players walked out, leaving State-run NTPC and NHPC as the sole contender for each project.
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Open Sesame!
Public Sector Units (PSUs) will be pushing the growth engine of the country, be it through almost 18 lakh acres of land reserves with these companies or the cash reserves of almost Rs 2,00,230 crore kept as bank deposits by these enterprises.
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Power Ministry cancels UMPP bids
The Ministry of Power has decided to cancel the two-year-long bidding process for two ultra mega power plants (UMPPs) in Tamil Nadu and Odisha. The decision comes in the wake of private companies pulling out of the process, with public sector units NTPC and NHPC emerging as the only bidders.
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Powering India Green
Increasing energy demand, climatic change, government initiatives and abundant untapped natural resources have been the key drivers behind the country´s movement towards renewable energy.
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NTPC to join OTPCL to set up 2400 MW thermal plant
Power major NTPC has agreed to jointly develop a 2,400 MW thermal power plant in Dhenkanal district with State-owned Odisha Thermal Power Corporation.
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BHEL secures NTPC contract
Bharat Heavy Electricals (BHEL) has bagged a contract for the supply and installation of the electrostatic precipitator (ESP)
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NTPC to add 4,500 MW in South
State-run power generator NTPC is awaiting forest department clearance to set up its first wind energy project in the country.
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NTPC to pick stake in overseas coal mines
NTPC is scouting for coal assets overseas and has invited proposals form coal miners interested in offloading stake. The move is aimed at ensuring a steady supply of imported coal which the power producer needs for its plants.
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ABFPL bags NTPC contract
Alstom Bharat Forge Power Ltd (ABFPL), the joint venture company of Alstom and Bharat Forge has bagged contract worth Rs 1,136.5 crore from NTPC for the supply of plant equipment for the Tanda coal power plant in Uttar Pradesh.