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Ceylon Electricity Board News
High fuel cost hits NTPC profit State-run power producer NTPC Ltd on Thursday posted a 6.8 per cent decline in net profit at Rs 2,593.4 crore for the quarter ended March 31, impacted by high fuel costs. It had a net profit of Rs 2,781.8 crore in the same quarter of the previous year. The fuel costs grew by 17.7 per cent to Rs 41,635.5 crore, against Rs 35,373.8 crore in the same quarter last year. Meanwhile, a 25-year tax holiday
IFC to pick up stake in Renewgen's Sri Lankan arm
International Finance Corporation (IFC) is planning to pick up an equity stake in Renewgen Environment Protection Kotte Private Limited (Renewgen Kotte), a company incorporated in Sri Lanka by
NTPC and Power Grid viability reports soon
Sri Lanka may set the stage for a new power play between the two Asian powers, China and India.
PowerGrid plans to go global
NTPC to raise capacity to 36,000 Mw by March
With the commissioning of two new supercritical 660-Mw units at the Sipat power plant, state-run power producer, NTPC, plans to increase its generation capacity to 36,000 Mw by March next year.
NTPC to set up first overseas power plant in Sri Lanka
The unit will come up at Sampur in Trincomalee at an estimated cost of Rs 3,150 crore. |
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