|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||88.70 - 91.10|
|52-week range||73.20 - 125.00|
|Beta (5Y monthly)||0.41|
|PE ratio (TTM)||7.86|
|Earnings date||07-Nov-2020 - 11-Nov-2020|
|Forward dividend & yield||5.30 (5.98%)|
|1y target est||191.33|
India's largest electricity generator NTPC Ltd <NTPC.NS> said it was interested in buying a majority stake in Reliance Group's power distribution assets in Delhi. "NTPC is keen to explore the opportunities for acquiring 51% stake in BRPL and BYPL, which are on sale," it said in a letter to the Delhi Electricity Regulatory Commission dated May 26.
Top Indian coal-fired power generators Adani Power and NTPC Ltd have sought two-to-three-year extensions of deadlines to install emissions-cutting equipment at some plants, according to documents reviewed by Reuters, even as the country battles rampant pollution. The requests mean the two biggest power producers in India are pressuring the government to delay emissions targets for a second time, citing costs and technical difficulties, even as the country chokes on some of the worst smog on the planet. India already extended its original December 2017 deadline for utilities to meet tighter new emissions standards, after extensive lobbying by the coal-fired power industry.
Top Indian electricity generator NTPC <NTPC.NS> has rejected the emissions-cutting technology of GE <GE.N> and other foreign firms for its coal-fired plants, documents show, shutting them out of an estimated $2 billion (1.6 billion pounds) in orders. Despite struggling with some of the world's worst air pollution levels, India has already pushed back a deadline to cut emission levels to up to 2022, after extensive lobbying by power producers who cited high costs and technical difficulties. The rejection of the foreign technology comes at a time when over half of coal-fired plants in India are already set to miss a phased deadline starting Dec. 2019 to cut emissions of lung diseases-causing sulphur oxides.