NTPC halts FGD work at 5 plants after government exemption; 7 GW projects hit
has asked Bharat Heavy Electricals Ltd (
BHEL
) to halt installation of
flue-gas desulphurisation
(FGD) systems at five under-construction
coal-fired power plants
days after the government exempted most thermal power plants from FGD requirement.
The stop work request covers Lara-II, Singrauli-III, Sipat-III, Darlipalli-II, and Telangana-II plants. This translates into desulphurisation works being stalled on projects with over 7 GW capacity that are under construction. "Considering the recent notification issued by the Ministry of Environment, Forest and Climate Change, BHEL is requested to keep all activities related to FGD for the aforementioned projects on hold until further communication," NTPC said in a communication to BHEL.
Explore courses from Top Institutes in
Select a Course Category
Digital Marketing
Cybersecurity
Project Management
PGDM
Design Thinking
Management
Product Management
healthcare
CXO
Data Science
Healthcare
Data Science
Technology
Degree
others
MCA
Public Policy
Artificial Intelligence
Operations Management
Data Analytics
Others
Finance
MBA
Leadership
Skills you'll gain:
Digital Marketing Strategies
Customer Journey Mapping
Paid Advertising Campaign Management
Emerging Technologies in Digital Marketing
Duration:
12 Weeks
Indian School of Business
Digital Marketing and Analytics
Starts on
May 14, 2024
Get Details
Skills you'll gain:
Digital Marketing Strategy
Search Engine Optimization (SEO) & Content Marketing
Social Media Marketing & Advertising
Data Analytics & Measurement
Duration:
24 Weeks
Indian School of Business
Professional Certificate Programme in Digital Marketing
Starts on
Jun 26, 2024
Get Details
The ministry in a gazette notification on July 11 exempted coal-fired power plants outside a 10-km radius of populated and polluted cities from a 2015 mandate to install FGD systems in phases. BHEL is the country's primary supplier of FGD systems, which remove sulphur dioxide from the plants' exhaust gases.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
These WhatsApp hacks are going viral in India
Learn More
Undo
"BHEL has some foreign collaborators in FGD projects and may seek compensation from NTPC for the stop work order," an official aware of the NTPC letter told ET.
NTPC had floated several tenders and installed, or is in the process of installing, multiple FGD systems after a 2015 directive made them mandatory for all coal-based plants to meet revised environmental standards.
Live Events
Mails sent to NTPC and BHEL remained unanswered till the time of publishing.
As of February, 537 thermal units totalling 204 GW capacity were identified for installation of FGDs. Of them, installation was completed in 49 units, while contracts were awarded or were under implementation in 211 units. Another 180 units were under various stages of the tendering process, according to the government.
CareEdge Ratings said the FGD exemption for the majority of the plants, with 145 GW capacity, is positive for private companies or independent power producers, as it is a costly pollution control system.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
an hour ago
- Time of India
Nifty support levels at 24,900 seen crucial: Analysts
After slipping below the psychological 25,000-mark last week, the Nifty is now trading near a crucial support zone around 24,900–24,930. Analysts note that this area holds key technical significance, with multiple indicators converging near this range. A decisive close below 24,900 could trigger a deeper correction, dragging the index toward 24,500 or even lower, while a rebound could face stiff resistance near 25,200–25,300. NAGARAJ SHETTI SENIOR TECHNICAL RESEARCH ANALYST, HDFC SECURITIES Explore courses from Top Institutes in Select a Course Category Digital Marketing Design Thinking Data Analytics Data Science Others MCA MBA Operations Management Leadership Artificial Intelligence PGDM Healthcare CXO Degree Finance Management Project Management Cybersecurity others Technology Data Science Product Management Public Policy healthcare Skills you'll gain: Digital Marketing Strategy Search Engine Optimization (SEO) & Content Marketing Social Media Marketing & Advertising Data Analytics & Measurement Duration: 24 Weeks Indian School of Business Professional Certificate Programme in Digital Marketing Starts on Jun 26, 2024 Get Details Skills you'll gain: Digital Marketing Strategies Customer Journey Mapping Paid Advertising Campaign Management Emerging Technologies in Digital Marketing Duration: 12 Weeks Indian School of Business Digital Marketing and Analytics Starts on May 14, 2024 Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo Where is Nifty headed this week? A negative candle was formed on the daily chart on Friday, indicating an attempt to break down below immediate support. On the weekly chart, Nifty formed a third consecutive bearish candle. The previous decisive upside breakout from last month's larger range has been negated as Nifty slipped below the crucial 25,000 mark. There is a probability of Nifty sliding down to the next important support at 24,500 in the coming week. Any pullback rally could encounter strong hurdles around 25,200. Trading strategies for the week: With markets in a downtrend, fresh short positions are advised in the index and select stocks. Any pullback rally towards 25,200 could present a sell-on-rise opportunity. Partial profit-booking may be considered around the downside target of 24,500 in the next 1–2 weeks. However, any sharp bounce above 25,250 could be a red flag for shorts and an opportunity to square off. Shorts can be created in Bank Nifty, infrastructure, public