Platts ranks NTPC number one

NTPC group has generated 27.37% if India’s total power generation in fiscal 2013

GN Bureau | December 4, 2013



State owned NTPC has been ranked number one independent power producer and energy trader in the world by Platts 250 for the year 2013. It has also been ranked 384th overall on the Forbes Global 2000 list.

As on 31.03.2013, NTPC group has represented 18.44% of India’s total installed capacity while generating 27.37% if India’s total power generation in fiscal 2013.

According to a statement released by the company, NTPC plans to become a 50 GW+ company by the fiscal 2017 and 128 GW company by the year 2032. It is having a pipeline of 20 GW+ under construction projects.

As on March 31, 2013, the debt to equity ratio of the company was 0.87 on a consolidated basis and 0.72 on a standalone basis. The debt service coverage ratio (DSCR) was 3.01 on a consolidated basis and 3.17 on a standalone basis, and the interest coverage ratio (ISCR) was 8.53 on a consolidated basis and 10.39 on a standalone basis.

Meanwhile, NTPC issued tax free bond issue after a gap of two decades. The issue size is Rs 1000 crore with option to retain oversubscription up to Rs 750 crore. Overall Issue size Rs 1750 crore. The issue opens on December 3, 2013 and closes on December 6, 2013. If oversubscribed, the issue can be closed earlier. The Bonds will be secured by a pari passu first charge on specified fixed assets of the Company. The Bonds will have asset cover of one time of the total outstanding amount of Bonds.
 

 

 

Comments

 

Other News

When religion, politics and Bollywood come together

Tavleen Singh, noted journalist and political commentator, has turned to fiction, with her debut novel ‘The Actor’ (HaperCollins India). Set in the near future, it has a superstar, Amit Singh, turning to politics, when the political landscape is dominated by prime minister Guru Gaynendraj

Cabinet approves setting up of Integrated Transport & Logistics Authority

The union cabinet, chaired by prime minister Narendra Modi, on Tuesday approved the setting up of a Special Purpose Vehicle (SPV), called Integrated Transport & Logistics Authority (ITLA), to strengthen research, planning, appraisal, monitoring and impact assessment within the broad domains of Transp

Why foundational literacy and numeracy is key to school education

Foundational Literacy and Numeracy (FLN) are often described as the building blocks of education. Yet, their significance goes well beyond a child’s ability to read a sentence, write a response or solve a basic mathematical problem. These foundational skills shape how children understand the world,

When police data becomes the algorithm

For decades, policing has followed a familiar sequence: a crime occurs, the police respond, an investigation produces records and those records become part of the institutional memory of the criminal justice system. Artificial intelligence is beginning to alter that sequence. Instead of merely recording

Before India voted, the framers worried about the referee

“We are making a Constitution forever and not only for today.” Shibban Lal Saksena said this in the Constituent Assembly on June 15, 1949. He was warning that a ruling party might one day choose a loyalist to run India’s elections. Seventy-seven years later, the Supreme Court is wrestli

Delhi moves to real-time traffic management

The Cabinet Committee on Economic Affairs (CCEA), chaired by prime minister Narendra Modi, has approved implementation of the ITMS Project by Delhi Police at an estimated cost of Rs.1,789.52 crore, inclusive of taxes. The project will cover 42 identified traffic corridors and will be implemented in three

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter