CBI team to leave for UK to probe NTPC kickback case

A CBI team will go to the UK to get details about the bank account of an
Indian firm alleged to have received about Rs 120 crore as kickback from a Russian company for providing consultancy for a NTPC project.

Ambani gas row: Govt files affidavit in SC

Government today filed its affidavit in the Supreme Court on the ongoing gas row between the Ambani brothers saying that the arrangement for public sector NTPC cannot be equated with any agreement between RIL and RNRL.

Disinvestment of REC, NTPC, SJVN to be completed by March: FM

Disinvestment in NTPC, REC and SJVN would be completed during current financial yr while process of selling stake in other profit-making PSUs is already underway.

NTPC scouts for more coal blocks in Indonesia

State-run NTPC today said it has identified three more coal blocks in Indonesia for acquisition.

NTPC kickbacks case: Court`s no to firm`s plea for defreezing a/c

A Delhi Court has refused to order defreezing of a UK bank account of a consultancy firm accused of receiving USD 20.07 million in kickbacks from a Russian firm for securing a Rs 2,066 crore contract from NTPC.

Nitish for fast CBI probe into NTPC `kickbacks`

Bihar Chief Minister Nitish Kumar on Wednesday demanded the Centre order the CBI to ensure speedy probe into the alleged multi-crore rupees kickbacks paid by a Russian company in a NTPC project in the state.

Govt considering to cancel NTPC`s Rs 2K-cr order to TPE

In the face of alleged multi-crore rupee kickback, which is being probed by CBI, the government is considering cancelling power PSU NTPC`s Rs 2,000-crore contract with a Russian equipment firm.

NTPC seeks govt direction for RIL at contracted price

NTPC has asked the government for allocation of natural gas from RIL at a price of USD 2.34 per mmBtu, pending the outcome of its court case against the Mukesh Ambani-led firm on the issue.

Five Indian cos among top 15 Asian energy companies

Five Indian companies are among the top 15 Asian energy companies, racing past China which had three companies in the list, according to Platts, a global provider of energy and commodities information.

NTPC working on coal mines allotted by govt

Power firm NTPC on Sunday said it is
developing coal mines allotted to it for captive use and added
that it takes 6-7 years to harness a mine even by international standards.

NTPC stake sale to fetch govt over Rs 8,100 crore

The government Friday said it is expecting to raise about Rs 8,100 crore from the five per cent stake sale in power PSU NTPC through a Follow-on Public Offer (FPO).

HC directs RIL to amend petition against NTPC in two weeks

The Bombay High Court on Wednesday directed Mukesh Ambani-led RIL to carry out amendments in its petition against PSU NTPC on a gas supply deal within two weeks.

NTPC starts getting gas from RIL`s KG D-6 fields

State-run power utility NTPC on Sunday started receiving natural gas from Reliance Industries` eastern offshore KG D-6 fields at the government-approved price of USD 4.2 per mmBtu price.

Gas supply to NTPC from KG basin to start soon

More than a month after it signed the contract for buying gas from Reliance Industries, state power utility NTPC Ltd is likely to finally begin drawing the fuel from KG basin field from this week.

NTPC Q2 Net at 2,151.95 cr

State-owned NTPC on Friday posted
1.96 per cent rise in its net profit to Rs 2,151.95 crore for
the quarter ended September 30.

NTPC posts Rs 2,151.95 cr profit in Q2

State-run power producer NTPC on Friday reported a marginal rise of 1.96 per cent in its net profit to Rs 2,151.95 crore for the second quarter ended September 30.

NTPC rises 4% after govt`s nod for stake sale

Shares of state-run power producer
NTPC on Tuesday climbed over four per cent on the Bombay Stock
Exchange in morning trade, a day after the government approved
a 5 per cent stake sale in the company.

Govt to sell stake in NTPC, more PSUs on the block

Continuing with the its agenda of PSU divestment, CCEA on Monday, gave a green signal to divest a further 5 percent stake in NTPC.

NTPC, Coal India to form JV to develop coal mines

State-owned NTPC and Coal India would form a 50:50 joint venture to develop coal mines for feeding the power major`s Farakka and Kahalgaon thermal projects.

RIL asks govt to re-allocate NTPC`s gas

Turning the heat on NTPC,
Reliance Industries has asked the govt to re-allocate
the gas.