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NTPC Holds Foreign Lenders Meet in Mumbai on June 22

The meeting was aimed at updating the foreign lenders and financial institutions about the company’s operational and financial performance during FY18, its future growth plans and funding requirements etc. Energy conglomerate NTPC held its 16th Foreign Lenders Meet in Mumbai on 22nd June 2018. The meeting was aimed at updating the foreign lenders and financial […]

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NTPC Issues 36 MW Tenders for Solar Projects in Telangana, Gujarat

The scope of work includes the design, EPC, testing and commissioning of the solar PV projects and they will be developed on turnkey basis. The funds for these projects will come from the treasury of NTPC. To develop the grid-connected solar photovoltaic (PV) projects to be developed in the states of Telangana and Gujarat, the […]

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NTPC Defers 2,000 MW Solar Projects Auction

The decision came on the backdrop of letter written to Ministry of New and Renewable Energy (MNRE) by the Solar Power Developers Association. The association had sought extension of solar auctions till the issue related to grant of connectivity through inter-state transmission system is not resolved. As developers have raised their concerns and have sought […]

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NTPC Signs MoU to Acquire 3 Power Stations

The MoU envisages transfer of Barauni Thermal Power Station and transfer of Bihar State Power Generation Company’s equity in Kanti Bijlee Utpadan Nigam Ltd & Nabinagar Power Generating Company to NTPC. Public Sector Undertaking NTPC has signed a pact with Bihar government and its power utilities to acquire their entire stake in two joint ventures […]

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KSEB, NTPC Ink Pact for Increasing Solar Power Generation

The agreement signed also includes a deal to set up a 15 MW solar power unit at the NTPC complex in Kayamkulam. The Kerala State Electricity Board (KSEB) and National Thermal Power Corporation (NTPC) has entered into a Memorandum of Understanding (MoU) for increasing solar power generation in the state of Kerala. According to an official release, the agreement signed […]

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Tariffs Drop at NTPC’s Solar Auction

All the winners include Sprng Energy, Ayana Renewable Power, and SB Energy Solar. The winners at the auction got 250 MW each. In a 750 MW auction conducted by NTPC for projects at Ananthapuram Solar Park in Andhra Pradesh the tariffs fell to Rs 2.72-2.73 per unit. All the winners include Sprng Energy, Ayana Renewable Power, […]

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NTPC’s Ananthapuram Solar Park Auction tariffs floated at Rs 2.8 per unit

Earlier, in the last weeks of March, the bids in the auction of 500 MW were in range of Rs 2.98-3.06 per unit. However, dismayed with the tariff rates, the government of Gujarat cancelled the auction and may re-issue new tenders soon. In a latest auction for 750 MW at Ananthapuram Solar Park in Andhra […]

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NTPC to Quit 50:50 JV with BHEL for Mfg Power Equipments

The JV’s first manufacturing facility at Mannavaram in Chittoor district of Andhra Pradesh started operations in 2016 but had very little orders. NTPC Ltd, formerly known as National Thermal Power Corporation Ltd, has decided to quit its 50:50 Joint Venture (JV) with BHEL, by saying it is not an equipment manufacturer and would rather concentrate on setting up and […]

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