Author: Kalyan Verma

NTPC says rupee depreciation will not hit profits

NTPC does not see the rupee depreciation hurting its profits due to expensive coal imports, but as a prudent measure, it has started hedging part of its foreign currency liabilities. The state-run utility has...

NTPC to bid for ultra mega power projects

State-run NTPC is likely to bid for two ultra mega power projects (UMPPs) worth Rs 20,000 crore each in Odisha and Tamil Nadu, a top company executive said today. “We have been participating in...

REC plans to raise over Rs 37,000 cr in current fiscal

State-run Rural Electrification Corporation (REC) plans to raise over Rs 37,000 crore this fiscal through various instruments, a top company official said today. “We will be raising over Rs 37,000 crore from both domestic...