sector enterprises, energy, and IT sectors. Some stocks with a negative bias include Axis Bank, Federal Bank, CG Power and Industrial Solutions, Samvardhana Motherson International, Hindustan Petroleum Corporation, Bharat Petroleum Corporation, Infosys, LTIMindtree, Coforge, and Power Finance Corporation. Agencies Live Events SACCHITANAND UTTEKAR VP, RESEARCH, TRADEBULLS SECURITIES Where is Nifty headed this week? Last week, the Nifty slipped below its crucial 5-week EMA support of 25,130 for the first time in nearly four months, making this a key resistance level going forward. The weekly ADX remains flat at 21, and RSI holds steady at 56, reflecting indecision. Notably, the last three weeks' price action is contained within the weekly candle ended June 27, forming a potential 'rising three' continuation pattern, with confirmation above 25,255. On the daily chart, Nifty is trending near a vital support zone: the 50-DEMA at 24,930, Fibonacci supports at 24,920 (61.8%) and 24,800 (78.6%), and 5-month EMA at 24,680. These suggest likely rebound if Nifty sustains above 24,930 on closing basis. A sustained breach below this may lead to deeper retracement toward 20-week EMA near 24,540. Trading strategies for the week: Retaining buy-on-dips strategy is ideal, with aggressive longs to be considered above 25,550, a key breakout level. If correction deepens, it should be viewed as an opportunity for staggered accumulation at key support levels. Top picks are SBI, Bajaj Fin, Hero MotoCorp, Torrent Pharma, Coal India, NMDC, Tata Steel, UltraTech, Dalmia Bharat, Alkem Labs, Tata Power, Varun Beverages, Tata Consumer. MEHUL KOTHARI DEPUTY VICE PRESIDENT, TECHNICAL RESEARCH, ANAND RATHI SHARES AND STOCK BROKERS Where is Nifty headed this week? Nifty ended the week on a weak note after breaching the psychological 25,000 mark and closing near a crucial rising trendline support. While this signals shortterm weakness, a decisive move below 24,900 would confirm an extended correction. Without such a move, a quick pullback above 25,000 could occur, but this may only be a temporary bounce. The broader structure remains tricky, and unless the 25,800 resistance—a key supply zone—is taken out, the market is unlikely to resume a sustained uptrend. Trading strategies for the week: Given the uncertain backdrop, traders should remain cautious and avoid aggressive positions. Sustainable long trades should only be considered above 25,800, which would signal strength returning to the broader trend. In Bank Nifty, weakness continues as long as it stays below 57,000, with breakdown possibilities below 56,000 that could drag it toward 54,500–54,000. Meaningful allocations should wait until the market breaks out of this indecisive range with conviction.
Time of India
2 hours ago
- Time of India
Beloved Brazilian singer Preta Gil dies of cancer days before returning home from US
Preta Gil , a renowned Brazilian singer , activist, and daughter of music legend Gilberto Gil , died on July 20, 2025, in the United States at the age of 50. She passed away due to complications related to rectal cancer , which was first diagnosed in January 2023. She had been undergoing treatment at Memorial Sloan Kettering Cancer Center in New York and was preparing to return to Brazil. However, she fell ill on the way to the airport and was rushed back to the hospital, where she died. Explore courses from Top Institutes in Select a Course Category Digital Marketing others Public Policy Data Analytics Artificial Intelligence MBA Leadership Product Management Finance MCA Data Science Cybersecurity Management healthcare Operations Management Degree Technology Others Data Science Project Management CXO Design Thinking PGDM Healthcare Skills you'll gain: Digital Marketing Strategy Search Engine Optimization (SEO) & Content Marketing Social Media Marketing & Advertising Data Analytics & Measurement Duration: 24 Weeks Indian School of Business Professional Certificate Programme in Digital Marketing Starts on Jun 26, 2024 Get Details Skills you'll gain: Digital Marketing Strategies Customer Journey Mapping Paid Advertising Campaign Management Emerging Technologies in Digital Marketing Duration: 12 Weeks Indian School of Business Digital Marketing and Analytics Starts on May 14, 2024 Get Details Preta was diagnosed with adenocarcinoma, a type of cancer , in 2023.. She underwent surgery, chemotherapy, and radiotherapy in Brazil. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play this game for 3 minutes, if you own a mouse After a brief remission, the cancer returned in 2024, affecting her lymph nodes, peritoneum, and ureter. In May 2025, she moved to the US for advanced treatment. She had been hospitalized for 55 days earlier this year. Legacy of music and activism Live Events Preta Gil was known for blending pop, axé, and MPB in her music. Albums like Prêt-à-Porter (2003), Preta (2005), and Sou Como Sou (2012) made her a beloved figure in Brazilian music. She also appeared in Brazilian TV shows and soap operas. Beyond her artistic work, she was a vocal advocate for women's rights, racial equality, LGBTQ+ rights, and body positivity. She openly shared her cancer journey, including using an ileostomy bag, helping to break taboos and inspire others. Daughter of a cultural icon Preta was the daughter of Gilberto Gil, a celebrated Brazilian musician and former Minister of Culture. She was the fourth of his eight children and the goddaughter of legendary singer Gal Costa. She often called composer Caetano Veloso 'uncle.' Preta leaves behind her son Francisco, 28, and granddaughter Sol de Maria, 7. Friends, fans, and fellow artists have paid tribute to her resilience, warmth, and legacy.
