NTPC to consider Q1 results on July 27

New Delhi, Jul 17: State-owned National Thermal Power Corporation (NTPC) today said its board will meet on July 27 take on record the financial results for the quarter ended June 30, 2006.

A meeting of the Board of Directors will be held on July 27, 2006, to approve and take on record the unaudited financial results for the quarter ended June 30, 2006, after these results are reviewed by the Audit Committee of the Board, a corporation statement said.

NTPC earlier announced that it has decided to give Qatar a 40 per cent equity in the proposed Rs 7,500-crore, 2,300-mw Kayamkulam power project in Kerala.

The corporation will hold 50 per cent after giving 10 per cent to Petronet LNG in the new special purpose vehicle (SPV) to be floated soon.

UNI