BSEB and NTPC Announces Project Financing of $523m for the Expansion of Barauni Thermal Power Plant in Bihar, India
- Language: English
- Published: December 2011
- Region: India
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National Thermal Power Corp. Ltd. (NTPC) owns and operates coal, gas, and naphtha-based electricity generation units in India. It sells electricity wholesale to the state government-owned electricity utilities (SEUs). At March 31, 2004, NTPC had installed generation capacity of 21,435 MW, accounting for about 19% of the country's installed capacity. For the year ended March 31, 2004, NTPC had operating revenues of Indian rupee (Re) 205.1 billion (US$4.5 billion), and net income from continuous operations of Re46.2 billion. The ratings on NTPC reflect the following weaknesses: Financially weak customers. The certainty of NTPC's cash flows is affected by financially weak customers. The SEUs consistently report operating losses, and often face cash flow difficulties. In the past, there has been a...
Companies mentioned in this report are: NTPC Ltd.,India (Republic of) (Unsolicited Ratings)
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NTPC Ltd.,India (Republic of) (Unsolicited Ratings)