MoneyWorks4Me

NTPC’s JV commissions Unit I of 500 MW of Vallur Thermal Power project

29 Mar 2012 Evaluate

National Thermal Power Corporation’s (NTPC) joint venture (JV) - NTPC Tamil Nadu Energy Company has commissioned Unit I of 500 MW of Vallur Thermal Power Project on March 28, 2012. With this, the total capacity of NTPC group has become 36,514 MW.

NTPC Tamil Nadu Energy Company is a joint venture between NTPC and Tamil Nadu Electricity Board.

Recently, the company had signed a Commercial Interest Reference Rate (CIRR) based fixed interest rate term loan facility backed by Euler Hermes of 72.5 million euro with KfW, Germany on March 22, 2012.

Peers
Company Name CMP
NTPC 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
View more..