Tag Archives: NTPC

8 thermal plants in country has nil coal stock — CEA

Nil coal stock at 8 thermal plants of country
Friday July 18, 2014
Chandigarh
8 thermal plants in the country have nil coal stock , 7 plants have one day stock and another 12 has less than 4 days coal stock , according to latest report of Central Electricity Authority (CEA).
CEA monitors 100 thermal plants with generation capacity of 113020 MW across country for the coal stock has reported in its report that average coal stock of all the thermal plants is sufficient for 7 days. The daily coal requirement for these plants is 14,83,000 metric tons .The thermal plants are supposed to maintain coal stock of 21 days during monsoon season as the coal supply is hampered during rainy season.
It may be mentioned that during rainy season it becomes difficult for Coal India to replenish the coal stock and in case on any disruption the coal supply is stopped to number of thermal plants in country.
The coal stock at 27 thermal plants is less than 4 days and western region is worst hit as 12 plants with super critical coal stock are from this region. 5 thermal plants in each region are having coal stock of less than 4 days. In northern region Rajpura thermal plant in Punjab, Rihand and Anapara C in Uttar Pradesh have reported nil coal stock .
The main reason given for less coal stock is regulated coal supply by Coal India due to several constraints. The reason may be less allocation of coal, transportation problems of Railways and inability of new plants to handle coal.
In case of Punjab the coal stock at state run thermal plants at Lehra Mohabatt and Ropar is sufficient for 6 and 12 days respectively. In case of private thermal plants at Rajpura and Talwandi Sabo ctock is 1l and 2 days respectively
The coal position in all the three thermal plants of Haryana is comfortable. Panipat thermal has 31 days coal stock while Yamuna Nagar and Khedar have 28 days coal stock.
Meanwhile NTPC has reported that the six thermal plants, with a total generation capacity of 17,000 MW, have “reached at a critical level of coal” sufficient for less than two days.

Power crisis in Delhi averted; NTPC paid Rs 700 cr dues by BSES discoms

Two state-owned lenders to the electricity sector, Power Finance Corporation (PFC) and Rural Electrification Corp (REC), have rescued Reliance Infrastructure-owned power distribution companies in Delhi by helping them pay off generator NTPC Ltd’s past dues.

PFC and REC together disbursed Rs 1,000 crore loan to the two discoms – BSES Yamuna (BYPL) and BSES Rajdhani (BRPL) — today. It was the last day for clearing NTPC’s Rs 700 crore dues as per Supreme Court’s May 6 order. NTPC had been threatening to cut off the national capital’s supply if unpaid.

“Both PFC and REC have disbursed Rs 500 crore loan each, as requested by BSES, today. NTPC has been paid,” said a person close to the development.

A senior NTPC executive confirmed saying, “The payment of Rs 700 crore due from the BSES firms has been received. We will not regulate (cut off) power supply now.”

NTPC had in May sought the apex court’s permission to begin regulation of power supplied to BSES firms arguing nearly 75 per cent of the payments received from these two firms go to Coal India Ltd and if the two companies do not pay, NTPC’s Badarpur thermal plant will not be able to supply electricity to Delhi.

The payment dues of Rs 700 crore cleared today included arrears for power supplied by NTPC to the two discoms in April and part payment due for supplies to BYPL for electricity purchased between January and March. The apex court had allowed the generator to snap supply if unpaid.

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Source: BS

NTPC lines up Rs. 30,000-cr acquisitions in power sector

In what would emerge as the biggest acquisition in the country’s power sector, India’s largest power company, National Thermal Power Corp (NTPC) is all set to acquire Rs. 30,000 crore worth of coal-based power projects soon.

Flooded with as many as 31 proposals in response to an expression of interest (EoI) floated by NTPC, the state-owned company is in the process of seeking board approval to invest close to Rs. 10,000 crore to acquire some of the best thermal power projects in the country that have been put up by developers including Jaypee Power, Lanco, Sterlite, GVK, GMR among others.

“We will invest anywhere up to Rs. 10,000 crore to acquire thermal power projects while the balance amount will be raised as debt,” a senior NTPC official told HT.

“The 31 proposals or EoIs that we have received were put up before the board at its last meeting on Friday,” he added.

