NTPC signs MOU to set up joint venture company

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OPEN MARKET OPERATIONS OF RBI ARE A PART OF REGULAR LIQUIDITY MANAGEMENT
STEEL MINISTRY FORMS COMMITTEE TO RESTRUCTURE PSU'S LIKE MSTC, KIOCL
STEEL MINISTRY FORMS COMMITTEE TO RESTRUCTURE PSU'S
TO TALK TO PM ON IRON ORE EXPORTS
CRUDE FALLS BELOW $60/BBL FOR THE 1ST TIME SINCE MAY ON ECONOMIC JITTERS
CIC ISSUED AN ORDER AGAINST SEBI IN THE MATTER ON JUN 26, 2009
BHOJ RAJ SAHU ASKED FOR LIST OF SHAREHOLDERS OF ALL DELISTED COS
CIC ORDER FAVOURING BHOJ RAJ SAHU ASKED FOR DATA ON DELISTED COS
CHALLENGES CENTRAL INFORMATION COMMISSION'S ORDER ON RTI
CRUDE FALLS BELOW $60/BBL ON THURSDAY ON ECONOMIC JITTERS
SEEKS RS.9000/TN CUT IN STEEL PRICES IN FY'10: NW
SENIOR MGMT CHANGES TO HELP IN POSITIONING THE COMPANY IN FUTURE
TO LAUNCH 100CC DISCOVER, POSITIONING AS A 'LONG DISTANCE BIKE'
TO LAUNCH 100CC DISCOVER, POSITIONING AS A 'LONG DISTANCE BIKE'
DISCOVER 100CC NOT TO REPLACE PLATINA 100, NOT AN ENTRY LEVEL BIKE
TO LAUNCH 100CC DISCOVER, POSITIONING 100 CC BIKE AS A 'LONG DISTANCE BIKE'
SEBI WANTS MIN 26% FREE FLOAT, FM TO GIVE TIME FOR IMPLEMENTATION: SRCS
APPOINTS INVST BANKS FOR FUND RAISING EXERCISE, PLANS TO RAISE $400MN: SRCS
FUND RAISING LARGELY TO REDUCE DEBT TO RS.7000 - 8000 CR
SUZLON PLANS TO RAISE $400MN: SOURCES
SUZLON APPOINTS INVESTMENT BANKS FOR FUND RAISING EXERCISE: SOURCES
LEAD BANKERS INCLUDE CREDIT SUISSE, CITI & DEUTSCHE BANK: SOURCES
SUZLON TO RAISE FUNDS VIA GDR OR QIP ROUTE: SOURCES
NEED TO REVAMP SAT WILL BE REVIEWED IN THE MEETING: SOURCES

Updated: 06/08/2008 | 12:00 AM IST

Power

Capital Market

Wednesday, August 06, 2008 (New Delhi)

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On 04 August 2008

National Thermal Power Corporation has signed a MOU on 04 August 2008 at New Delhi amongst NTPC, Asian Development Bank, GE Energy Financial Services, USA, Kyushu Electric Power Co. Inc, Japan and Brookfield Renewable Power Inc., Canada for setting up a joint venture company to undertake renewable power generation under public private partnership. NTPC will initially hold 40% equity in the proposed joint venture company and balance will be equally shared by ADB, GEEFS, Kyushu and BRP.

The company made this announcement after the trading hours on Tuesday, 05 August 2008.