Free Press Journal
  • Panel seeks ARC for power companies’ stressed assets

    New Delhi : A panel headed by Sunil Mehta, non-executive chairman of Punjab National Bank, may suggest that stressed assets in the power sector should be resolved by a new asset reconstruction company, a senior government official said.

  • States owe Rs 31k-cr to power producers

    UP, Telangana, Tamil Nadu, Maharashtra and Karnataka account for 61% of the total dues to power producers

  • NTPC Q4 net profit jumps 41% to Rs 2,926 crore

    New Delhi: State-run power major NTPC today posted a 40.69 per cent jump in its standalone net profit at Rs 2,925.59 crore for the March 2018 quarter, mainly on the back of higher revenues. The company’s standalone net profit was Rs 2,079.40 crore in the corresponding quarter a year ago, NTPC said in a BSE filing.

  • Clean India should be social objective: Power Minister R K Singh

    “NTPC has been at the forefront of agro residue and municipal solid waste management, to give the capital and NCR cleaner air. NTPC proactively ran a pilot project to use bio- mass for power generation, which proved that bio-mass conversion into power is a viable solution to better air quality. The intent is to generate power while keeping India’s environment healthy while we contribute to the Swachh Bharat programme,” R K Singh,

  • Sensex turns rangebound; Nifty above 10,500 

    Mumbai: The BSE Sensex pared morning gains to turn rangebound amid losses on IT, pharma and auto counters, and mixed Asian cues. The 30-share index was trading higher at 34,317.73 at 1200 Hrs, with a gain of 12.30 points, or 0.04 per cent. The broader Nifty50 index was also trading above 10,500-level at 10,526.10, up 2.25 points or 0.02 per cent.

  • Sensex slips 130 pts on weak global cues, Nifty tests 10,300

    Mumbai: The benchmark BSE Sensex fell over 130 points in early trade today amid weak Asian cues and selling on oil & gas, metals, power, PSU and IT counters. Brokers said persistent selling by investors and capital outflows by foreign funds and a weak trend in Asian bourses, due to increased concerns over the prospect of a global trade war, dampened market sentiment.

  • Global miners to see limited opportunity

    Mumbai : India’s decision on Tuesday to allow private companies to mine coal for commercial use, without pricing or end-use restrictions, may not spawn huge business opportunities for global mining giants Peabody Energy, BHP Billiton or Rio Tinto.

  • Bhopal: Rewa Solar Power Plant loses ‘biggest’ tag

    Bhopal: The state government has been claiming that Rewa Ultra Mega Solar Power Plant is the “world biggest solar plant”. But due to a time overrun of around two and a half years it has lost that status, for in the meanwhile, the NTPC has decided to set up a 1000 MW solar power plant in Andhra Pradesh. The plant, coming up at Anantpur in Andhra Pradesh will now be the biggest

  • Centre draws up plans to buy stubble to save Delhi from smog

    New Delhi : The Centre is drawing up a plan to buy the crop stubble from farmers in Punjab, Haryana and Uttar Pradesh to prevent them from burning it and aid in alleviating the smog problem in the capital.

  • NTPC explosion toll rises to 29; Opposition demands judicial probe

    Rae Bareli: The death toll in the NTPC plant explosion climbed to 29 as nine people including a top officer of the corporation died during treatment today, even as Congress vice-president Rahul Gandhi and other opposition leaders descended on the accident site and demanded a judicial probe.

  • NTPC explosion: Rahul Gandhi visits accident site in Rae Bareli, Congress seeks judicial probe

    Rae Bareli: Congress vice president Rahul Gandhi today met the workers injured in the boiler explosion at the NTPC plant here as his party demanded that a judicial inquiry be ordered into the incident that left 26 persons dead. Taking a break from his Gujarat election tour, the Congress vice president visited the Gandhi family pocket-borough Rae Bareli to meet those injured in the explosion and said his party

  • NTPC shuts Unchahar plant unit after blast claims 26 lives

    New Delhi, India’s largest power producer NTPC Ltd today said it has shut a 500 MW unit at its Unchahar coal-fired power station in Rae Bareli after an explosion killed 26 people and injured several others.