The company is best positioned among its peers in terms of fuel availability and depends for only up to 10% of its total requirement on imported coal

After its initial public offering in 2004, followed by a follow-on offering in 2009, the finance ministry is proposing to disinvest another 9.5 per cent stake in India's largest power producer —NTPC — according to media reports. The management though, has denied any such development.

India’s state-owned power generator NTPC Ltd is still awaiting re-allocation of five of its coal mines allocations for which were cancelled earlier due to delays in production.

The cancelled coal blocks, in addition to the other three awarded to the company, hold the key to the company’s future fuel securing strategy. NTPC consumes around 120 MT coal annually to fire its 36,000 Mw power generation capacity.

After slugging over the trigger level in the new Fuel Supply Agreements (FSAs), the two have entered into a blame game over Merry-Go-Round (MGR), a method of dispatch

The battle between the energy sector’s two giants, both government-owned, Coal India Ltd (CIL) and power generator NTPC, does not seem to be ending. After slugging over the trigger level in the new Fuel Supply Agreements (FSAs), the two have entered into a blame game over Merry-Go-Round (MGR), a method of dispatch.

The state government has worked out a permanent mechanism to save energy through conservation measures. All key government departments like energy, municipal administration and urban development, agriculture and co-operation, industries and panchayat raj, among others, will be involved in achieving the targets. The aim: Huge energy savings through efficiency measures to provide some relief to the sector and electricity consumers in particular.

“A circular has already been issued to all the employees of government departments to conserve energy by switching off unnecessary lights and fans, apart from non-usage of air-conditioners for the next six months to set an example to others. Also all heads of departments have been advised to strictly implement the energy conservation measures,” said principal secretary (energy) M. Sahoo, in a statement.

Combined installed capacity 3920 MW; generation to begin from April next year

Punjab’s dream of becoming self-sufficient in power would become a reality, when three major thermal plants in the private sector, with a combined installed capacity of 3920 MW, start operating and begin generation from April 2013. This was disclosed by Deputy Chief Minister Sukhbir Singh Badal on Wednesday after he visited the sites of these power projects that were at advanced stages of completion at Goindwal Sahib, Talwandi Sabo and Rajpura in Tarn Taran, Bathinda and Patiala districts respectively. He said the facilities entailed an investment of Rs. 22,000 crore.

The National Thermal Power Corporation (NTPC) has pulled out from providing services as a consultant in setting up new generation units in UP.

Apprehensive that opposition by a small faction could derail or at least delay the 3,200 Mega Watt (MW) Super Thermal Power Plant (STPP) of National Thermal Power Corporation (NTPC), affected villa

The office of the Comptroller and Auditor General is an essential instrument for enforcing the accountability of the executive to Parliament. It is wrong, as in the coal blocks and other recent cases, to cast aspersions on the CAG for pointing out the omissions and commissions of the government. The office of the CAG has done what it is expected to do as a guardian of national finance. Unfortunately the issue has got politicised with the leading opposition party upping the ante.

New Delhi The power ministry has framed new bidding guidelines to prevent private firms with cheap captive coal mines selling power at steep rates in the open market and reaping windfall profits. Speaking at the Idea Exchange programme of the Express group, power minister Veerappa Moily said the guidelines would require companies in all segments — ultra mega, captive and merchant — generating power to participate in bidding for selling electricity.

The minister said there would be no large-scale coal block cancellations, assuring the money lent by the banks to power companies would be safe. Moily said the new bidding guidelines would resolve the immediate problems in the coal and power sector.

New Delhi: Naveen Jindal, promoter of Jindal Steel and Power Limited (JSPL), came under heavy artillery fire from the opposition for charging higher tariff for power he generates from the Raigarh p

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