When contacted, NTPC chairman and MD Arup Roy Choudhury refused comments saying that the process was confidential. He, however, said that the acquisition process will be completed before year-end.

The company is keen to acquire six-seven thermal projects by way of a complete takeover, NTPC officials said. Jaypee Group’s 500-MW Bina thermal project along with its 1,320-MW Nigrie thermal project in Madhya Pradesh, besides its 1,980-MW Bara project in Uttar Pradesh are on NTPC’s radar.

Spokesperson and officials of JP Power and Sterlite said they do not comment on market speculation while others were not reachable for comments. However, NTPC officials confirmed that all these developers had submitted EoIs to the company.

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Source: Hindustan Times

NTPC wary over Alstom graft probe

NTPC is yet to award a power generation equipment order valued at around Rs1,270 crore to Alstom JV

Concerned over the US justice department’s bribery investigation of France’s Alstom SA, India has raised the issue with the chief executive of Levallois-Perret headquartered firm.
State-owned NTPC Ltd is yet to award a power generation equipment order valued at around Rs.1,270 crore to a joint venture of the French firm, whose energy business is being eyed by General Electric Co. and Siemens AG. General Electric has made a €12.4 billion offer for Alstom’s energy business.
Arup Roy Choudhury, chairman and managing director of NTPC took up the matter with Alstom’s chairman and chief operating officer (CEO), Patrick Kron, on his visit to India in April.
This comes at a time when India’s largest power generation utility is worried over the raft of corruption scams that have hit the Congress-led United Progressive Alliance (UPA) government.
“There have been some concerns,” an NTPC executive said, speaking on condition of anonymity. “We have taken it up at the appropriate level.”
The turbine and generator order for the additional 1,320 MW at 440 MW Tanda project in Uttar Pradesh is to be awarded to the venture of Alstom and Bharat Forge Ltd.
“We are seized of the issue,” said a second NTPC executive who didn’t wished to be identified.
These orders are part of the bulk orders floated by NTPC where bidders were short-listed but contracts couldn’t be awarded due to lawsuits, land acquisition issues and the lack of coal linkages to fuel its projects. These bulk tenders were for nine units of 800MW each and for the supply of 11 boilers and 11 turbines of 660MW each.
“Alstom has briefed (us) about their compliance policy, certification from ETHIC Intelligence for its anti-corruption compliance programme and third party external audits conducted by Geneva-based SGS Audit,” a third NTPC executive said, asking not to be named. “They have assured us that Alstom is following fair business practices and shall be deputing a compliance officer for briefing further developments on the ongoing probe.”
ETHIC is a certification agency specializing in anti-corruption compliance programmes and SGS Audit is an audit services provider.
“The information is partially correct to the extent that Patrick Kron, chairman and CEO of Alstom, met NTPC top management as a general courtesy call. The meeting was taken on Alstom initiative as Patrick Kron was in Delhi for a day’s visit,” an Alstom India spokesperson said in an emailed response. “Alstom Bharat Forge JV has submitted a competitive bid for the 2x660MW Tanda TG package. As per NTPC Tanda tender requirements, said JV has also submitted an integrity pact. Having made a competitive offering, Alstom Bharat Forge JV expects a positive decision from NTPC.”
In response to an email query on 1 May to Bharat Forge, a company spokesperson said in a text message that he was on vacation.
Alstom has an earlier association with NTPC. It emerged s the lowest evaluated bidder for a steam turbine generator package in a 660 MW bulk tender and were awarded the Nabinagar (3 units), Solapur (2 units) projects valued at around Rs.3,819 crore.
“The award of contracts to Alstom for Nabinagar and Solapur were placed in 2012-13, while the reports regarding alleged bribery probe of energy projects by US justice department is a recent development that came to light. However, upon learning this news, NTPC’s chairman took up the matter with visiting chairman and CEO, Alstom Global, Patrick Kron on 2 April,” said the third NTPC executive.
India is important in Alstom’s scheme of things. The country has accounted for about 10% of the French company’s orders in the past seven years. Alstom employs around 8,000 people in the country—the largest outside France. The company is also in the running for the project to set up railway locomotive factories at Madhepura and Marhowrah in Bihar.
“It is gathered from news reports that General Electric Co. made an offer for acquiring Alstom energy business and Siemens is also planning a possible counterbid to GE offer. In the absence of exact terms of acquisition, NTPC is currently not in a position to assess any potential impact on its contracts placed with Alstom. However, as per the agreement signed by Alstom, it is legally bound to honour and fulfil their obligations under the contract,” said the third NTPC executive.
NTPC has the capacity to generate 43,039 megawatts (MW) of electricity with 16 coal-fuelled projects.
Source : Livemint

