NTPC Issues Tender Seeking Partners To Venture Into Offshore Wind Business Updated On Mon, Jul 10th, 2023 by Saurenergy NTPC Green Energy Limited (NGEL), the green arm of the NTPC Group, has now expressed its intention to venture into the business of offshore wind projects in the country. This sector is now largely untouched in India, with no visible players in sight to undertake large offshore wind projects. Paving the way for the same, […] Read more
NTPC Likely To Add 5,000 MW Of Renewable Energy Capacities Annually Updated On Mon, Jun 5th, 2023 by Saurenergy India’s largest power sector PSU (Public Sector Utility)-NTPC Limited, is likely to add around 4,000 MW to 5,000 MW of renewable energy annually to achieve its ambitious clean energy target. The PSU has targeted adding up to 60 Gigawatt (GW) of installed renewable power capacity by 2032. However, in the short term, the power behemoth has planned […] Read more
NTPC Green, UPRVUNL Sign Pact To Develop Floating Solar, RE Parks Updated On Thu, Jun 1st, 2023 by Saurenergy NTPC Green Energy Limited recently signed a pact with the Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) to develop renewable energy parks, floating solar, and other solar projects in Uttar Pradesh through a collaborative approach. The green arm of the NTPC said that the move would likely boost the company to facilitate the Indian […] Read more
NTPC Arm Bags 500 MW of RE Project from REMCL; Project Nine Renewable Power & Sprng Akshya Urja Other Winners Updated On Fri, Apr 28th, 2023 by Saurenergy REMCL (Renewable Energy Management Company) had declared the results for a 1000 MW renewable energy project. Of the 1000 MW capacity, 900 MW has been tendered. Energy conglomerate NTPC has announced that its arm NTPC Renewable Energy (NTPC-REL) has won a 500 MW renewable energy round-the-clock (RE-RTC) project of the tendered capacity. Sprng Akshya Urja […] Read more
NTPC Transfers 15 Renewable Energy Assets Worth Over Rs 10,000 Cr to Subsidiary NGEL Updated On Wed, Mar 1st, 2023 by Saurenergy India’s largest power utility NTPC has transferred 15 renewable energy assets worth Rs 10,0066.99 cr to its wholly-owned subsidiary, NGEL (NTPC Green Energy Ltd). The transfer was achieved under a Business Transfer Agreement under the aegis of the National Monetization Pipeline (NMP) of Government of India. The NMP sets mandate for the transfer of revenue […] Read more
NTPC Green Energy to Raise Up to Rs 9,000 cr Term Loan Updated On Wed, Feb 22nd, 2023 by Saurenergy NTPC Green Energy Ltd (NGEL), an NTPC subsidiary, has invited bids for a term loan of up to Rs 9,000 crore in Indian Rupee denomination. As per the bid document, NGEL intends to raise fresh debt and the funds collected will be used to repay outstanding liability of Rs 8,200 crore towards NTPC by March […] Read more
NTPC, HPCL Sign Deal To Develop Renewable Energy Together Updated On Thu, Jan 5th, 2023 by Saurenergy NTPC Green Energy Ltd (NGEL) has signed a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Ltd (HPCL) in New Delhi for development of renewable energy based power projects to tap business opportunities in renewable energy and supply of 400 MW round the clock renewable power for requirements of HPCL. The official statement of the […] Read more
NTPC Trading Arm Invites EOI For RTC Green Power Updated On Fri, Sep 2nd, 2022 by Saurenergy NTPC Vidyut Vyapar Nigam Limited, a power trading subsidiary of NTPC Limited, has invited expressions of interest from renewable energy developers for round the clock (RTC) power supply for the medium to long term. The latest tender indicates the pace at which demand for green RTC power is going up, as utilities look to ensure […] Read more
NTPC Plans to Raise Rs 5000 Crore From Sale In Renewable Firm Continues On Track Updated On Mon, Jul 11th, 2022 by Saurenergy State-owned National Thermal Power Corporation (NTPC) plans for a stake sale in its green arm in October this year seem to be moving on schedule. The power giant plans to raise upto Rs 5,000 crore through a stake sale while retaining control over the firm. The power major has begun to collect inputs from sovereign […] Read more
