National Thermal Power Corporation (NTPC)
Date: August 2009
Deal: In August 2009, India enews reported "State-owned power utility NTPC is planning to build a power plant in Iran worth $5 billion, Power Secretary H.S. Brahma said. The plant will be able to generate at least 5,000 MW of power" (India enews, August 25, 2009). NTPC's website notes that Iran is one of several countries where the company is pursuing business opportunities (NTPC Website, accessed June 30, 2010).
U.S. Business Ties: In the United States, NTPC has not received any contracts or grants from the federal government, according to USASpending.gov (USASpending.gov, Accessed June 30, 2010)
According to NTPC's website, the company has partnered with USAID to create the Centre for Power Efficiency & Environmental Protection (CenPEEP) which seeks to reduce greenhouse gas emissions from Indian power. The project was inaugurated by the U.S. Energy Secretary in 1994 (NTPC Website, accessed June 30, 2010).
Last Updated: July 17, 2014