For the additional capacity generation, NTPC is planning about 9,000 MW through hydroelectric sources, 2,000 Mw through nuclear and 1,000 Mw through renewable energy resources by 2017. This would make NTPC one of most diversified companies in the country in terms of fuel usage.
To increase its capacity, the company has prepared a multi-pronged strategy which envisages additional power generation through green field projects, brown field expansions, joint ventures and acquisitions. All projects would be funded in debt-equity ratio of 70:30. For the equity portion the PSU has comfortable cash flows. If required we may tap the domestic as well global debt market.
NTPC will hit the capital market with its follow-on public offer on February 3 to raise up to Rs 11,000 crore as part of the government's disinvestment plan in leading PSU companies. The government is offloading five per cent of its stake in NTPC through a follow-on public offer of 412,273,220 equity shares of Rs 10 at prices to be determined through an alternative book building process. The FPO will be open between February 3 and February 5.crackcrack| Company Name | CMP |
|---|---|
| NTPC | 397.70 |
| Tata Power | 436.30 |
| Adani Power | 203.05 |
| Power Grid Corp | 320.25 |
| Torrent Power | 1623.20 |
| View more.. | |
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