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NTPC declares commercial operations for balance 15 MW of Bilhaur Solar PV Project

NTPC announced that consequent upon successful commissioning last part capacity of 15 MW of 85 MW Bilhaur Solar PV Project at Bilhaur, UP, the unit is declared to be on Commercial Operation w.e.f. 00:00 Hrs. of 08 April 2021. With this, the total installed capacity of NTPC and NTPC group has become 52400 MW and 65825 MW respectively and the commercial capacity of NTPC and NTPC group has become 51740 MW and 64505 MW respectively. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising

NTPC to raise Rs 3,996 cr via bonds

The state-run power major will raise Rs 3,996 crore through issuance of non-convertible bonds on Tuesday.The state-run power major will issue unsecured non-convertible bonds of Rs 3,996 crore on 20 April 2021, through private placement. The bonds will be issued at a coupon of 6.87% per annum with a door-to-door maturity of 15 years 1 day on 21 April 2036. The proceeds will be utilized for funding of capital expenditure, refinancing of existing loans and other general corporate purposes. The bonds are proposed to be listed on NSE. These bonds are issued under the approval obtained through shareholders resolution dated 24 September 2020. Separately, NTPC said it has commissioned the last part capacity of 15 MW of 85 MW Bilhaur Solar PV Project at Bilhaur in UP. With this, the unit is declared to be on commercial operation from 8 April 2021.

TPC Group Finalizes C4 Processing Agreement

TPC Group Finalizes C4 Processing Agreement
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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

TPC Group Port Neches Terminal Operations Completes Second Phase of Multi-Phase Start Up

HOUSTON, Feb. 23, 2021 (GLOBE NEWSWIRE) 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 import

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