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NTPC to transport coal through inland waterways

18 May 2013 Evaluate

NTPC, country’s largest power producer has decided to transport coal through inland waterways to its various stations. It will be transporting the first consignment to Farakka power station in West Bengal, which will land next month. After this it will be transporting coal through National Waterways for its upcoming power plant at Barh near Patna in Bihar, and another station at Bongaigaon in Assam. The entity will transport three million tonnes of imported coal each year from Haldia to Farakka through the National Waterway-I, for next seven years.

The company has reported a rise of 68.93% in its net profit at Rs 4381.16 crore in Q4FY13 as compared to net profit of Rs 2593.44 crore in the same quarter previous year. Total income of the company has increased by 6.03% to Rs 17349.09 crore as compared to Rs 16361.51 crore in corresponding quarter last year.

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
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