MoP - Ministry of Power

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State Electricity Board (BSEB) as per the decision of Govt.
of India to take over Muzaffarpur Thermal Power Station
(2x110 MW) at Kanti for Restoration, R&M, O&M. NTPC
shall have a majority stake in the company, and the balance
stake shall be with BSEB.
7.6.5 Pipavav Power Development Company Ltd.
(PPDCL)
An MOU was signed between NTPC, Gujarat Power
Corporation Ltd. (GPCL) and Gujarat Electricity Board
(GEB) on 20.02.2004 for development of a 1000 MW
thermal power project at Pipavav in Joint Venture with GPCL.
Recently Ministry of Power has directed for discontinuation
of its involvement in view of Govt. of Gujarat’s decision to
develop the project with another strategic partner.
Accordingly, the process has been initiated for settlement
of dues of NTPC on GPCL and State Govt. of Gujarat and
thereafter steps will be taken for winding up of PPDCL.
8.0 RIGHT TO INFORMATION ACT, 2005
NTPC being a public authority as per Right to Information
Act, 2005 has appointed the Central Public Information
Officer (CPIO) and Appellate Authority and information on
the same has been placed on NTPC’s website. NTPC has
been implementing the RTI Act since October, 2005. As on
30.11.2007, 677 applications have been received and 670
have been replied.
9.0 RISK MANAGEMENT POLICY
Since inception of NTPC, the company is having systems
and practices which have helped in identifying risk and taking
measures to mitigate those risks. As a further step towards
institutionalising this system, a risk management policy was
formulated in fiscal 2005. As an initial step, the policy
identified risks being faced by the company, the short term
as well as long term measures, to mitigate those risks and
also to put in place a reporting system, which would enable
critical risks beyond certain tolerance levels to be reported
for further action. Further, the policy has been reviewed and
with a view to strengthen the policy, a consultant is being
appointed to suggest a detailed enterprise wide framework
for Risk Management, Internal Controls and other disclosure
requirements in accordance with regulatory provisions.
10.0 CONSULTANCY SERVICES
During the Current year (2007-08) up to November 2007,
the consultancy wing has secured orders from Domestic
Client worth Rs. 98.12 Crores. This includes assignment
from DVC for preparation of Technical specification, tender
document and evaluation of bids for water system package
and coal handling plant package for their 2x500 MW
Koderma TPS, Construction of bays at Korba STPS
Switchyard for Korba-Brigsinghpur-Damoh 400 kV D/C
Transmission line on deposit work for PGCIL, Development
of Integrated computerized plant management system at
Kota STPS and Suratgarh STPS for Rajasthan Vidyut
Utpadan Nigam Ltd. (RVUNL), Pre award & Post award
engineering, Contract administration, QA&I, assistance
during commissioning PG test & Project Monitoring for
Aravali Power Company Pvt. Ltd. and Lender’s engineer
services to M/s Rural Electrification Corp. Ltd. for setting up
of 2x135 MW TPP (Phase-I) by M/s Wardha Power
Company Pvt. Ltd.
Overseas Business Initiative
In line with NTPC’s Globalization initiatives, the company is
making consistent efforts to enter the overseas markets in
the Middle East, Asia-Pacific and African regions for
consultancy business and has already opened its
representative office in Dubai. The consultancy wing has
completed an order involving Energy Audit of 15 stations of
Saudi Electric Company in Saudi Arabia and has also
secured order from M/s Green Energy Consultancy, Dubai
for Review engineering of 2 nos 132/ 11 kV GIS sub station
of Dubai Investment Park.
NTPC has signed a Memorandum of Agreement with the
Government of Sri Lanka and Ceylon Electricity Board (CEB)
for development of a 2x250 MW Coal based power project
at Trincomalee in Sri Lanka. The project would be developed
through a joint venture company between NTPC and CEB.
NTPC is also exploring a business opportunity in Nigeria for
sourcing of LNG. A MOU has been signed between NTPC
and the Ministry of Energy, Federal Government of Nigeria
(FGN) on 22.05.07 at Abuja, Nigeria. As per the MOU, FGN
shall provide at least three (3) million tones per annum of
LNG to NTPC, subject to availability, for a period of 25 years
at a reasonable price from existing/ future LNG projects
where production is likely to commence within 5 to 6 years
for use in NTPC power plants in India. Upon successful
operation of above obligation by FGN, NTPC shall set up
and operate a 500 MW Coal based power plant and a 700
MW Gas based power plant in Nigeria subject to techno
economic feasibility.
NTPC had submitted three training proposals to Public
Electricity Corporation (PEC), Yemen and one offer to a
contracting company in Kuwait for supervision of erection
and commissioning of 800 MW GT plant at Az Zour, Kuwait.
Further for promoting awareness about NTPC expertise,
an organized campaign has been launched under which
NTPC Consultancy have released two (2 nos.)
advertisements in various leading technical journals and had
also participated in seven (7) expos in different countries.
11.0 HUMAN RESOURCES
As on 30.11.2007, NTPC had a total of 25139 employees
on the rolls of the company. Considering an exponential
capacity addition plan during the next 5 years, NTPC
strengthened its induction plan by campus recruitment at
the premier institutes of the country for its executive trainees.
The training plans/ syllabus were also reviewed to ensure
the delivery of the quality training to the young graduates.