Investors

News Clarification

DateNews ClarificationView
26th April, 2017News Clarification on the new item “Fitch assigns 'BBB(EXP)emr' rating to NTPC's masala bondsClick here
22nd Feb, 2019

This is with reference to clarification sought from the company on recent news item appearing in Financial Express - dated 21-Feb-2019, titled "Tribunal passes Rs.2000cr award in favour of Jindal ITF". Our point-wise replies to clarification sought are as follows:

a) Whether such event stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order.
Reply: It is correct that reported award has been passed by Arbitral Tribunal, but NTPC has decided to contest the award in appropriate judicial body.

b) The material impact of this article on the Company.
Reply: There is no material impact of this article on the company.

c) Whether company are aware of any information that has not been announced to the Exchanges under Regulation 30 of Listing Regulations. If so, you are advised to provide the said information and the reasons for not disclosing the same to the Exchange earlier as required under Regulation 30 of the Listing Regulations.
Reply: No.

 
23rd Feb, 2019This is with reference to clarification sought from the company on media report- “Coal mine 10-day stir shrinks NTPC Kaniha generation by 40%” (Source:https://www.business-standard.com February 21, 2019).

NTPC’s reply to clarification sought :

We would like to mention that units at NTPC-Kaniha continued to generate above 92% PLF during the initial 5 days of stir at MCL mines. Thereafter generation was slowly ramped down at plant since 17 February. One unit of 500 MW had to be stopped but was put back in service on 22 February after resumption of coal supplies from the mines. Now all the units are operating above 92% PLF.

It is pertinent to mention that NTPC on standalone and group basis has commercial capacity of 44815 MW and 51956 MW respectively. Thus considering the scale of the operations of the company, the above media report has no material impact on the company.