Untitled - Ministry of Power
Untitled - Ministry of Power
Untitled - Ministry of Power
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JOINT VENTURE WITH SAIL<br />
(i) The turnover <strong>of</strong> the Company “NTPC-SAIL<br />
POWER COMPANY (Pvt.) LTD.” (NSPCL)<br />
for the year 2003-2004 was Rs.300 crore<br />
(Provisional) as compared to Rs.278 Cr. during<br />
2002-03, registering an increase <strong>of</strong> 8%. The<br />
pr<strong>of</strong>it (after tax) <strong>of</strong> the Company for the<br />
year 2003-04 was Rs.25.01 Cr. (Provisional).<br />
The Company generated total <strong>of</strong> 1666 MU at<br />
Rourkela CPP-II and Durgapur CPP-II<br />
during 2003-04.<br />
(ii) The Turnover <strong>of</strong> the Company “BHILAI<br />
ELECTRIC SUPPLY COMPANY Private<br />
Limited (BESCL)”, another Joint Venture <strong>of</strong><br />
NTPC & SAIL was Rs.147 Cr. (Provisional)<br />
during 2003-04 as against Rs.140 Cr.<br />
during 2002-03, registering an increase<br />
<strong>of</strong> 5%. The pr<strong>of</strong>it (after tax) <strong>of</strong> the Company<br />
for the year 2003-04 was Rs.7.02 Cr.<br />
(Provisional). The Company generated 521<br />
MU during 2003-04. In addition Bhilai CPP-<br />
II supplied 11.95 lakh tonne Saturated Steam<br />
to Bhilai Steel Plant during 2003-04.<br />
NTPC and TNEB have formed a Joint Venture<br />
Company under the name <strong>of</strong> “NTPC-Tamil<br />
Nadu Energy Company Ltd.”. The<br />
Company was incorporated on 23 rd May<br />
2003 to set up a coal-based power<br />
station <strong>of</strong> 1000 MW capacity, at Ennore,<br />
using Ennore port Infrastructure facilities.<br />
Site Specific & other studies are presently<br />
under progress to establish the feasibility <strong>of</strong><br />
setting up <strong>of</strong> the project.<br />
C Activities for New Joint Ventures<br />
a) Joint Venture with Railways<br />
NTPC has signed an MOU with <strong>Ministry</strong> <strong>of</strong><br />
Railways on 18.02.2002 for setting up power<br />
plant(s) <strong>of</strong> 2000 MW capacity to meet the<br />
traction and non-traction power requirement<br />
<strong>of</strong> Railways. After studying various sites in<br />
India, it has been decided to set up a 1000<br />
MW (4x250 MW) power plant at<br />
Nabinagar, Bihar. FR for this project has<br />
been prepared. PIB meeting for the project<br />
was held on 13.02.04. Cabinet note is under<br />
preparation. Cabinet approval will be sought<br />
after State Pollution Control Board clearance<br />
and MOE&F clearance is available.<br />
b) Take Over <strong>of</strong> Muzaffarpur Thermal<br />
<strong>Power</strong> Station (MTPS)<br />
Meetings were held with BSEB and GOB<br />
for the transfer <strong>of</strong> the MTPS to NTPC on a<br />
long-term lease and for NTPC to carry out<br />
the necessary R&M for improving the<br />
performance <strong>of</strong> the station. Draft agreements<br />
had been prepared after discussion with<br />
GOB/BSEB. ‘In-principle’ approval <strong>of</strong><br />
c)<br />
GOB for handing over the Station to<br />
NTPC is awaited from Govt. <strong>of</strong> Bihar.<br />
Joint Venture with BHEL<br />
MoU has been signed between NTPC and<br />
BHEL on 19th June 2003 to take up EPC<br />
jobs, running maintenance and<br />
d)<br />
peripheral activities in India & abroad.<br />
Joint Venture Company will be formed after<br />
signing the Joint Venture agreement, which<br />
is under approval <strong>of</strong> the management <strong>of</strong><br />
NTPC & BHEL. JVA will be signed by<br />
BHEL & NTPC after management approval<br />
in both organizations.<br />
Joint Venture with REC<br />
NTPC is exploring the possibility to take up<br />
Decentralized Distributed Generation<br />
(DDG) for rural electrification through<br />
Non-Conventional energy resources such<br />
as Biomass, Solar etc. REC has shown<br />
keen interest in joining with NTPC for<br />
implementation <strong>of</strong> such projects. MoU has<br />
been signed with REC on 23.03.04. A task<br />
force is being formed to handle the projects<br />
under DDG.<br />
e) Joint Venture with GPCL<br />
MoU has been signed on 20.02.04 between<br />
NTPC, Gujarat <strong>Power</strong> Corporation Ltd.<br />
(GPCL), and GEB to set up 1000 MW<br />
Thermal <strong>Power</strong> Project at Pipavav in<br />
Gujarat. Draft share acquisition &<br />
f)<br />
shareholders agreement is under preparation.<br />
MoU with KSIDC<br />
A MoU was signed on 14.01.04 with KSDIC<br />
for extending all the necessary assistance<br />
to expand Kayamkulam Combined Cycle<br />
<strong>Power</strong> Project to 1950 MW using LNG<br />
as fuel.<br />
Subsidiaries<br />
A NTPC Electric Supply Co. Ltd.(NESCL)<br />
A wholly owned Subsidiary Company for<br />
power distribution business namely, NTPC<br />
Electric Supply Company Ltd. has been<br />
formed to take up power distribution activities.<br />
NTPC Electric Supply Company Ltd. (NESCL)<br />
has been awarded the consultancy work <strong>of</strong><br />
Project Monitoring and Quality Assurance and<br />
Inspection <strong>of</strong> APDRP circles <strong>of</strong> Indore and<br />
Ujjain along with 8 districts <strong>of</strong> Western Zone<br />
<strong>of</strong> MPSEB for a total value <strong>of</strong> Rs 191 lakhs<br />
by Madhya Pradesh State Electricity<br />
Board (MPSEB) / Madhya Pradesh<br />
Pashchim Kshetra Vidyut Vitaran<br />
Company Ltd. (MPPKVVCL).<br />
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