Breaking News

You are here » Indian-Commodity  :  Top News  :  NTPC inks MoU with Railways for transportation of fly ash

15-Mar2019

NTPC inks MoU with Railways for transportation of fly ash

NTPC has signed a Memorandum of Understanding (MoU) with Hazipur-based East Central Railway Zone for transportation of fly ash under Indian Railways' Special Freight Train Operator (SFTO) scheme. The company has become the first entity in the country to sign an SFTO agreement with Indian Railways.

As part of the agreement, the company has procured three Bogey Tank For Alumina Powder (BTAP) rakes and each rake will have a capacity of 3,060 tonne ash. The first of the three rakes is expected to arrive by October 2019. The pact with Indian Railways for fly ash transportation will help enhance ash utilization at Rihand and Vindhyachal Super Thermal Power plants and it will be further extended to other company projects.

NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.


Related News

View all news

Crude oil futures end lower on Monday

Crude oil futures ended lower on Monday as steep declines in the US stock market fed an aversion to so-called riskier assets, which include oil. Meanwhile, the US-China trade dispute escalated as China......

Gold futures trade flat on Monday

Gold futures was trading flat on Monday as growing uncertainty over whether the United States and China will be able to reach a deal to end their escalating trade war fueled safe-haven demand for the precious......

Jeera futures trade higher on rising demand

Jeera futures traded higher on NCDEX on the back of rising physical and export demand at the spot market. However, higher availability of crop this season, capped some gains.The contract for May delivery......

Top News

View all news

SRF, NIIT Technologies and United Bank of India to see some action today

SRF has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences Company in an all-cash transaction, amounting to Rs 320 crore. The......

NIIT Technologies concludes sale of 88.99% stake in ESRI India Technologies

NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......

United Bank of India to raise Rs 1,500 crore by various means

United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......