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GoI approves settlement of dues of DESU period for NTPC

06 Feb 2013 Evaluate

NTPC will be receiving Rs 2,520.08 crore comprising Rs 835.97 crore as principal and Rs 1,684.11 crore as interest for settlement of dues of Delhi Electric Supply Undertaking (DESU) period which provides for payment to be made by Government of National Capital Territory of Delhi to the company.

The Government of India, through letter dated February 05, 2013, has conveyed the approval of the Government for settlement of dues of DESU period.

NTPC is the largest power generating company in the country. It has also diversified into hydro power, coal mining, power equipment manufacturing, oil & gas exploration, power trading & distribution.

Peers
Company Name CMP
NTPC 327.00
Tata Power 366.85
Adani Power 207.00
Power Grid Corpn. 266.00
Adani Energy Solut. 1392.00
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