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$New Delhi: NTPC wants to reduce its coal imports from 10 percent of its annual fuel requirement to keep production costs under check, its chairman said. The 40,000 megawatt thermal power producer has a coal requirement of 164 million tonnes in the current fiscal year to end-March and has already contracted to import 16.4 million tonnes of coal, a third more than the 2011-12 fiscal year. Ten percent of all our requirement is now being imported, but we would like to reduce it. It increases the costs. It doesn\'t help the country, Arup Roy Choudhury, who is also the managing director of the state-run utility, said in an interview on Friday.[caption id=attachment_619156 align=alignleft width=380$

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<strong>New Delhi:</strong> The auction of NTPC shares saw good response from investors in the initial hours of sale today with bids coming in for over 30.51 crore shares in the first three hours of trade.

The government is offloading 78.32 crore shares or 9.5 percent stake in the state-owned power major NTPC and has fixed a floor price of Rs 145 a share.[caption id=attachment_617181 align=alignleft width=380

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<strong>New Delhi:</strong> State-run NTPC today said it has signed a loan agreement worth $250 million with State Bank of India and Japan-based Mizuho Corporate Bank for financing its expansion plans.

NTPC has signed a term-loan agreement for $250 million (approximately Rs 1,327 crore) with the New York branch of State Bank of India and Singapore branch of Mizuho Corporate Bank as lead arrangers and lenders, the company informed the stock exchanges today.[caption id=attachment_615937 align=alignleft width=380

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$Mumbai: The government\'s share sale in state-run power producer NTPC Ltd to raise roughly $2 billion is likely to take place on 7 February, three sources with direct knowledge of the situation said on Friday.[caption id=attachment_602569 align=alignleft width=380$

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$New Delhi: In a breather to NTPC, government today said it will re-allocate its three forfeited coal blocks by tomorrow after Law Ministry\'s approval, a step that will bolster the state-run firm\'s valuation prior to its share sale. The three coal blocks-Chatti-Bariatu, Kerandari and Chatti-Bariatu (South)-would be re-allocated to NTPC by tomorrow after getting the Law Ministry\'s approval. The whole issue of coal blocks that have to be re-allocated to NTPC will be done by tomorrow ... blocks will be re-allocated to NTPC post Ministry of Law\'s opinion on that matter, Power Minister Jyotiraditya Scindia told reporters here. [caption id=attachment_596708 align=alignleft width=380$

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<strong>New Delhi:</strong> State-run power producer NTPC today reported nearly 22 per cent jump in net profit at Rs. 2,596.76 crore in the third quarter ended December, 2012. NTPC had a net profit of Rs. 2,130.39 crore in the same period a year ago.

[caption id=attachment_596558 align=alignleft width=380

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$New Delhi: NTPC wants to reduce its coal imports from 10 percent of its annual fuel requirement to keep production costs under check, its chairman said. The 40,000 megawatt thermal power producer has a coal requirement of 164 million tonnes in the current fiscal year to end-March and has already contracted to import 16.4 million tonnes of coal, a third more than the 2011-12 fiscal year. Ten percent of all our requirement is now being imported, but we would like to reduce it. It increases the costs. It doesn\'t help the country, Arup Roy Choudhury, who is also the managing director of the state-run utility, said in an interview on Friday$

New Delhi: The auction of NTPC shares saw good response from investors in the initial hours of sale today with bids coming in for over 30.51 crore shares in the first three hours of trade.

The government is offloading 78.32 crore shares or 9.5 percent stake in the state-owned power major NTPC and has fixed a floor price of Rs 145 a share

New Delhi: State-run NTPC today said it has signed a loan agreement worth $250 million with State Bank of India and Japan-based Mizuho Corporate Bank for financing its expansion plans.

NTPC has signed a term-loan agreement for $250 million (approximately Rs 1,327 crore) with the New York branch of State Bank of India and Singapore branch of Mizuho Corporate Bank as lead arrangers and lenders, the company informed the stock exchanges today

$Mumbai: The government\'s share sale in state-run power producer NTPC Ltd to raise roughly $2 billion is likely to take place on 7 February, three sources with direct knowledge of the situation said on Friday$

$New Delhi: In a breather to NTPC, government today said it will re-allocate its three forfeited coal blocks by tomorrow after Law Ministry\'s approval, a step that will bolster the state-run firm\'s valuation prior to its share sale. The three coal blocks-Chatti-Bariatu, Kerandari and Chatti-Bariatu (South)-would be re-allocated to NTPC by tomorrow after getting the Law Ministry\'s approval. The whole issue of coal blocks that have to be re-allocated to NTPC will be done by tomorrow ... blocks will be re-allocated to NTPC post Ministry of Law\'s opinion on that matter, Power Minister Jyotiraditya Scindia told reporters here.$

New Delhi: State-run power producer NTPC today reported nearly 22 per cent jump in net profit at Rs. 2,596.76 crore in the third quarter ended December, 2012. NTPC had a net profit of Rs. 2,130.39 crore in the same period a year ago.

New Delhi: NTPC wants to reduce its coal imports from 10 percent of its annual fuel requirement to keep production costs under check, its chairman said. The 40,000 megawatt thermal power producer has a coal requirement of 164 million tonnes in the current fiscal year to end-March and has already contracted to import 16.4 million tonnes of coal, a third more than the 2011-12 fiscal year. Ten percent of all our requirement is now being imported, but we would like to reduce it. It increases the costs. It doesn't help the country, Arup Roy Choudhury, who is also the managing director of the state-run utility, said in an interview on Friday

New Delhi: The auction of NTPC shares saw good response from investors in the initial hours of sale today with bids coming in for over 30.51 crore shares in the first three hours of trade. The government is offloading 78.32 crore shares or 9.5 percent stake in the state-owned power major NTPC and has fixed a floor price of Rs 145 a share

New Delhi: State-run NTPC today said it has signed a loan agreement worth $250 million with State Bank of India and Japan-based Mizuho Corporate Bank for financing its expansion plans. NTPC has signed a term-loan agreement for $250 million (approximately Rs 1,327 crore) with the New York branch of State Bank of India and Singapore branch of Mizuho Corporate Bank as lead arrangers and lenders, the company informed the stock exchanges today

Mumbai: The government's share sale in state-run power producer NTPC Ltd to raise roughly $2 billion is likely to take place on 7 February, three sources with direct knowledge of the situation said on Friday

New Delhi: In a breather to NTPC, government today said it will re-allocate its three forfeited coal blocks by tomorrow after Law Ministry's approval, a step that will bolster the state-run firm's valuation prior to its share sale. The three coal blocks-Chatti-Bariatu, Kerandari and Chatti-Bariatu (South)-would be re-allocated to NTPC by tomorrow after getting the Law Ministry's approval. The whole issue of coal blocks that have to be re-allocated to NTPC will be done by tomorrow ... blocks will be re-allocated to NTPC post Ministry of Law's opinion on that matter, Power Minister Jyotiraditya Scindia told reporters here.

New Delhi: State-run power producer NTPC today reported nearly 22 per cent jump in net profit at Rs. 2,596.76 crore in the third quarter ended December, 2012. NTPC had a net profit of Rs. 2,130.39 crore in the same period a year ago.

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