Untitled - Ministry of Power
Untitled - Ministry of Power
Untitled - Ministry of Power
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units <strong>of</strong> 500 MW at Singrauli, Korba, Ramagundam<br />
Farakka, Vindhyachal, Rihand, Talcher-Kaniha and<br />
Simhadri, 6 units <strong>of</strong> 110 MW at Tanda and Talcher,<br />
4 units <strong>of</strong> 60 MW at Talcher and 22 Gas Turbines<br />
and 10 Steam Turbines at Anta, Auraiya, Kawas,<br />
Dadri, Gandhar, Kayamkulam & Faridabad<br />
combined cycle power plants.<br />
The generation performance <strong>of</strong> NTPC Stations<br />
has consistently been at high level. The gross<br />
generation from NTPC stations during the<br />
year 2003-04 has been 149161 MUs as against<br />
140868 MUs generated during the same<br />
period last year. NTPC achieved ever-highest<br />
PLF <strong>of</strong> 84.4% since inception.<br />
Station Managed by NTPC<br />
Badarpur Thermal <strong>Power</strong> Station (BTPS),<br />
Delhi (705 MW)<br />
Badarpur Thermal <strong>Power</strong> Station (BTPS), Delhi<br />
(705MW) owned by GOI is being managed by<br />
NTPC since 1st April 1978. 100% power from<br />
this station is supplied to DVB now being called<br />
Delhi <strong>Power</strong> Supply Company Ltd. (DPSCL).<br />
During the year 2003-04, the station generated<br />
5429 MUs at a PLF <strong>of</strong> 87.70% against 5280<br />
MUs at a PLF <strong>of</strong> 85.5 % during the same period<br />
last year.<br />
OUTSTANDING DUES OF NTPC<br />
The billing for the financial year 2003-04 were<br />
Rs.20382.29 crore with realisation <strong>of</strong> Rs.21394.82<br />
crore i.e. 105%. Thus the total outstanding dues<br />
<strong>of</strong> Rs. 25233.44 crores as on 31.03.2003 were<br />
reduced to Rs.3583.39 crores at the end <strong>of</strong><br />
financial year 2003-04.<br />
Consequent upon the implementation <strong>of</strong> Scheme<br />
for One-Time Settlement <strong>of</strong> SEBs dues the states<br />
were required to take following actions:<br />
(i) Give acceptance to the Scheme by signing<br />
the Tripartite Agreement between States,<br />
Reserve Bank <strong>of</strong> India and Government <strong>of</strong><br />
India.<br />
(ii) Issue bonds against dues as on 30.9.2001<br />
including 40% <strong>of</strong> surcharge.<br />
(iii) Open/enhance the LC equal to 105% <strong>of</strong><br />
average monthly billing <strong>of</strong> the past 12 months<br />
and maintain in future for payment <strong>of</strong> current<br />
monthly bills <strong>of</strong> the CPSUs.<br />
(iv) Make full payment <strong>of</strong> current monthly bills<br />
from 1.10.2001 onwards.<br />
NTPC has received bonds <strong>of</strong> Rs.15788.396 crore<br />
from 20 States who have arrears payable to<br />
NTPC as on 30.9.2001. Although Govt. <strong>of</strong><br />
Jharkhand has signed the TPA but they are yet<br />
to issue the bonds. With issuance <strong>of</strong> above<br />
bonds, the major portion <strong>of</strong> outstanding dues as<br />
on 30.9.2001 have been settled with various<br />
States. However, in case <strong>of</strong> Madhya Pradesh,<br />
Chhattisgarh, Bihar and Jharkhand, the final<br />
division <strong>of</strong> liability <strong>of</strong> undivided MPEB and<br />
BSEB for the period before the bifurcation<br />
are coming in the way <strong>of</strong> settling <strong>of</strong> dues.<br />
Therefore, the following outstanding dues <strong>of</strong><br />
respective SEBs as on 30.9.2001 are yet to be<br />
securitised:<br />
SEB Bond Amount<br />
(Rs.Crore)<br />
Jharkhand 1200.10<br />
Bihar 222.42<br />
Chhattisgarh 220.18<br />
Total 1642.70<br />
As the Union Territory Govts were not authorised<br />
to issue the bonds, an alternative payment<br />
mechanism was formulated under the One Time<br />
Settlement Scheme to convert the outstanding<br />
dues <strong>of</strong> union territories in the form <strong>of</strong> long term<br />
advances. The Bipartite Agreement in this<br />
regard was sent to all the union territories<br />
including the Govt. <strong>of</strong> NCT, Delhi in May,2003.<br />
The Bipartite Agreement has been signed<br />
by D&D, D&N and Govt. <strong>of</strong> NCT, Delhi. Other<br />
Union Territories are being persuaded to sign<br />
the Bipartite Agreement.<br />
Consequent to the signing <strong>of</strong> BPA, the<br />
outstanding dues <strong>of</strong> Rs.1060.29 crores payable<br />
by DVB to NTPC, as on 30.9.2001 have been<br />
securitised on 17.2.2004 and converted into long<br />
term advances. However, the outstanding<br />
dues <strong>of</strong> DESU period amounting to<br />
Rs.1310.83 crores are yet to be securitised.<br />
The outstanding dues payable by DVC as on<br />
30.09.2001 amounting to Rs.343.79 Crores have<br />
been liquidated during the financial year by cash<br />
payment.<br />
The opening and maintaining <strong>of</strong> LC has<br />
significantly improved the realisation <strong>of</strong> current<br />
monthly bills w.e.f. July, 2002. The realisation<br />
<strong>of</strong> monthly bills from July, 2002 to March, 2003<br />
was 98.5% which has further improved from April,<br />
2003 onward. The realisation <strong>of</strong> monthly bills<br />
from April, 2003 to March, 2004 was 100%.<br />
Further, some <strong>of</strong> the SEBs have also cleared<br />
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