Starting October 1, the price of administered natural gas will fall from $3.06 per mmBtu (million British thermal unit) to an estimated $2.5 to $2.7, benefitting companies such as Indraprastha Gas and Mahanagar Gas as well as gas consumers.
India's largest energy conglomerate NTPC will raise USD 500-USD 700 million in Masala bonds from the financial markets in London, Hong Kong and Singapore from November this year, a top company official said today.
Aravali Power Company Pvt Ltd (APCPL) located in the Jhajjar district of Haryana, owned and operated by NTPC, has issued a notice to Reliance Infrastructure's distribution companies (discoms) in New Delhi for non-payment of dues.
The recent freight rate increase by Indian Railways for coal and the clean energy cess doubling to Rs 400 a tonne for coal has offset by 15p a unit of power of the earlier total benefit of 35p a unit from its surplus availability and reduction in price in
Odisha Chief Minister Naveen Patnaik has sought the intervention of Prime Minister Narendra Modi to safeguard the livelihood and environment of 27 villages of the state bordering Chhattishgarh, which are likely to be affected by a 1,600 Mw power plant
Bond issued by the India's largest power generating company NTPC Ltd were oversubscribed by 2.5 times. The company issued its 62nd series of taxable secured non-convertible debentures on Friday with bullet repayment after 10 years.
The country’s largest power producer, NTPC, raised Rs 2,000 crore through rupee-denominated green masala bonds from offshore markets. The company launched the bonds on Wednesday, with an initial target to raise Rs 1,000 crore.
The Centre's green panel has deferred its decision on granting environment clearance to NTPC's Rs 17,820-crore super thermal project in Chhatarpur district, Madhya Pradesh, for want of more information and clearance from the wildlife authorities.
State-owned NTPC has achieved savings of approximately 30 paise per unit – approximately Rs 550 crore per month – on account of coal rationalisation and reduction in imports of fossil fuel, Parliament was informed on Monday.