AIPEF opposes move to dismantle DVC

AIPEF opposes move to dismantle DVC
Tuesday April 29, 2014
Chandigarh
All India power Engineers Federation (AIPEF) has urged the Prime Minister to stop the game plan of Arup Roychudhary NTPC Chairman who also holds the charge of Chairman Damodar valley Corporation (DVC) and is awfully keen to get 1320 MW Katwa project and for which he is prepared to sell DVC Transmission assets to West Bengal..
Arup Roychoudhry CMD NTPC is keen to start work on Katwa project of 1320 MW in West Bengal at the earliest. However this can be possible only with the consent of West Bengal Government and for this West Bengal is demanding that as a pre condition DVC must hand over its 220 KV and 132 KV transmission system in West Bengal area to it.
This is a glaring case on misuse of authority on part of CMD NTPC to sell off DVC transmission assets ( misusing his position as CMD DVC) just in order to help NTPC get business of executing a 1320 MW project..Katwa. How an officiating chairman can take such major policy decisions without seeking the consent of other stake-holders, said Padamjit Singh, Chief Patron of AIPEF.
Arup Roychoudhry who is holding the dual charge of Chairman DVC has not used his expertise or resources of NTPC to help the DVC thermal projects in trouble. While DVC Raghunathpur project is stalled and 4 years behind schedule the priority of Arup Roychoudhry is to grab Katwa project for NTPC.
AIPEF in its letter has alleged that Chairman DVC it is not fair to favor one stakeholder West Bengal while putting Jharkhand to disadvantage and while ignoring the Government of India which is third stakeholder.
AIPEF has urged the Government to Since the selection process of new Chairman DVC had been completed GOI must appoint the new Chairman DVC whose selection process has been completed so that further damage to DVC can be avoided.
At a board meeting held in Calcutta on April 21, DVC top brass discussed the proposal to hand over high tension transmission and distribution systems in Bengal along with its existing consumers to West Bengal State Electricity Distribution Company Limited.
It may be mentioned that the DVC was formed by an act passed by Parliament in 1948. Its ownership is shared proportionately by the Centre, Jharkhand and West Bengal. Its assets, therefore, cannot be segregated on the basis of geographical presence. If done, it would go against the very purpose of DVC’s formation.

NTPC frames new policy for unprofessional vendors

Country’s largest power producer NTPC, which does Rs. 50,000-crore worth public procurements every year, has put in place a detailed policy on banning business dealings involving unprofessional and frivolous vendors.

The new policy, introduced last month, comes against the backdrop of instances of projects getting adversely impacted due to unprofessional approach of some vendors.

The state-run company, which contributes nearly 30 per cent of the country’s overall electricity generation, has now put in place a detailed set of guidelines for withholding as well as banning business dealings that involve non-performing and frivolous vendors.

Under the ‘Policy & Procedure for Banning of Business Dealings’, an agency could be banned on various grounds, including instances where it “employs a public servant dismissed/removed or employs a person convicted for an offence involving corruption or abatement of such offences”.

Besides, an agency could face ban if its proprietor has been guilty of malpractices such as bribery, corruption and fraud.

Among others, NTPC policy states that “established litigant nature of the agency to derive undue benefit” would be a ground for imposing ban.

“… it is necessary that NTPC is able to send a serious signal to such non-performing and frivolous vendors that they cannot make NTPC hostage due to their poor performance and unprofessional bids,” NTPC Chairman and managing director Arup Roy Choudhury said about the new policy.

Meanwhile, the power major has also mentioned that an entity could be barred on account of security consideration, “including questions of loyalty of the agency to the state, so warrants”.

“An order of banning passed on account of doubtful loyalty or security consideration shall continue to remain in force until it is specifically revoked,” as per the policy.

