NTPC to acquire stressed assets under insolvency in NCLT to make better deals

NTPC, the country’s largest power utility, plans to acquire only those stressed power projects undergoing insolvency proceedings in the National Company Law Tribunal (NCLT) to grab better deals.“NTPC has decided to go slow on expansion of its capacity addition through acquisition of stressed power assets. The company is now looking at only those projects which […]

Summer raises demand for power

HYDERABAD: The demand for electricity in Telangana has begun rising with the increase in temperatures across the State. On Monday, the demand for power was 219 million units. Power officials expect the demand to further increase in the coming days with the advent of summer and also due to 24×7 free power supply to farmers. […]

Two OPGC power units inaugurated in Odisha

JHARSUGUDA: Chief Minister Naveen Patnaik on Friday inaugurated the third and fourth units of the state-owned Odisha Power Generation’s Ib Thermal Power Station at Banharpali in the district.The Chief Minister also inaugurated a coal mine at Manoharpur in Sundargarh district through video conference. The coal mines at Manoharpur will feed coal to the two new […]