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The NHPC board has approved amendments which will enable the company to apply to the power regulator Central Electricity Regulatory Commission (CERC) for a trading licence. This decision is in line with the power ministry's plan to make NHPC an aggregator for meeting the demand of peaking power. In an interview with CNBC-TV18, Mahesh Kumar Mittal, Director-Finance & CFO of the company spoke about the latest happenings in his company and sector.
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NHPC targets generation of 23,500 million units for FY17 in excellence category says Chairman and Managing Director KM Singh speaking to CNBC-TV18 on company's first quarter earnings.
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The current merchant price for power is Rs 2.50 per unit, says KM Singh, CMD of NHPC.
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According to Jain, CERC's authority had already been upheld by APTEL and the Supreme Court.
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NTPC's financial performance will continue to remain under stress but the company will try to recover its business loss for Dhauliganga project which will reduce its loss to some extent, says ABL Srivastava.
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State-owned National Hydroelectric Power Corp (NHPC) sees production loss of 800 million unit from flood-ravaged Dhauliganga power station in Uttarakhand.
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Amid controversy over the legality of hydroelectric projects run by NHPC in Jammu and Kashmir, ABL Srivastava, the company‘s director finance has said that there is no illegality involved in it whatsoever.
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ABL Srivastava, director – finance at NHPC told CNBC-TV18 that the company has spoken to BSE, NSE and Sebi regarding the suddent correction and expects a detail report on the same.
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Praveen Sood, Group CFO, Hindustan Construction Company (HCC), says that the company has put special thrust on managing the working capital and this quarter has been good as far as working capital is concerned, as there is no further pressure on the working capital.
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In an interview with CNBC-TV18, ABL Srivastava, Director-Finance of NHPC said generation in Q1 has been 6,148 million units, which is a drop of 3% YoY. According to him, this year generation is at par due to the addition of a plant.
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NHPC chairman and managing director ABL Srivastava tells CNBC-TV18 that though the quarter was very good for the PSU, the woes of capacity addition and project delays continue to plague the company
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CMD of NHPC ABL Srivastava hopes revenues will jump in FY14 once all the full impact of all the commissioned projects comes on stream.
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NHPC, India's largest hydro power generation company, posted a net profit of Rs 212 crore in the third quarter of FY12, a slump of 29.6%. ABL Srivastava, CMD, NHPC says the downfall has been due to one time provisions such as survey and investigation projects which were about Rs 80 crore.
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CNBC-TV18 catches up with ABL Srivastava, chairman and managing director of NHPC to find out what the industry woes are at this point and how it’s going to look like from here on.
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In an interview to CNBC-TV18, ABL Srivastava, director (finance) and CMD of NHPC says, he expects FY12 to be better than FY11.
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Abl Srivastava, Director-Finance, NHPC in an interview with CNBC-TV18 spoke about the latest happenings in the company. The company would be investing Rs 2,400 crore for 2,120 megawatt projects in Jammu & Kashmir and has signed a pact with J&K PDC and PTC for the same.
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ABL Srivastava, CMD of NHPC tells CNBC-TV18 spoke about the latest happenings in his company and sector.
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In an interview with CNBC-TV18, ABL Srivastava, CMD and Director Finance, NHPC, spoke about the latest happenings in his company and sector.
