NTPC for fee-based operator model

FPJ BureauUpdated: Thursday, May 30, 2019, 02:20 AM IST
article-image

Mumbai : State-run power producer NTPC Ltd has altered its original plan of taking over stressed power plants in the private sector and now plans to offer fee-based management services, a top official of the company has said.

 “For the stressed power plants that are still under implementation, NTPC intends to assist the banks in completing construction of these projects,” NTPC Director, Finance, K Biswal said.

(To receive our E-paper on whatsapp daily, please click here. To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

Zerodha encourages employees to invest in health, offers Rs10 lakh reward for losing weight

Zerodha encourages employees to invest in health, offers Rs10 lakh reward for losing weight

Corporate salaries to go up by 10.4% in India, while attrition and unemployment remain high

Corporate salaries to go up by 10.4% in India, while attrition and unemployment remain high

What exactly is ‘quiet quitting’? Sign of laziness or push back against burnout caused by hustle...

What exactly is ‘quiet quitting’? Sign of laziness or push back against burnout caused by hustle...

63 moons to discontinue tech support to MCX after Sep 30

63 moons to discontinue tech support to MCX after Sep 30

Sensex closes 953 points lower with double whammy from inflation and recession, Rupee hits record...

Sensex closes 953 points lower with double whammy from inflation and recession, Rupee hits record...