NTPC Ltd.

National Thermal Power Corporation’s (NTPC) is looking for re-allocation of three blocks, which were de-allocated by the Ministry earlier. The three blocks are Kerandari and Chatti-Bariatu I&II. Arup Roy Choudhury, NTPC Chairman and Managing Director met the Coal Minister, Sriprakash Jaiswal for the same.

Recently, NTPC joint venture with UPRVUN Meja Urja Nigam has secured financial closure for Meja Thermal Power Project (1320 MW), located in the state of Uttar Pradesh. A loan agreement for Rs 7,575 crore was signed on June 06, 2012 with consortium of sixteen banks led by State Bank of India (SBI) and syndicated by SBI Capital Markets.

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