MoP - Ministry of Power

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(C) Strategic Alliances :
As a part of developing strategic alliances as well as deriving
technical strengths, NTPC has entered into MOUs with :
Coal India Ltd. (CIL) with an intent to acquire/ identify and
carry out O&M of coal blocks and integrated power project(s)
in India. A Joint Business Development Group has been
constituted. JV Agreement between NTPC and CIL is under
finalization.
Singareni Collieries Co. Ltd. (SCCL) to take up coal mining
in India and abroad. “NTPC-SCCL Global Ventures Pvt.
Ltd.”. a JV company has been formed with SCCL on
18.06.2007.
Bharat Earth Movers Ltd. (BEML) to maximize/ optimize
coal production through deployment of fleet of equipment
required for mining with the object to minimize the cost of
coal. A Joint Working Group was formed on 11.04.2007.
SAIL, RINL, CIL, NMDC & NTPC for acquiring Coal Blocks
(Coking Coal & Thermal Coal) outside India. CCEA has
already approved the formation of a Special Purpose Vehicle
(SPV) for the purpose.
7.4 Joint Ventures
7.4.1NTPC-SAIL Power Company Private Limited
NTPC-SAIL Power Company Private Limited (NSPCL), a
Joint Venture of NTPC and SAIL on 50:50 basis,
incorporated on 16.03.2001. BESCL (Bhilai Electric Supply
Company Pvt. Ltd.), another joint venture company
incorporated in March 2002 was merged with it w.e.f.
02.08.2006. The company owns, operates and maintains
Captive Power Plants (CPP-II) of 74 MW located at Bhilai
Steel Plant, 120 MW at Durgapur Steel Plant and 120 MW
at Rourkela Steel Plant. Total installed capacity of NSPCL
is 314 MW.
These plants are supplying power to the respective steel
plants on captive basis. During the year 2006-07, NSPCL
achieved record generation of 2503.43 Million Units as
against the last year’s generation of 2454.12 Million units
registering an increase of 2.01%. NSPCL is also
implementing (2x250 MW) Bhilai Expansion Power Project
primarily for meeting captive power requirement of Bhilai
Steel Plant and other units of SAIL.
Total Income (excluding coal cost) of NSPCL during 2006-
07 was Rs 200.9 Crores. Profit (after tax) of the company
for the year 2006-07 was Rs 39.0 Crores.
7.4.2 NTPC Alstom Power Services Limited
NTPC Alstom Power Services Limited (NASL) is a 50:50
joint venture between NTPC and Alstom Power Generation
AG, which was incorporated on 27.09.1999 for taking up
Renovation & Modernisation (R&M) assignments of power
plants in India and abroad. NASL is engaged in undertaking
works of Renovation & Modernization of Power Plants in
India for plant life extension, performance optimization and
improvement of availability & efficiency. Turnover of the
company for the year 2006-07 was Rs. 46.5 crores and profit
after tax was Rs. 3.0 crores.
7.4.3 Utility Powertech Limited
Utility Powertech Limited (UPL) (a 50:50 Joint Venture
Company of NTPC and Reliance Energy), incorporated on
23.11.1995 to take up assignments of construction, erection
and project management in power and other sectors in India
and abroad is progressing satisfactorily. Profit after tax of
the JVC for the year 2006-07 was Rs. 9.3 crores and the
turnover was Rs. 180.9 crores.
7.4.4 PTC India Ltd
Joint Venture company formed on 23.05.2003 for trading of
power, has 8% equity contribution each from NTPC, Power
Grid Corporation of India Ltd., Power Finance Corporation
and NHPC and the balance from Damodar Valley
Corporation, Financial institutions, Banks and general public.
Turnover of the company for the year 2006-07 was Rs.
3785.9 crores and profit after tax was Rs. 35.2 crores.
7.4.5 NTPC Tamil Nadu Energy Company Limited
(NTECL)
NTPC and TNEB have formed a 50:50 Joint Venture
Company under the name of NTPC Tamil Nadu Energy
Company Limited (NTECL). The company was incorporated
on 23.05.2003 to set up a coal based power station of 1000
MW capacity. NTECL has undertaken to set up a 2x500
MW power project at Ennore, in the State of Tamil Nadu
since named as Vallur Thermal Power Project. All the key
inputs and necessary clearance have been tied-up/ obtained
for the project and the project is under implementation.
Second phase of 1x500 MW has also been planned. Both
the phases are targeted for commissioning in 11th plan.
7.4.6 Ratnagiri Gas and Power Private Limited (RGPPL)
Ratnagiri Gas and Power Supply Pvt Ltd has been formed
on 08.07.2005 as a joint venture company between NTPC,
GAIL, Maharashtra State Electricity Board and Indian
Financial institutions with NTPC having a stake of 28.33%
for taking over and operating Dabhol Power Project. NTPC
has invested Rs 500 Cr as 28.33% equity. Generation has
already started from 1480 MW (two of the three blocks), out
of the total capacity of 2140 MW.
7.4.7 Aravali Power Company Private Limited (APCPL)
Aravali Power Company Private Limited has been formed
on 21.12.2006 as a 50:25:25 joint venture company between
NTPC, HPGCL (Haryana Power Generation Corporation
Ltd., a Govt. of Haryana undertaking) and IPGCL (Indra
Prastha Power Generation Company, Govt. of NCT of Delhi