- Language: English
- 597 Pages
- Published: February 2012
- Region: Global
Summary: National Thermal Power Corp.
- Published: December 2004
- Standard & Poors
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.
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)
SHOW LESS READ MORE >
NTPC Ltd.,India (Republic of) (Unsolicited Ratings)