NTPC Considering To Set Up Subsidiary To Tap Global Opportunities

Anonymous User | Login

NTPC Considering To Set Up Subsidiary To Tap Global Opportunities

Published: 19-May-2009

NTPC Limited (NTPC) is considering to set up a subsidiary to look for opportunities abroad. NTPC, which has till now not been able to make much headway on its global aspirations, plans to set up power projects in Kazakhstan, and secure operations and maintenance (O&M) contracts in the US, Europe and Bangladesh. It also plans to acquire coal mines in Mozambique and Indonesia.

An NTPC executive said: “As of today, we are moving ahead for our overseas proposals on our own. Going forward, the formation of an overseas subsidiary cannot be negated. If there are more properties in the offing, and the present company board can’t give more time and provide strategic inputs, we will consider this option.”

“NTPC is looking for new prospects in coal overseas. This (proposed overseas) subsidiary will primarily take care of such opportunities,” a power ministry official said.

GAIL Signs GSPA With RIL For Purchase Of Gas From KG-D6 Fields In India

GAIL (India) Limited (GAIL) has signed a gas sales and purchase agreement (GSPA) with Reliance Industries Limited (RIL) for purchasing 2.6 million standard cubic meter pe ...

GOI Nods For INR400 Billion Power Equipment Order For NTPC, Damodar Valley

The Government of India (GoI), in a move to help overcome power shortage in the country, has approved a power equipment order that requires an estimated investment of IN ...

India Plans $10 Billion 6,000MW Gas-Fired Power Plant In Iran

The government of India is planning to construct a 6,000MW gas-fired power facility in Iran. The project also includes a 1,500 kilometres high voltage transmission link t ...

NTPC Signs Contract With GAIL For Supply Of R-LNG

NTPC Limited (NTPC) has signed a contract with GAIL (India) Limited (GAIL) for supply of 2.5 mscmd of re-gasified liquefied natural gas (R-LNG) at around $6/mBtu, Busines ...

NTPC To Build 460 MW Kolodyne Stage II Hydro Power Project In Mizoram

NTPC Limited (NTPC) inked an agreement with the Mizoram government for implementation of its first hydro power project in the northeast of India. Under the terms of the a ...

MNRE To Set Up Renewable Energy Company In India

Indian Ministry of New and Renewable Energy (MNRE) is planning to set up a company for producing power from renewable sources. The company will be 100% owned by the gover ...

Reliance Reports Q3 2008 Results

Reliance Infrastructure Limited (Reliance) has reported a total income of $27 million for the third quarter of 2008. It has also reported net profit of $22 million and ne ...

NTPC Declares Q3 Fiscal 2008/09 Results

NTPC Limited (NTPC) has declared net sales of INR112.7 billion for the third quarter of fiscal 2008/09, compared with net sales of INR93.3 billion in the year-ago quarter ...

RLEK Files Lawsuit Against Suspension Of Hydropower Projects In Uttarakhand

Rural Litigation and Entitlement Kendra (RLEK), a Dehra Dun-based Non Government Organization, has filed legal suit challenging the central government's decision to suspe ...

NTPC To Invest INR60 Billion To Build Two Wind Power Projects

NTPC Limited (NTPC) intends to invest INR60 billion to build two wind power projects of 500 megawatts (MW) each in Karnataka and Maharashtra, media reported. The company ...

Network Sites

Clean Technology Carbon Coal Fossil fuel Hydro Nuclear Refining and Petrochemicals Transportation and Storage Solar Utilities Network Utilities Retail Wind Biofuel Uranium and Plutonium Exploration and Development Drilling and Production

Mail sent successfully

Tell your friend about this article

Please enter a valid email address

Please enter your name

Please enter the mail body

Your Name: *

Your Email: *

Friend's Email: *

Email Body: *: I thought you would be interested in this article : http://fossilfuel.energy-business-review.com/news/ntpc_considering_to_set_up_subsidiary_to_tap_global_opportunities_090519/

Suppliers To This Sector

Browse A-Z

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

ABS Energy Research

Research Reports, Databases, Consulting and Analysis ...

Addleshaw Goddard

Energy and Utilities UK Law Firm ...

Advantech

Pioneer in eAutomation Technology ...

AGO AG

Energy Supply and Facilities ...

ATI Stellram

High-Performance Metal Cutting Tools ...

C5

Energy Industry Events ...

White Papers

Browse A-Z

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Related Companies

NTPC Limited

NTPC Limited (NTPC) is an independent power company. The company is engaged in the deve ...

CESC Limited

CESC Limited (CESC), a flagship company of RPG Enterprises, is engaged in generating an ...

Reliance Power Limited

Reliance Power Limited (Reliance Power) is engaged in developing, constructing and oper ...

Torrent Power Limited

Torrent Power Limited (Torrent Power) is an Indian company engaged in the business of g ...

Suppliers Product News

Addleshaw Goddard Closes £2.3bn of PFI & PPP Deals

Lawyers from Addleshaw Goddard's Manchester and Leeds projects teams together closed 13 major PPP and PFI deals across a range of sectors including housing, education, health and utilities, in an eight week period.

Addleshaw Goddard Advises Funders on Ground-Breaking £4 Billion Waste Deal

The Greater Manchester Waste Disposal Authority (GMWDA) has signed a 25-year private finance initiative (PFI) project that will trigger a £640 million construction programme over the next five years to divert more than 75% of waste in the North West of England away from landfill. The deal is worth approximately £4 billion and is the largest of its kind in Western Europe.

Addleshaw Goddard Banking Team in Key Financing Deal

UK law firm Addleshaw Goddard has advised Gate terminal BV on the approximately €745 million project financing of the first liquefied natural gas import terminal in the Netherlands.

Free Newsletter Sign-up

Sign up, and we will send you a free Energy Report on 'Energy Security Threats & Key Issues for Global Oil & Gas Industry' from GlobalData worth $750

NTPC Considering To Set Up Subsidiary To Tap Global Opportunities

Published: 19-May-2009

Related Articles

Network Sites

Mail sent successfully

Tell your friend about this article

Suppliers To This Sector

Research Reports, Databases, Consulting and Analysis ...

Energy and Utilities UK Law Firm ...

Pioneer in eAutomation Technology ...

Energy Supply and Facilities ...

High-Performance Metal Cutting Tools ...

Energy Industry Events ...

White Papers

Related Companies

NTPC Limited (NTPC) is an independent power company. The company is engaged in the deve ...

CESC Limited (CESC), a flagship company of RPG Enterprises, is engaged in generating an ...

Reliance Power Limited (Reliance Power) is engaged in developing, constructing and oper ...

Torrent Power Limited (Torrent Power) is an Indian company engaged in the business of g ...

Suppliers Product News

Lawyers from Addleshaw Goddard's Manchester and Leeds projects teams together closed 13 major PPP and PFI deals across a range of sectors including housing, education, health and utilities, in an eight week period.

UK law firm Addleshaw Goddard has advised Gate terminal BV on the approximately €745 million project financing of the first liquefied natural gas import terminal in the Netherlands.

Free Newsletter Sign-up

Business Review Sites: