MoP - Ministry of Power

80
Plants at Durgapur, Raurkela and Bhilai, under Joint Ventures
with SAIL and 1480 MW (4x240+2x260 MW) Ratnagiri Gas
And Power Private Limited under Joint Ventures with GAIL.
The generation performance of NTPC Stations has
consistently been at high level. The gross generation from
NTPC stations, excluding joint ventures, during the year 2007-
08 (upto 30.11.2007) has been 129631 MUs as against
119832 MUs generated during the same period last year.
NTPC achieved a PLF of 89.34% with availability of 89.79%
during the period.
4.0 COMMERCIAL PERFORMANCE
Allocation of power from New Projects
a. Allocation of power from Sipat STPS Stage-I
(3x660MW) and Sipat STPS Stage-II
(2x500MW) was issued by MOP on 12.11.2007
and 25.09.2007 respectively. Further,
reallocation of power from Talcher STPS Stage-
II (4x500MW) incorporating allocation of 200 MW
(10%) to State of Orissa as Home State share
was issued by MOP on 19.04.2007.
b. Allocation of power from Meja TPS (2x660MW)
and Tanda expansion project (2x660 MW) for
Uttar Pradesh was issued by MOP on
26.10.2007.
Status of PPAs
As part of the efforts to ensure viability of its investment, the
company continued its practice of signing PPAs for sale of
power from New Projects. During the year 2007-08 (till
November 2007), following PPAs were signed :
Sl. No. Project Name of Utilities
1. Barh STPP Stage-I (3x660MW)
2. Barh STPP Stage-II (2x660MW)
3. Bongaigaon TPP (3x250MW)
4. Sipat STPP Stage-I & II (3x660+2x500 MW)
5. Simhadari STPP Stage-II (2x500 MW)
6. NTPC’s Power Stations in ER
7. North Karanpura STPP (3x660MW)
8. NCTPP, Dadri Stage-II (2x490MW)
9. Mauda TPP (2x500MW)
Uttar Pradesh
Jharkhand, Maharashtra, Goa, Sikkim, Dadra
Nagar Haveli, Daman & Diu, Bihar, Madhya
Pradesh, Chattishgarh and Uttar Pradesh
Meghalaya, Tripura, Manipur, Mizoram, Arunachal
Pradesh, Assam, Nagaland and Jharkhand
Railways
Kerala and Pudducherry
Tripura
Uttar Pradesh
Uttar Pradesh
Maharashtra, Chattisgarh, Goa, Daman & Diu and
Dadra Nagar Haveli
MOU signed with Uttar Pradesh for Power Supply from Meja TPP (2x660MW) on 22.11.2007.
Settlement of Outstanding Dues of NTPC
The amount billed for the financial year 2007-08 (upto
November 2007) was Rs.21423.62 crores with realization
of Rs.21323.67 crores. The balance payment is likely to be
received in December 2007, leading to 100% realization of
dues against the energy supplied to various beneficiaries
for fifth successive year.
Government of Bihar are paying Rs. 60 Crs. per month w.e.f.
April 2006 directly from RBI account to NTPC against monthly
bills for energy supplied from NTPC stations to BSEB.
However, the arrears of Rs.1310.83 crores, including 40%
surcharge, pertaining to the period upto 30.09.2001 payable
by Govt. of NCT Delhi for DESU period to NTPC are yet to
be settled. For settlement of these dues. MOP had put up
a proposal to CCEA for securing the dues of DESU period
applying the principal of TPA. CCEA directed that first a
meeting by Secretary (Expenditure) be convened with
concerned Officials for settlement. In the first meeting
convened by Secretary (Expenditure), the methodology for
securitization of these dues were discussed. To finalise this,
a meeting was again taken by Secretary (Exp.) Ministry of
Finance with Ministry of Power on 26.07.2005. A meeting
was again held on 16.01.2007 between JS & FA and
Secretary (Expenditure) to resolve the issue. In this regard,
a draft cabinet note has been prepared and circulated by
Ministry of Power and is under finalisation.
Status of implementation of One-Time Settlement
Scheme (OTS)
a. Redemption and servicing of Bonds Under One Time
Settlement
RBI has redeemed third installment (5%) due on
01.10.2007 against bonds issued on behalf of State
Government. Further, full redemption under call option