Untitled - Ministry of Power

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