NTPC Green Energy to Raise Up to Rs 9,000 cr Term Loan Updated On Wed, Feb 22nd, 2023 by Saurenergy NTPC Green Energy Ltd (NGEL), an NTPC subsidiary, has invited bids for a term loan of up to Rs 9,000 crore in Indian Rupee denomination. As per the bid document, NGEL intends to raise fresh debt and the funds collected will be used to repay outstanding liability of Rs 8,200 crore towards NTPC by March […] Read more
NTPC, HPCL Sign Deal To Develop Renewable Energy Together Updated On Thu, Jan 5th, 2023 by Saurenergy NTPC Green Energy Ltd (NGEL) has signed a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Ltd (HPCL) in New Delhi for development of renewable energy based power projects to tap business opportunities in renewable energy and supply of 400 MW round the clock renewable power for requirements of HPCL. The official statement of the […] Read more
NTPC Trading Arm Invites EOI For RTC Green Power Updated On Fri, Sep 2nd, 2022 by Saurenergy NTPC Vidyut Vyapar Nigam Limited, a power trading subsidiary of NTPC Limited, has invited expressions of interest from renewable energy developers for round the clock (RTC) power supply for the medium to long term. The latest tender indicates the pace at which demand for green RTC power is going up, as utilities look to ensure […] Read more
NTPC Plans to Raise Rs 5000 Crore From Sale In Renewable Firm Continues On Track Updated On Mon, Jul 11th, 2022 by Saurenergy State-owned National Thermal Power Corporation (NTPC) plans for a stake sale in its green arm in October this year seem to be moving on schedule. The power giant plans to raise upto Rs 5,000 crore through a stake sale while retaining control over the firm. The power major has begun to collect inputs from sovereign […] Read more
NTPC Hopes To Raise Rs 2,000 crore From Stake Sale In NGEL Updated On Thu, May 5th, 2022 by Saurenergy State owned National Thermal Power Corporation (NTPC) is planning to sell a stake in its subsidiary NTPC Green Energy (NGEL) that was formed to develop renewable energy projects. NTPC is expected to raise about Rs 2,000 crore from the sale of the stake. The corporation has earlier indicated that the sale was likely by October […] Read more
