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Top related persons:
NTPC - 1 Manohar Lal - 1 Narendra - 1 Goldman Sachs - 1 China Resources Beer - 1 Leaf Liu - 1 CRB - 1 — - 1
Top related locs:
Dadri India Asia Pacific Japan China , Tianjin premiumization
Top related orgs:
National Thermal Power Corporation - 4 Green Energy - 1 Adani - 1 Power - 1 MSCI Asia - 1 China Resources - 1 China Resources Beer Goldman - 1 China Resources Beer - 1

Search resuls for: "National Thermal Power Corporation"


4 mentions found


☆ Indian public sector firm NTPC's green energy arm files for $1.2 billion IPO
  + stars: | 2024-09-19 | by ( ) www.cnbc.com   time to read: +1 min
This photograph taken on April 6, 2022, shows a general view of the National Thermal Power Corporation (NTPC) plant in Dadri. The mounds of jet-black coal shimmering under the afternoon sun at the Dadri power plant are a raw illustration of India's coal dependence -- a habit that despite increasing pressure, the country is finding hard to kick. India's NTPC Green Energy filed draft papers for a 100 billion rupees ($1.19 billion) initial public offering on Wednesday, as it looks to cash in on the country's renewables expansion plans and a red-hot equities market. The company, a unit of state-owned power producer NTPC , will only issue new shares, and existing shareholders will not sell any stake, the draft papers showed. So far this year, about 235 companies have gone public and raised more than $8.6 billion, which exceeds the total amount raised last year.
Persons: NTPC Organizations: National Thermal Power Corporation, Green Energy Locations: Dadri, India
☆ India asks utilities to order $33 billion in equipment this year to boost coal power output, Reuters reports citing sources
  + stars: | 2024-07-04 | by ( ) www.cnbc.com   time to read: +1 min
This photograph taken on April 6, 2022, shows a general view of the National Thermal Power Corporation (NTPC) plant in Dadri. The mounds of jet-black coal shimmering under the afternoon sun at the Dadri power plant are a raw illustration of India's coal dependence -- a habit that despite increasing pressure, the country is finding hard to kick. India has asked power companies to order equipment worth $33 billion this year to fast track capacity additions of coal-fired power in the years ahead, as the South Asian nation struggles to meet booming electricity demand, two government officials said. India is rushing to add fresh coal-fired plants as it is barely able to meet high power demand with the existing fleet in non-solar hours. Post pandemic, the country's power demand scaled new records on the back of the fastest rate of economic growth among major economies and increased instances of heatwaves.
Persons: Manohar Lal, Narendra Organizations: National Thermal Power Corporation, Adani, Power Locations: Dadri, India
☆ Goldman Sachs just added stocks to its top Asian picks, giving one over 45% upside
  + stars: | 2024-04-12 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com   time to read: +3 min
Goldman Sachs has refreshed its conviction list of top stocks in Asia Pacific this month, adding some names and removing others. Here are two additions to Goldman Sachs' Asian conviction list, and two removals: China Resources Beer Goldman analyst Leaf Liu said he was positive on the outlook for Chinese beer manufacturer and distributor China Resources Beer . Goldman Sachs has a 12-month price target of 51 Hong Kong dollars ($6.51) on the stock, giving it potential upside of around 46%. NTPC India's power generation company NTPC — formerly the National Thermal Power Corporation — was another addition to Goldman's conviction list. Shionogi, China Medical System Meanwhile, the Wall Street bank removed two pharmaceutical players — Japan's Shionogi and the China-headquartered China Medical System — from its conviction list.
Persons: Goldman Sachs, China Resources Beer, Leaf Liu, CRB, —, National Thermal Power Corporation —, Apoorva Bahadur, Bahadur, Goldman, — Japan's Shionogi, — CNBC's Michael Bloom Organizations: MSCI Asia, China Resources, China Resources Beer Goldman, China Resources Beer, Brands, Star, Heineken, Hong, Franklin FTSE, National Thermal Power Corporation Locations: Asia Pacific, Japan, China, ,, Tianjin, premiumization, Hong Kong, Franklin FTSE China, Shionogi
☆ Coal free by 2070? India’s push toward renewables won't stop coal reliance for the next two decades
  + stars: | 2023-11-03 | by ( Charmaine Jacob | ) www.cnbc.com   time to read: +6 min
The country's leaders have been optimistic about its path to net zero, making bold claims that 50% of its power generation will come from renewables by 2030, and 100% by 2070. "This heightened power demand necessitates a reliable, cost-effective, and consistent power generation source, which coal currently fulfills," he highlighted. Nearly 10% of the country's electricity demand comes from space cooling and this will increase ninefold by 2050, the IEA said. Unreliable renewablesDespite being able to produce cheap wind and solar energy, only 22% of India's power generation is met by renewables. These complexities render it challenging to rely solely on renewables for consistent and dependable power generation," Narayan said.
Persons: Money Sharma, Anil Kumar Jha, Jha, Neshwin Rodrigues, Prakash Singh, Sooraj Narayan, Wood, Sooraj Narayan Wood Mackenzie, Narayan, Sumant Sinha, Sinha, CNBC's, Wood Mackenzie's Narayan Organizations: Afp, Getty, Coal, CNBC, National Thermal Power Corporation, International Energy Agency, Ministry of Coal, Jha, Bloomberg, Investment, Invest India, Nurphoto Locations: Uttar Pradesh, India, Coal India, Dadri, Asia, Uttarakhand, Kerala
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