News Announcement

NTPC: Updates

Reply to Clarification sought by NSE on disclosure made by the company on 02.11.2017 regarding shutdown of Unit#6 (500 MW) of Feroze Gandhi Unchahar Thermal Power Station.
1. Estimated impact on the production/operations:
Reply: Considering the total size of operations of NTPC Limited (present standalone commercial capacity 43642 MW and group commercial capacity 50858 MW) the impact of shutdown of Unchahar Unit#6 (500 MW) on the production/operations of the company as a whole may not be considered material in terms of Para B of Part A of Schedule III of SEBI (LODR),Regulations,2015.
2. Whether loss/damage covered by insurance or not including amount;
Reply: Yes, property damage is covered under the Mega Risk Policy taken for the assets of the company.
3.Expected loss/damage caused;
Reply: Pending enquiry and investigations by a committee constituted for this purpose, it would not be possible to provide any estimate of the likely loss or damage caused at this stage.

Ask Value Research aks value research information

No question is too small. Share your queries on personal finance, mutual funds, or stocks and let us simplify things for you.