Latest news with #NTPC
The Hindu
10 hours ago
- Business
- The Hindu
NLCIL wins 450 MW wind-solar hybrid power project from NTPC
NLC India Limited (NLCIL) has received a Letter of Award from National Thermal Power Corporation Limited (NTPC) for the establishment of a 450 MW Inter-State Transmission System (ISTS) connected Wind-Solar hybrid power project. This project is part of NTPC's plan to procure 1200 MW hybrid power under a Tariff-based Competitive Bidding Process, with a provision for an additional 600 MW under the Greenshoe option. NLCIL has emerged successful in securing 450 MW contracted capacity, reaffirming its growing role in India's renewable energy transition. According to NLCIL, the hybrid project is designed to ensure a minimum annual Capacity Utilisation Factor (CUF) of 30% prompting optimal integration of renewable resources while ensuring grid stability and reliability. Under the terms of the Power Purchase Agreement (PPA), the project is expected to commence power supply within 24 months and will operate for a contractual period of 25 years. NLCIL will also have the option to form a dedicated Special Purpose Vehicle (SPV) for the project implementation. According to Prasanna Kumar Motupalli, Chairman and Managing Director of NLCIL, 'This significant win from NTPC marks a major milestone in NLCIL's renewable energy journey. The 450 MW hybrid project not only strengthens the company's footprint in green energy but also symbolises our commitment to innovation and sustainability. NLCIL remains firmly aligned with the country's vision for a cleaner, greener future and is confident of delivering high-performance assets that contribute to long-term energy security. NLCIL is already establishing a 150 MW Wind-Solar hybrid project from Solar Energy Corporation of India Limited (SECI) at Gujarat and the current project will enhance the company's hybrid capacity to 600 MW in total. The Letter of Award reinforces NLCIL's strategic alignment with the Government of India's energy diversification and clean power objectives, and it marks another step towards the company's vision of achieving 10 GW of renewable energy capacity by 2030.
New Indian Express
18 hours ago
- Business
- New Indian Express
NLCIL to develop 450 MW wind-solar hybrid project
CUDDALORE: Neyveli Lignite Corporation India Limited (NLCIL) has received a Letter of Award (LoA) from the National Thermal Power Corporation Limited (NTPC) for developing a 450 MW Inter-State Transmission System (ISTS) connected Wind-Solar Hybrid Power Project. In a press statement released on Tuesday, NLCIL said the LoA is part of NTPC's initiative to procure 1200 MW of hybrid power under a Tariff-Based Competitive Bidding process, with a provision to extend it by an additional 600 MW under the Greenshoe option. 'NLCIL has emerged successful in securing 450 MW contracted capacity, reaffirming its growing role in India's renewable energy transition,' the statement said. The project is designed to deliver a minimum annual Capacity Utilization Factor (CUF) of 30%. It aims to integrate renewable resources while maintaining grid stability and reliability.
Economic Times
19 hours ago
- Business
- Economic Times
NTPC Share Price Live Updates: NTPC's Weekly Returns Hit 0.8%
02 Jul 2025 | 09:31:57 AM IST Discover the NTPC Stock Liveblog, your ultimate resource for real-time updates and insightful analysis on a prominent stock. Keep track of NTPC with the latest details, including: Last traded price 334.95, Market capitalization: 322511.12, Volume: 767956, Price-to-earnings ratio 13.77, Earnings per share 24.16. Our comprehensive coverage combines fundamental and technical indicators to provide you with a comprehensive view of NTPC's performance. Stay informed about breaking news that can sway NTPC's trajectory in the market. With our expert insights and stock recommendations, make well-informed financial decisions. Join us on this journey as we explore the exciting potential of NTPC. The data points are updated as on 09:31:57 AM IST, 02 Jul 2025 Show more
Time of India
20 hours ago
- Business
- Time of India
NTPC Share Price Live Updates: NTPC's Weekly Returns Hit 0.8%
Discover the NTPC Stock Liveblog, your ultimate resource for real-time updates and insightful analysis on a prominent stock. Keep track of NTPC with the latest details, including: Last traded price 332.8, Market capitalization: 322511.12, Volume: 51732, Price-to-earnings ratio 13.77, Earnings per share 24.16. Our comprehensive coverage combines fundamental and technical indicators to provide you with a comprehensive view of NTPC's performance. Stay informed about breaking news that can sway NTPC's trajectory in the market. With our expert insights and stock recommendations, make well-informed financial decisions. Join us on this journey as we explore the exciting potential of NTPC. The data points are updated as on 09:15:30 AM IST, 02 Jul 2025 Show more Show less
The Hindu
a day ago
- Business
- The Hindu
NTPC Ramagundam holds communication workshop on AI technology
NTPC Ramagundam has organised its first-ever communication workshop on Artificial Intelligence (AI) technology at EDC Millennium Hall in Ramagundam of Peddapalli district on Tuesday. According to a press release, the workshop was conducted under the leadership of NTPC Executive Director (Ramagundam & Telangana) Chandan Kumar Samanta. Noted social media entrepreneur, professor of digital marketing and author Kiruba Shankar was the guest speaker at the session. He shared deep insights on the transformative impact of AI in professional communication and digital strategies. In his inaugural address, Mr Samanta urged everyone to continuously update their knowledge and adapt to the evolving digital landscape to remain future-ready. Participants gained hands-on exposure to innovative tools and AI-based apps that have the potential to revolutionise workplace efficiency and communication.
