NTPC a stellar performer, Powering India’s Growth
Sep 21st, 2015 11:07 am | By ThenewsmanofIndia.com | Category: LATEST NEWS
A.K. Jha, CMD, NTPC , U. P. Pani, Director ( HR), S.C. Pandey, Director Projects , K. Biswal, Director Finance and K.K. Sharma, Director Operations interacted with Media persons today in New Delhi.
Speaking on the occasion A.K. Jha, CMD informed that NTPC is the largest power producer in India in terms of both installed capacity and generation, with aggregate installed capacity of 45,548 MW (including 39352 MW through directly owned units and 6,196 MW through Subsidiaries and Joint Ventures) as on September 10, 2015. In addition, the Company has a capacity of 23,004 MW which is under different phases of completion as on date.NTPC’s capacity excluding renewable but including capacity of Subsidiary and Joint Ventures represented market share of 18.77% of India’s total installed capacity and we generated 260.58 billion units of power, representing market share of 24.95% of India’s total power generation in fiscal 2015.
K. Biswal, Director ( Finance ) NTPC said that NTPC has a history of creating records in regard to tax free Bonds. Earlier issue in December 2013 was oversubscribed by 3.67 times and we had to pre-close the issue. NTPC has already issued Rs 300 crore on private placement basis to institutional investors which received an overwhelming response and the issue was oversubscribed by 7.25 times The issue opening date is 23rd September 2015, Wednesday.
The balance amount of Rs 700 crore is being raised through public issue. 40% i.e. Rs 280 crore is reserved for allocation to retail category. The issue is managed by 4 reputed Lead Managers – AK Capital, Edelweiss Financial, Axis Capital, SBI Capital and the consortium members – AK Stockmart, Edelweiss Securities, SBICAP Securities.The legal advisor to the issue is a leading legal firm – AZB & Partners. There are three tenures 10, 15 and 20 years. The investors are classified under two categories retail and non-retail. The non retail category consists of QIBs, Corporates and HNIs.
Government News
- RK Chaudhary, CMD, addressed NHPC employee 09/06/2024
- Union Textile Minister visits NBCC Executed Int. Craft Complex 09/06/2024
- Maharashtra Guv inaugurates iconic statue of NSE Bull 09/06/2024
- REC wins “Nodal Agency of the Year” Awards 2024 09/05/2024
- RECPDCL Hands Over Tumkur-II REZ Power Transmission to M/s G.R. Infraprojects 09/04/2024