Tag: NTPC

NTPC eyes green hydrogen exports, targets Asian and European markets

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NTPC eyes green hydrogen exports, targets Asian and European markets

Lower carbon compounds could eventually evolve into a commercially viable business, potentially expanding NTPC’s renewable energy portfolio | Photo Credit: The Hindu State-owned power producer NTPC is developing a green hydrogen hub in Visakhapatnam, Andhra Pradesh, and is in talks with potential offtakers in South Korea, Germany and Japan, its Chairman and Managing Director Gurdeep…

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Business

NTPC posts 15% growth in power generation in July, 9.5% on a year-to-date basis

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NTPC posts 15% growth in power generation in July, 9.5% on a year-to-date basis

A signboard of NTPC seen outside its office in Mumbai | Photo Credit: Reuters NTPC’s power generation surged 9.5% on a year-to-date basis. State-owned power generation company NTPC saw a 15% growth in power generation in July compared with the prior month. This is higher than the 11% month-on-month growth in power generation that the…

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Business

Sri Lanka not seeking to renegotiate Adani power deal, says top official from Energy Ministry

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Sri Lanka not seeking to renegotiate Adani power deal, says top official from Energy Ministry

K.T.M. Udayanga Hemapala, Secretary to the Ministry of Energy, Sri Lanka. | Photo Credit: Meera Srinivasan Colombo is not seeking to renegotiate the contentious renewable energy project with Adani Green, a top Sri Lankan official said, a week after the company abruptly pulled out of a wind farm initiative in the island’s Northern Province. Adani…

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World

Sensex, Nifty close lower amid massive selling in heavyweight stocks, mixed global cues

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Sensex, Nifty close lower amid massive selling in heavyweight stocks, mixed global cues

Bombay Stock Exchange (BSE). File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty settled lower for the sixth straight session on Monday (October 7, 2024) due to heavy selling in bellwether stocks including HDFC Bank and Reliance Industries amid mixed trends in the global markets and outflow of foreign funds. Falling for the…

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Business

Stock markets settle flat in highly volatile trade; oil & gas, FMCG shares major drag

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Stock markets settle flat in highly volatile trade; oil & gas, FMCG shares major drag

According to exchange data, equities worth ₹9,791.93 crore were sold by FIIs on Monday, September 30, 2024, while Domestic Institutional Investors DIIs purchased equities valued at ₹6,645.80 crore. File | Photo Credit: Reuters Benchmark indices Sensex and Nifty edged lower on Tuesday (October 1, 2024), extending the losing run to the third day amid profit-taking…

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Business

Macawber Beekay to establish three Green Coal projects for NTPC

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Macawber Beekay to establish three Green Coal projects for NTPC

Macawber Beekay Private Ltd, which is into the waste-to-energy segment said it had bagged three Green Coal projects from NTPC in Noida (Uttar Pradesh), Bhopal (Madhya Pradesh), and Hubbali (Karnataka).  | Photo Credit: PTI Macawber Beekay Private Ltd, which is into the waste-to-energy segment said it had bagged three Green Coal projects from NTPC in Noida (Uttar Pradesh), Bhopal (Madhya Pradesh), and…

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Business