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NTPC gains on commissioning part capacity of Bilhaur Solar PV project

NTPC rose 1.03% to Rs 107.55 after the state-run power generating company commissioned the first part capacity of 70 megawatt of 85 MW Bilhaur Solar PV project at Bilhaur, Uttar Pradesh and declared its commercial operation from 28 March 2021. With this, the commissioned as well as commercial capacity of NTPC and NTPC group has become 51,725 MW (mega-watt) and 64,490 MW respectively. The announcement was made post trading hours yesterday, 31 March 2021. NTPC s consolidated net profit jumped 15.7% to Rs 3,876.36 crore on 4% rise in net sales at Rs 27,526.03 crore in Q3 December 2020 over Q3 December 2019. NTPC is a Maharatna company operating in the power generation business. The principal business activity of the firm is electric power generation through coal based thermal power plants. It also engages in the business of generation of electricity from hydro and renewable energy sources. As of 31 December 2020, the Government of India held 51.10% stake held in NTPC.

NTPC commissions second unit of Nabinagar plant in Bihar

NTPC commissions second unit of Nabinagar plant in Bihar SECTIONS Last Updated: Apr 01, 2021, 08:16 PM IST Share Synopsis Unit-2 of 660 MW capacity of Nabinagar Super Thermal Power Project (3 x 660 MW) of Nabinagar Power Generating Co. Ltd.has successfully completed trial operation and consequently included in the installed capacity of NTPC Group from March 31, 2021, a BSE filing said. State-owned NTPC on Thursday said it has commissioned the second unit of 660 MW of the Nabinagar Super Thermal Power Project in Bihar. With this, the total installed capacity of NTPC Group has become 65,150 MW, the power giant said. Unit-2 of 660 MW capacity of Nabinagar Super Thermal Power Project (3 x 660 MW) of Nabinagar Power Generating Co. Ltd.has successfully completed trial operation and consequently included in the installed capacity of NTPC Group from March 31, 2021, a BSE filing said.

TPC Group Finalizes C4 Processing Agreement

TPC Group Finalizes C4 Processing Agreement
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Benchmarks pare losses; US Dow futures turn positive

The domestic equity benchmarks came off the day s low in mid-afternoon trade. The Nifty reclaimed the 14,600 mark. A spike in domestic and global bond yields coupled with rising coronavirus cases spoiled investors appetite for risk assets. At 14:21 IST, the barometer index, the S&P BSE Sensex, was down 1546.09 points or 3.03% to 49,493.22. The Nifty 50 index was down 437.20 points or 2.90% to 14,660.15. Meanwhile, the US Dow Jones 30 Futures bounced back and was trading up 50 points, indicating a flat to positive opening in the US market today. In the broader market, the S&P BSE Mid-Cap index declined 1.50% and the S&P BSE Small-Cap index lost 0.57%. Both the indices outperformed the Sensex.

TPC Group plant moving forward with terminal operations

From a TPC Group news release. TPC Group today announced the successful startup of the second phase of its terminal operations as part of a three-phased start-up process to serve current and future customers and supplier needs.  This phase of the terminal project successfully started with butadiene receipts and deliveries to major customers in the area and terminalling crude C4 deliveries by rail and marine. TPC Group has invested significant manpower and capital and made substantial progress in site mitigation and recovery at its Port Neches site, reestablishing terminal operations, and positioning the site for future C4 capacity growth. “We are pleased with the progress we continue to make on reestablishing butadiene, crude C4 and raffinate terminalling capabilities at the Port Neches site,” said Ed Dineen, TPC Group President and CEO. “Our ability to provide a safe, environmentally sound terminal with logistics capability to transport product is important to the industr

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