MNRE Directs SECI, NTPC to Release Bank Guarantees for RE Projects in 45 Days Updated On Fri, Sep 6th, 2019 by Saurenergy MNRE has directed SECI and NTPC to release the Performance Bank Guarantees for the solar and wind energy projects in 45 days The Ministry of New and Renewable Energy (MNRE) has directed the Solar Energy Corporation of India (SECI) and NTPC Ltd., the two leading state-owned agencies involved in the renewable energy sector to release […] Read more
NTPC Ordered to Release Bank Guarantees of 3 IPPs in Rajasthan Updated On Thu, May 9th, 2019 by Saurenergy The commission ruled that the retention of the performance bank guarantees by NTPC was illegal and arbitrary. NTPC Ltd. has been ordered by the Central Electricity Regulatory Commission (CERC) to release the performance bank guarantees (PBG) of three independent power producers (IPP) operating in the Bhadla Solar Park in Rajasthan. The commission responded in response […] Read more
ONGC, NTPC Green Enter JV To Build Offshore Wind Project In India Updated On Mon, Nov 18th, 2024 by Saurenergy ONGC NTPC Green Private Limited (ONGPL) was recently incorporated as a 50:50 joint venture between NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, and ONGC Green Limited (OGL), a wholly-owned subsidiary of Oil and Natural Gas Corporation Limited. The authorized share capital of ₹10 lakh has been subscribed to explore and set up […] Read more
NTPC Green To Issue IPO In The Price Band Of Rs 102 To Rs 108 Updated On Wed, Nov 13th, 2024 by Saurenergy After much wait, the green energy arm of the NTPC Group-NTPC Green Energy Limited has planned to release its Initial Public Offering (IPO) in the price band of Rs 102 to Rs 108 per equity share. The company will issue its IPO from November 19 and close it on November 22. The firm is set […] Read more
Hexa Climate, ACME And Avaada Energy Secure NTPC’s FDRE Tender Updated On Sat, Nov 9th, 2024 by Saurenergy NTPC Limited has now declared Hexa Climate Solutions, ACME Solar Holdings, and Avaada Energy as the winners of its 1,200 MW Firm and Dispatchable Renewable Energy (FDRE) auction. The tender for this project was issued in June this year, and the results were released within four months. In this tender, out of the 1.2 GW, […] Read more
NTPC Arm Floats Tender For Evacuation Of 755 MW Of Green Power Updated On Wed, Nov 6th, 2024 by Saurenergy In a bid to supply clean energy to Green Valley Renewable Energy Limited (GVREL), NTPC renewable energy arm NTPC Green Energy Limited (NGEL) on behalf the company, invited bids for power evacuation package -II as a part of 755 MW GVREL Solar Park at Tilaiya and Panchet Reservoir. The Green Valley Renewable Energy Limited (GVREL) […] Read more
NTPC Plans To Develop 300 MW Solar Project, Issues Tender Updated On Mon, Oct 28th, 2024 by Saurenergy NTPC recently released a tender to develop a 300 MW ground-mounted solar project and terminal bay near the NTPC Anta substation. It is accepting bids until 5th December 2024. The bidder will be responsible for arranging the land for the solar project and for the design, engineering, manufacturing, transportation, storage, installation, and commissioning of the […] Read more
Ladakh: NTPC, Indian Army Set To Build Solar Hydrogen Microgrid Project Updated On Fri, Oct 25th, 2024 by Saurenergy NTPC has partnered with the Indian Army to establish a Solar Hydrogen-based Microgrid at Chushul, Ladakh. This would provide a stable power supply using Green Hydrogen in off-grid Army locations. The Defence Minister Rajnath Singh laid the foundation stone of this unique project through video conferencing. NTPC has designed this solar hydrogen-based microgrid system to […] Read more
NTPC Limited Reports 14% Jump In Net Profits In Q2 Updated On Fri, Oct 25th, 2024 by Saurenergy NTPC Limited today issued its financial results for the second quarter (Q2) of FY25. The firm’s latest results reported a 14 percent growth in net profits. On a standalone basis, NTPC’s total income for H1 FY25 was ₹86,298 crore, compared to ₹81,199 crore for the same period last year. Profit After Tax (PAT) for H1 […] Read more
