NTPC in talks to buy South African coal block

State-run NTPC said on Tuesday that it may
buy a coal asset in South Africa to feed its expanding
capacity and is in intial stages of discussion for the buyout
deal.

`RNRL`s intervention will weaken NTPC`s case against RIL`

Reliance Industries on Monday said
Anil Ambani Group firm RNRL`s intervention in its legal row
with power PSU NTPC over gas supply will weaken the state-run
company`s case.

Seven of top-10 cos add Rs 81k cr in m-cap; NTPC loses most

As many as seven of the top-10 firms added more than Rs 81,000 crore to their market capitalisation during the week, while three state-run companies -- NMDC, NTPC and ONGC -- saw erosion in their valuation.

Govt to divest 5% stake in NTPC by year-end

The government on Thursday said it
would divest about five per cent of its stake in state-run
power firm NTPC by the end of this financial year.

Gas at $2.34 to help users save Rs 32k cr in bills: NTPC

State-run power utility NTPC on Wednesday
accused Mukesh Ambani-led RIL of seeking unilateral changes in
a 2004 gas supply contract and said that gas at the contracted
price would help consumers save Rs 32,000 crore.

NTPC`s petition in SC with ministers` understanding: Moily

State-run power utility NTPC`s petition in Supreme Court against Reliance Industries over a gas dispute has the full backing of a ministerial panel on natural gas, Law Minister Veerappa Moily said on Tuesday.

RIL says it signed gas contract, only NTPC did not

Reliance Industries has said that
it had in December 2005 signed a contract to sell natural gas
to NTPC at USD 2.34 per mmBtu price for 17 years, but it was
the state-run firm that did not reciprocate.

NTPC not to implead in RIL-RNRL case: Power Ministry

A day after the govt moved an
application in the Supreme Court with the twin aims of protecting its own and NTPC`s interests in the Ambani gas row, the Power Ministry said the state-run firm will not file
a separate plea.

NTPC not signing gas purchase agreement: RIL to PowerMin

Reliance Industries has complained
to Power Ministry about NTPC`s reluctance to sign an agreement
to buy gas from it and said that the power PSU stands to lose
Rs 15,000 crore if it imports LNG.

NTPC, REC to come up with FPO by fiscal-end

The government on Wednesday said state-run power utilities NTPC and REC will come up with Follow-on Public Offer by the end of this fiscal.

NTPC to bid in NELP-VIII, scouts for partner

After winning an oil exploration
block in 2005, state-run power producer NTPC is gearing up to participate in the eighth round of auction of oil and gas exploration blocks under NELP.

NTPC FPO next fiscal, govt to divest 10 percent

With improvement in the stock market, the government is looking at divesting another 10 percent stake in the largest power generation company NTPC, which may also raise fresh equity to part finance its expansion programme.

Centre allots Rs 6,000 cr NTPC-BHEL unit to AP

Ending months of suspense, the Government of India has finally allotted the Rs 6,000 crore power projects equipment manufacturing unit of the NTPC-BHEL to Andhra Pradesh.

Hearing in RIL-RNRL gas dispute may be deferred to Sep 4

The Supreme Court is likely to
defer the gas dispute between Mukesh Ambani group firm RIL and
Anil Ambani group company RNRL to September four, as the Chief
Justice may lead a Constitutional Bench the same day.

NTPC misleading the govt on gas price: RIL to Oil Ministry

Mukesh Ambani-led RIL on Thursday hit
at state owned NTPC for "misleading" the government by saying
that it was not aware of the condition that the price of gas
to be supplied to it was subject to Centre`s approval.

ADAG welcomes Govt`s move to secure NTPC interests

RNRL on Tuesday welcomed the govt`s move to protect NTPC`s interest on sourcing gas from Reliance Industries, saying effective legal steps will defeat the Mukesh Ambani firm`s "malafide attempts to dishonour" its commitment.

PM to lay foundation of NTPC-BHEL plant in Andhra

Prime Minister Manmohan Singh
will lay the foundation for the Rs 6,000-crore NTPC-BHEL power
plant equipment manufacturing facility at Mannavaram in
Chittoor district of Andhra Pradesh on September 6.

NTPC plans to build Rs 25,000 cr power plant in Iran

State-owned power utility NTPC is planning to build a power plant in Iran worth Rs.25,000 crore (Rs.250 billion/$5 billion), Power Secretary HS Brahma said here on Tuesday.

Ministerial group decides to take NTPC`s concerns on board

A panel of ministers on Tuesday believed to have decided to incorporate in the government`s petition before Supreme Court, power PSU NTPC`s claim for natural gas from Mukesh Ambani-led RIL at a price committed in 2004.

NTPC to file SLP in SC for RIL gas this week

NTPC will file an SLP in SC this week for procuring gas from KG-D6 at a contracted price of $2.34/mmBtu.