Untitled - Ministry of Power
Untitled - Ministry of Power
Untitled - Ministry of Power
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68<br />
2003. The benefit from this project is expected<br />
in early part <strong>of</strong> 11th plan.<br />
NTPC has signed a Memorandum <strong>of</strong><br />
Understanding (MoU) with the Government <strong>of</strong><br />
Uttaranchal for taking up execution <strong>of</strong> Loharinag<br />
Pala Hydro Project (600 MW) near Uttarkashi<br />
on river Bhagirathi and Tapovan-Vishnugad<br />
Hydro Project (520 MW) near Joshimath on<br />
river Alaknanda. First stage site clearance and<br />
defense clearance for these projects have been<br />
obtained. Preliminary Project Reports for<br />
Loharinag Pala HEP (4x150 MW) and<br />
Tapovan Vishnugad HEP (4x130 MW) have<br />
been submitted to CEA. Detailed Project<br />
Reports are ready. NTPC is also looking into<br />
the possibility <strong>of</strong> considering another 4000-5000<br />
MW Hydro projects subject to timely availability<br />
<strong>of</strong> resources etc. with a view to achieve capacity<br />
addition <strong>of</strong> around15, 000-16,000 MW during the<br />
eleventh plan<br />
To boost its capacity addition programme in the<br />
Hydro Sector, the Corporation has formed a<br />
subsidiary company “NTPC Hydro Ltd.” for<br />
development <strong>of</strong> small and medium scale<br />
hydropower projects, <strong>of</strong> capacity upto 250 MW.<br />
The Government <strong>of</strong> Uttaranchal has allotted Lata-<br />
Tapovan (108 MW) HEP for implementation<br />
by NTPC Hydro Ltd. An MOU to this effect<br />
has already been signed.<br />
LNG Procurement<br />
NTPC has invited bids under International<br />
Competitive Bidding (ICB) process for sourcing<br />
<strong>of</strong> LNG/Natural Gas for expansion <strong>of</strong> gas projects<br />
in Western Region at the first instance,<br />
which is in advance stage <strong>of</strong> finalisation.<br />
First availability <strong>of</strong> LNG/Natural Gas is expected<br />
by year 2007-08. For sourcing <strong>of</strong> LNG relating<br />
to capacity addition at Kayamkulam (for existing<br />
350 MW and expansion <strong>of</strong> 1950 MW), separate<br />
International Competitive Bidding Process has<br />
been initiated.<br />
Coal Mining and Coal Washeries<br />
NTPC has decided to undertake captive mining<br />
to ensure alternative supply <strong>of</strong> coal for meeting<br />
its ever-growing coal requirements. In this<br />
connection, NTPC has identified number <strong>of</strong> coal<br />
blocks in Talcher & North Karanpura coalfields<br />
and has approached <strong>Ministry</strong> <strong>of</strong> Coal through<br />
<strong>Ministry</strong> <strong>of</strong> <strong>Power</strong> for their allotment to NTPC.<br />
NTPC is also planning to set up Coal Washeries.<br />
Joint Ventures<br />
A Strategic Alliance<br />
To tap the growing potential in the field <strong>of</strong><br />
power globally, the Company has entered<br />
into a strategic alliance with Black &<br />
Veatch(B&V),an Internationally acclaimed<br />
Company based in USA. An MOU has<br />
B<br />
been executed between NTPC and B&V to<br />
collaborate, on project to project basis, to<br />
provide efficient and reliable services for<br />
Operational & Maintenance <strong>of</strong> Thermal <strong>Power</strong><br />
Plants and for setting up state-<strong>of</strong>-the-art<br />
power plants for clients in India and abroad.<br />
Various other allied services are also covered<br />
in this MOU<br />
Existing Joint Ventures<br />
UTILITY POWERTECH LTD. (UPL) (a joint<br />
Venture Company <strong>of</strong> NTPC & BSES) which<br />
was formed to take up assignments <strong>of</strong><br />
construction, erection and supervision in<br />
power sector and other sectors in India and<br />
abroad is progressing satisfactorily. The<br />
turnover <strong>of</strong> the Company for the year<br />
2002-2003 was Rs.77.88 crore and pr<strong>of</strong>it<br />
after tax was Rs.4.62 crore. UPL has<br />
received cumulative orders <strong>of</strong> Rs.18.80 crore<br />
(other than <strong>Power</strong> Station Maintenance<br />
Agreement) during the period April 2003 to<br />
March 2004. The turnover and pr<strong>of</strong>it for<br />
the year 2003-2004 have been<br />
Provisionally worked out as Rs.88 crore<br />
& Rs. 3.45 crore (after tax) respectively.<br />
“NTPC ALSTOM POWER SERVICES PVT.<br />
LIMITED” (NASL)<br />
NTPC has formed a JV Company with ALSTOM<br />
POWER GENERATION AG, (formally ABB<br />
KRAFTWERKE AG), under the name <strong>of</strong> “NTPC<br />
ALSTOM POWER SERVICES PVT. LIMITED”,<br />
(NASL) for taking up Renovation &<br />
Modernization assignments <strong>of</strong> <strong>Power</strong> Plants<br />
both in India and abroad. NASL has<br />
achieved a turn over <strong>of</strong> Rs.34.89 crore and pr<strong>of</strong>it<br />
after tax <strong>of</strong> Rs.44.16 lakhs during the year<br />
2002-2003. The provisional turnover and<br />
pr<strong>of</strong>it (after tax) for the year 2003-2004 is<br />
worked out as Rs.100.43 crore & Rs.3.34 crore<br />
respectively.<br />
<strong>Power</strong> Trading Corporation <strong>of</strong> India Ltd. (PTC)<br />
A Company viz. <strong>Power</strong> Trading Corporation <strong>of</strong><br />
India Ltd. Has been formed with an Authorized<br />
Capital <strong>of</strong> Rs.750 crore and paid up capital <strong>of</strong><br />
Rs.91.5 crore. NTPC, NHPC, PGCIL and PFC<br />
have contributed Rs.12 crore each. Tata<br />
<strong>Power</strong> has contributed a total <strong>of</strong> Rs.15 crore<br />
and DVC has contributed Rs.10 crore. FIIs’<br />
have contributed Rs.18.5 crore. PTC is purchasing<br />
power from power Station /SEB’s having surplus<br />
power and selling it to the SEB’s needing power.<br />
The turnover for the year 2002-03 was Rs.927<br />
crore and net pr<strong>of</strong>it after Tax Rs.9.84 crore.