NTPC, Bharat Forge form JV

National Thermal Power Corporation Ltd (NTPC) has informed that an MOU has been signed on February 08, 2008 between the Company and Bharat Forge Ltd (BFL) to promote a Joint Venture Company, with an equity participation of 49:51 by the Company and BFL respectively, to take up manufacture of castings, forgings, fittings and High Pressure piping required for Power and other industries, Balance of Plant (BOP) equipment for the power sector etc.

NTPC Q3FY08 Results

National Thermal Power Corporation Ltd (NTPC) has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 17799 million for the quarter ended December 31, 2007 as compared to Rs 21033 million for the quarter ended December 31, 2006. Total Income has increased from Rs 93110 million for the quarter ended December 31, 2006 to Rs 100932 million for the quarter ended December 31, 2007.

NTPC - BHEL Joint Venture

National Thermal Power Corporation Ltd (NTPC) has informed that pursuant to signing of MOU with Bharat Heavy Electricals Ltd (BHEL) on September 10, 2007, and signing of a Joint Venture Agreement on December 17, 2007, the Company has signed with BHEL Ltd a supplementary Agreement on January 11, 2008 to engage in manufacturing and supply of equipment for power plants and other infrastructure projects in India and Abroad. The Company and BHEL shall have an equal equity participation in this Joint Venture.

NTPC subsidiary company

Further to earlier announcement dated November 06, 2007, National Thermal Power Corporation Ltd (NTPC) has announced that the Company has formed a subsidiary Company under the name and style of "Bhartiya Rail Bijlee Company Ltd" on November 22, 2007 for setting up a captive power plant of 1000 MW (2X250MW) at Nabinagar, Bihar. The Company shall contribute 74% equity and the balance 26% equity in the share capital of this Company shall be extended by Ministry of Railways, Government of India.

NTPC JV with Ministry of Railways

National Thermal Power Corporation Ltd (NTPC) has informed that the Company and the Ministry of Railways have signed an agreement on November 06, 2007 for the formation of a Joint Venture Company namely "Bhartiya Rail Bijlee Company Ltd" for setting up a captive power plant of 1000 MW(4X250 MW) at Nabinagar, Bihar. NTPC will contribute 74% of equity and the balance 26% equity shall be extended by Railways. The Company will be a subsidiary of NTPC. 90% of the power from the plant will be supplied to Railways and 10% to others.

NTPC Q2 Results

National Thermal Power Corporation Ltd (NTPC) has announced the following Unaudited results for the quarter ended September 30, 2007:

The Company has posted a net profit of Rs 19255 million for the quarter ended September 30, 2007 as compared to Rs 14739 million for the quarter ended September 30, 2006. Total Income has increased from Rs 83840 million for the quarter ended September 30, 2006 to Rs 87492 million for the quarter ended September 30, 2007.

NTPC signs deal with HWB

National Thermal Power Corporation Ltd (NTPC) has informed that the Company and Heavy Water Board (HWB) Department of Atomic Energy (DAE) Government of India, has entered into a Memorandum of Understanding (MoU) on October 17, 2007 for transfer of Ammonia Flue Gas Conditioning (AFGC) Technology to the Company for reduction in Suspended Particulate Matter (SPM) for implementation at all its Projects.

The MOU also provides for jointly undertaking further research work in collaborative manner with equal participation from the Company and HWB for enhancing efficacy of AFGC Technology.

NTPC Limited

NTPC Limited has informed the Exchange that "NTPC Limited has signed an Memorandum of Understanding on August 31, 2007 with Steel Authority of India Limited (SAIL), Rashtriya Ispat Nigam Limited (RINL), Coal India Limited (CIL) and National Mineral Development Corporation Limited (NMDC) for formation of a Special Purpose Vehicle (SPV) for securing thermal coal from outside India. Under this SPV, the parties shall cooperate to create project and/or country specific Joint Venture Company (ies) which may also involve equity participation"