Telangana and Andhra Pradesh governments have asked the NTPC to allocate 85 per cent power from the two ultra mega power projects of 4,000 Mw capacity each are proposed to be set up in the respective states.
The state-owned power producer NTPC Limited has launched a single window system to deal with the procurement needs of the power plants across the country, in place of a plant-wise tender process being practiced so far.
The stock price of state-owned power utility NTPC ended at Rs 145.5 on the BSE on Friday, a six per cent fall compared to the previous close, as the eligibility date to receive 'bonus debentures' ended.
The Andhra Pradesh government is expecting 139 new infrastructure projects across the state over the next five years that would see an investment of $30 billion, said Ajay Jain, secretary, infrastructure and energy.
This copy and its headline have been revisedState-owned thermal power generator NTPC has received regulatory approval to issue Rs 10,307 crore worth of bonus debentures, the largest ever by an Indian company.