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NTPC Board okays acquisition of govt stake in NEEPCO, THDC

New Delhi, Jan 27 () State-owned power giant NTPC on Monday said its board has given in-principal a…

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Govt raises Rs 11,500 cr from strategic sale of THDC, NEEPCO to NTPC

"DIPAM completed two more strategic disinvestment transactions. GoI's 74.49 per cent stake in THDC…

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Govt Considering To Merge All State-run Hydropower Firms

The government is planning to create public sector energy giants with an enomous restructuring exer…

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Two of RPower's subsidiaries settle ₹1,023-crore debt

, Reliance Power on Wednesday said its two subsidiaries have settled debt worth Rs 1,023 crore with…

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Govt raises Rs 13,883 cr from strategic sale of THDCIL, NEEPCO, Kamrajar Port

"DIPAM completed two more strategic disinvestment transactions. GOI's 74.49 per cent stake in THDC…

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NTPC signs share purchase pacts to acquire govt stakes in THDCIL, NEEPCO for Rs 11,500 cr

NTPC has entered into share purchase agreements (SPAs) with the central government to acquire its …

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

The source further said that NTPC is awaiting evaluation of the deal by SBI Capital.

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Govt keen to sell stake in THDCIL, NEEPCO to NTPC this fiscal

In November last year, the Cabinet Committee on Economic Affairs (CCEA) had approved a proposal of …

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Business advisory

New Delhi, Jan 26 () Following are the top business stories to be released on Sunday:-

BIZ-TAX…

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India's top bureaucrats are meeting today to discuss Air India stake sale plan

The Narendra Modi government is striving to sell Air India to a private player after failing to fin…

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FY20 disinvestment mop-up at Rs 50,298 cr, govt misses RE target

In the financial year 2016-17, the government had missed the budgeted disinvestment target. While …

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Coronavirus: Govt may miss tax, disinvestment mop-up targets this fiscal

As the impact of coronavirus is widely expected to stay till June-end, officials expect mop-up fro…

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BPCL divestment opens up to mixed reactions, but the company’s shares takes a hit

The government will be selling its 53.29% stake in BPCL to a strategic buyer, also giving up man…

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Discoms' outstanding dues to power gencos rise nearly 50 pc to Rs 88,177 cr in Dec

Among the central public sector power generators, NTPC alone has an overdue amount of Rs 15,695.65 …

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Discoms' outstanding dues to power gencos rise nearly 32 pc to Rs 88,311 cr in Jan

The central government has given three months moratorium to discoms for paying dues to power genera…

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Need to see how divestment process can move fast, says offficial

Mumbai, Dec 16 () The government's divestment target of Rs 1.05 lakh crore for 2019-20 is important…

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Business Highlights

New Delhi, Jan 26 () Following are the top business stories at 2100 hours:-

DEL7 BIZ-TAX-RELIEF…

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NTPC likely to issue green bonds to raise funds for THDCIL, NEEPCO acquisition

New Delhi, Nov 24 () State-run power giant NTPC is likely to raise around Rs 10,000 crore through g…

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Discoms' outstanding dues to power gencos rise 45 pc to Rs 81,085 cr in Nov

New Delhi, Jan 5 () Power producers' total outstanding dues owed by distribution companies increase…

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Discoms' outstanding dues to power gencos rise 48 pc to Rs 81,010 crore in October

New Delhi, Dec 15 () Power producers' total outstanding dues owed by distribution companies rose ar…

PTI