MoP - Ministry of Power

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7.5.2.3 Joint Venture with Bharat Earth Movers Limited
(BEML)
An MOU has been signed with Bharat Earth Movers Limited
(BEML) on 14.02.07 to explore the possibility of joint business
development mainly in the field of contract coal mining.
7.5.2.4 Acquisition of stake in TELK
A Business Collaboration and Share Holders’ Agreement
has been signed on 23.06.07 amongst Govt. of Kerala,
TELK and NTPC to acquire around 44.6% stake of TELK,
held by Govt. of Kerala. .
7.5.2.5 Joint Venture with ADB
An MOU has been signed between NTPC and ADB on
23.07.07 for Establishment of Power Generation of about
500 MW through Renewable Energy Sources.
7.5.2.6 SPV among CIL, SAIL, NMDC, RINL and NTPC
An MOU has been signed amongst NTPC, RINL, SAIL,
NMDC and CIL for sourcing Cooking coal and Thermal coal
from abroad.
7.5.2.7 MOU with Society for Integrated Circuit
Technology and Applied Research (SITAR) for
Solid State Lighting (SSL) using White Light LED.
MOU has been signed on 7 th Nov.2006 for using White lights-
LED for energy conservation.
7.5.2.8 MOU with REC
MOU signed with REC on 16.08.04 to pursue MOP’s
programme of electrification of rural village & households
under the “Rajiv Gandhi Grameen Vidyutikaran Yojana”
(RGGVY) for the work related to Rural Electrification in the
states of West Bengal, Chhattisgarh, Jharkhand, Madhya
Pradesh and Orissa. Separate quadripartite agreement
among REC, NTPC, State Government and SEB have been
signed for WB, Chhattisgarh, Jharkhand and Madhya
Pradesh.
7.5.2.9 MOU with The Energy & Resource Institute
(TERI)
MoU signed with The Energy and Resource Institute (TERI)
in March 2005 for a Joint Programme on Distributed
Generation and Rural Electrification.
7.5.2.10 MOU with Kyushu Electric Power Company
(KEPCO) Japan
MoU was signed on 19.02.07 to adopt best practices
between NTPC & KEPCO.
7.5.2.11 JV with BHEL
An MOU has been signed on 07.09.07 for taking up EPC
contracts for Power Plants.
7.6 Subsidiary Companies
7.6.1 NTPC Vidyut Vyapar Nigam Limited (NVVN)
NTPC Vidyut Vyapar Nigam Ltd. (NVVN) is a wholly owned
subsidiary of NTPC, formed on 01.11.2002. The company
is holding category “F” license for power trading. In view of
the market potential for fly ash and fly ash related products,
the company entered into ash business in the year 2005.
Gross Revenue of the company for 2006-07 is Rs. 880.80
crores and Profit After Tax is Rs. 6.50 crores.
During the year 2007-08, NVVN traded 2219.58 MUs upto
30.11.07 and transacted business with 24 State Utilities. Most
of the power during this year has been traded under power
banking arrangements with various utilities. The major sellers
/ buyers of power were TNEB (Tamil Nadu), MPPTC
(Madhya Pradesh), HPGCL (Haryana), KSEB (Kerala),
PSEB (Punjab), APPCC (Andhra Pradesh), J&K, CSEB
(Chattisgarh), MSEDCL (Maharashtra) and TSECL (Tripura).
In ash business, NVVN sold 110 MT of Cenosphere during
the year 2007-08 upto 30.11.07. Sale of fly ash to domestic
industries has been tied from Dadri power station of NTPC
and Export orders for 22000 MT of fly ash placed from
Simhadri power station of NTPC.
7.6.2 NTPC Electric Supply Company Ltd. (NESCL)
NTPC Electric Supply Company Limited (NESCL) is a
wholly owned subsidiary of NTPC, formed on 21.08.2002.
The business objectives of the company are to acquire,
establish & operate Electricity Distribution Network in various
circles/cities across India with a clear mission to create a
role model in the electricity distribution business by setting
new benchmarks. Further the company was also mandated
to take up consultancy and other assignments in the area of
Electrical Distribution Management system.
While efforts are on for having the presence in the retail
electricity distribution business in the existing licensed areas,
the company is also considering to realign the business focus
in the green field and brown field areas of retail distribution
of electricity like Industrial Parks, New Residential /
Commercial Complexes and SEZs. Company is also
engaged in the consultancy services to various power utilities
in the area of turnkey execution of development of
distribution network and third party inspection services for
materials / equipments being procured by them.
With the objective of sectorial support in the area of
distribution, NESCL has been assigned by NTPC the
responsibility of following programs of GoI under MoP:
- Accelerated Power Development and Reform
program (APDRP) as lead Advisor cum Consultant (AcC)
to monitor distribution reform & implementation of APDRP
schemes in the States of Uttrakhand, Punjab, Haryana,