NTPC Q2 FY 2009-10

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Mr. A. K. Singhal:Good afternoon.Mr. Abhishek Tyagi:Sir, just couple of queries. If you can just help me with which all plants are targeted forcommissioning in the current fiscal sir?Mr. A. K. Singhal:That is I have already told, two units of 660 MW at Sipat, two unit of Dadri 980 MW,and one unit of Korba 500 MW.Mr. Abhishek Tyagi:Thank you sir. Secondly, on your note number 2, regarding surplus AAD amount of Rs.274 crores, which is booked in sales in the current quarter, sir is this a recurring item orwill this be only in this current quarter?Mr. A. K. Singhal:It won’t be a recurring item, it is one time in the current year, but there may be someamount coming in the subsequent years.Mr. Abhishek Tyagi:Sir, this will be net off from Rs. 1936 crores i.e. the AAD amount which you have in thebalance sheet as of 31 st March <strong>2009</strong>.?Mr. A. K. Singhal:Yeah, this is out of that only.Mr. Abhishek Tyagi:Okay sir, thanks a lot. Thank you.Operator:Thank you sir.Next in line, we have a question from Mr. Atul Tivari from Citi Group. You may goahead, please.Mr. Atul Tivari:8
Hello sir. Sir, first of all congratulations on a great set of numbers.Mr. A. K. Singhal:Thank you.Mr. Atul Tivari:Sir, I have two broad kind of questions. Sir, the first question is regarding the capacityaddition in current plan; sir, what is your estimate that how much capacity will comeonline in current plan by 2012 in India?Mr. A. K. Singhal:In a recent exercise carried out by Planning Commission, we are confident that theywould be able to reach almost 70,000 MW of capacity addition during the current planperiod. Some of the units which are to be added on best effort basis have not beenconsidered, may be after considering them, they may achieve the target of 78,000 MW.Mr. Atul Tivari:Okay, but sir is there any likelihood of this being below 70,000 say towards 60,000?Mr. A. K. Singhal:It is difficult for me, you can see estimate has to be done by the Ministry of Power. WhatI am communicating to you is based on the estimates done by Ministry of Power.Mr. Atul Tivari:Okay sir, and my second question is regarding the merchant power rates; sir, currently therates are very high, but with the addition of this capacity, do you think that current ratesare sustainable, and if they are not, then to what level they are likely to fall and whatcould be the long term merchant rates as per your estimates?Mr. A. K. Singhal:I would only say that it is not a sustainable model, beyond that it would be difficult forme to talk on this issue.Mr. Atul Tivari:Okay sir. Thank you. Thanks a lot for answering my questions.Operator:9
Page 1 and 2: NTPCQ2 FY 2009-10TRANSCRIPTION REPO
Page 3 and 4: Today the company has announced the
Page 5 and 6: If we carry out one off adjustments
Page 7: Coming back to our joint ventures,
Page 11 and 12: One time expense?Mr. A. K. Singhal:
Page 13 and 14: Next in line, we have a question fr
Page 15 and 16: Mr. Shubadip Mitra:Sir, this is wit
Page 17 and 18: Thank you sir.Our next question com
Page 19 and 20: For Q2, that same number is about 2
Page 21 and 22: Great sir. Thanks very much.Operato
Page 23 and 24: Mr. Shankar K.:No, I don’t want t
Page 25 and 26: Okay sir, so should we then ignore

NTPC Q2 FY 2009-10

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