Time of India
2 hours ago
- Time of India
FIIs' bearish derivatives bets on India surge to a 5-month high
Mumbai: Overseas fund managers ' bearish derivative bets on India are at a five month-high as simmering uncertainties around tariffs and rich share valuations have made them wary about the market's near-term prospects. The long-short ratio-a market sentiment indicator that compares the number of traders betting on a rise in prices (long positions) to those betting on a fall (short)-based on foreigners' derivative positions stood at 15% on Friday-lowest since February 21. Explore courses from Top Institutes in Select a Course Category Leadership Digital Marketing Cybersecurity others Data Science Product Management PGDM healthcare Project Management Data Analytics Degree Management Artificial Intelligence Technology Healthcare MCA CXO Others Operations Management Data Science MBA Public Policy Design Thinking Finance Skills you'll gain: Duration: 12 Months IIM Kozhikode Advanced Strategic Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Indore Executive Programme in Business Management Starts on undefined Get Details Skills you'll gain: Duration: 12 Weeks IIM Kozhikode CERT-IIMK EPIS Async India Starts on undefined Get Details Skills you'll gain: Financial Accounting & Analysis Financial Instruments & Markets Corporate Finance & Valuation Investment Management & Banking Duration: 12 Months IIM Kozhikode IIMK Professional Certificate in Financial Analysis and Financial Management Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML SLP India Starts on undefined Get Details Skills you'll gain: Critical Thinking & Decision-Making Skills Power of Emerging Technologies Innovation and Drive Organizational Change Fostering a Culture of Innovation Duration: 9 Months MIT xPRO MIT Technology Leadership and Innovation Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK-Women Leadership Programme INDIA Starts on undefined Get Details Skills you'll gain: Strategic Thinking & Planning Competitive Advantage & Market Positioning Strategic Leadership & Decision-Making Change Management & Organizational Transformation Duration: 1 Year IIM Kozhikode IIMK Advanced Strategic Management Programme Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 22 Weeks Indian School of Business SEPO - ISB Venture Capital & Private Equity India Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Senior Management Programme Starts on undefined Get Details Skills you'll gain: Opportunities & Outlining Plans to use AI & ML Applying Data-Driven Business Innovation Best Practices Changing Culture to Integrate AI-Enabled Technologies Ethics, Privacy and Regulations in AI & ML Duration: 20 Weeks Indian School of Business ISB Leadership in AI Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 18 Weeks 109820388 Strategic Marketing for Leaders: Leveraging AI for Growth Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode SEPO - IIMK CEO Programme India Starts on undefined Get Details Lower ratio reflects an aggressive build-up of short positions and a cautious near-term outlook from institutional investors, said Sudeep Shah, head, technical and derivative research at SBI Securities. The ratio has sharply dropped from 36.7% at beginning of July, and from 20.2% at end of previous week, indicated data from SBI Securities. "Global trade tariff-related uncertainty amid fresh tariff threat by US to BRICS members and fresh tariff letters to many countries across the globe, along with muted quarterly numbers are the key reasons behind the recent fall in FIIs' long-short ratio ," said Vipin Kumar, assistant VP of derivatives and technical research at Globe Capital Market. The long-short ratio of foreign portfolio investors' bets was between 10% and 20% late last year and early in 2025, when the sentiment was a lot more bearish. Nifty and Sensex, which gained about 13% in over three months, declined nearly 1% each, marking their third straight weekly drop after a weak set of earnings by some banks and IT companies contributed to the weakness. Nifty ended at 24,968.4 levels on Friday, below the 25,000 mark for the first time since June 23. In July, FPIs have net sold Rs 17,000 crore after buying Rs 7,500 crore in June and Rs 11,770 crore in May. Last week, Citi downgraded India to 'neutral' from 'overweight', citing elevated valuations and a moderation in earnings growth forecasts. Jefferies' global equity strategist Chris Wood said markets are celebrating the 'AI capital expenditure trade' while ignoring risks from US President Donald Trump's renewed tariff agenda. While technical charts are pointing to weakness in the stock market in the near-term, an extremely low reading of the long-short ratio is often taken as a signal that the worst is over. 'It's worth noting that historically (6 times since January 2022), whenever the FII longshort ratio drops below the 15% mark, markets often witness a limited downside, as excessive pessimism tends to set the stage for short-covering rallies or a reversal in sentiment,' said Shah. It will be important for the Nifty to stay above 24,800 for the sentiment to turn positive. 'Nifty's decisive close below 24,800 spot levels will be a negative development that might take it down towards 24,000 spot levels in near term, said Kumar. 'Although that will provide a fresh entry point for swing traders and value buyers,' he said.
