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  • Exclusive | NHPC needs Rs 11,000 crore for mega hydropower merger plan

    The company said it has limited resources and may have to turn to the government to acquire the two smaller hydel companies.

  • NTPC chalks out Rs 15,000 crore divestment plan, to list arms NTPC REL, NEEPCO, NVVNL

    The source stated that besides listing of the three firms, the plan to meet its divestment target of Rs 1,5000 crore also includes sale of its stake in NTPC-SAIL Power Company Ltd (NSPCL), which is expected this fiscal year.

  • NTPC may not conclude THDCIL, NEEPCO acquisition deal this fiscal: Source

    The government was keen to complete the transaction in the ongoing fiscal so as to meet its overall disinvestment target of Rs 1.05 lakh crore for the 2019-20 fiscal.

  • Govt may raise Rs 30K cr from THDCIL, NEEPCO, land sale in FY20

    The land and stake sale is expected to be completed by FY20-end

  • NEEPCO to generate 2,000 MW by end-2017

    With three projects in the pipeline, the North Eastern Electric Power Corporation Ltd (NEEPCO) is expected to generate 2,000 MW by the end of the year, Chairman and Managing Director A G West Kharkongor said today.

  • Power PSUs capex to rise nearly 7% at Rs 54,910cr in FY16

    During the next financial year, NTPC has earmarked a capex of Rs 23,000 crore to finance its ongoing and future projects along with meeting its capital requirements.

  • National interest top agenda if hydro power cos merged:NHPC

    The power ministry may call for a meeting to discuss the possibility of merging all state-owned hydro electric units to create one single merged entity. ABL Srivastava, Director-Finance, NHPC shares his views on the same.

  • 9 power PSUs to donate Rs 25 cr for Uttarakhand relief

    The decision was taken at a meeting chaired by Power Minister Jyotiraditya Scindia with CMDs of public sector power firms.

  • Govt to offload equity in HCL, 2 other PSUs in April-June

    Seeking to avoid bunching of PSU stake sales towards the end of this fiscal, government has decided to kick off disinvestment programme in the April-June quarter of 2013-14 by offloading equity in Hindustan Copper (HCL), THDCIL and NEEPCO.

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