Read More at “http://profit.ndtv.com/news/corporates/article-ntpc-frames-new-policy-for-unprofessional-vendors-386023″

Source: PTI

NTPC pays dues, ends conflict with Coal India

KOLKATA: State-run power producer NTPC has settled the dues of two Coal India subsidiaries, bringing to a close a protracted tussle over quality of fuel the state-run miner was providing.

“Dues at Eastern Coalfields and Bharat Coking Coal have been settled. Officials from NTPC and CIL agreed on the quantum of the dues and NTPC has made the payment,” a senior Coal India executive said, adding that dues of the other subsidiaries were likely to be cleared in a fortnight. As on March 23, NTPC owed Coal India Rs 3,000 crore.

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Court tells NTPC to keep up Delhi power supply during payment row

The Supreme Court on Wednesday told producer NTPC Ltd to continue supplying power to New Delhi while it waits for money it is owed by a distribution company, avoiding a possible blackout in the country’s capital.

In an escalating battle over who should shoulder the rising cost of power in the city, distribution companies have said they cannot pay the money they owe while electricity tariffs are kept low and they suffer revenue shortfalls.

State-run NTPC had threatened in February to cut off power supply to BSES Yamuna Power, one of the three distributors in Delhi, if the company did not pay its bill.

But the Supreme Court reiterated that NTPC must maintain power supply even while it is owed money, and ordered BSES, part of billionaire Anil Ambani’s Reliance Infrastructure Ltd , to pay the dues it owes since January 1, 2014. It did not specify the amount BSES must pay.

India’s power sector, hobbled by rising debts and fuel supply shortages, has struggled to increase output to meet rising demand. Blackouts are common, hurting Asia’s third-largest economy.

The case in Delhi reflects a growing demand in India, where many consider cheap or free power to be a right and not a privilege, for electricity tariffs to be kept low.

An anti-graft party claimed a surprise victory in Delhi state elections last year, partly on the back of promises to lower tariffs for voters.

Source: Business Standard

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NTPC orders transformers and shunt reactors from ABB

India’s central power generation utility NTPC has awarded a contract to ABB for supply generator transformers and shunt reactors.

The equipment supplied under the $27m contract will be installed at a greenfield 2x800MW thermal power plant being constructed at Gadarwara, in Madhya Pradesh, India.

ABB will supply a total of seven 315MVA, 765kV single phase generator transformers, seven 85 MVA, 765kV single phase ‘tie’ transformers, as well as four 110MVAr, and ten 80MVAr, 800kV single phase reactors.

ABB Transformers business head Markus Heimbach said, “These transformers and shunt reactors are based on the latest design and engineering technologies to ensure maximum reliability and efficiency.”

Manufactured at the ABB’s local manufacturing facility in Vadodara, India, the transformers and reactors are expected to facilitate the efficient and reliable evacuation of power generated from the power plant and its integration into the transmission grid serving MP,Chattisgarh Maharashtra, Gujarat and Goa.

Shunt reactors are deployed to compensate for reactive power generation in long high-voltage power transmission lines and in cable systems, while transformers are integral components of an electrical grid, and are vital for the efficient and safe conversion of electricity between diverse voltage systems.

The project is scheduled for commissioning in 2017 to 2018 timeframe.

Source: UtilitiesNetwork

NTPC takes CERC to court over new tariff guidelines

ate-run NTPC has filed a writ petition in the Delhi High Court, seeking a stay on the tariff guidelines recently issued by Central Electricity Regulatory Commission (CERC) for power plants catering to more than one state. Arguing that the regulator lacked consistency in its principles for tariff determination, the PSU said the new norms would hit its profitability.

The new CERC guidelines will come into effect on April 1 and remain in force till March 31, 2019.

The NTPC stock had tanked to a five-year low on February 24, following the regulator’s final tariff order.

The new norms are aimed at increasing the operational efficiency of power plants, but would reduce profits of the PSU’s ageing plants. The regulator has removed many incentives for generation and transmission, which it thought added to inefficiency and was unfair to the consumer. Many of NTPC’s older plants have higher cost structure and the new regime would constrain its ability to recover such costs.

A senior CERC official confirmed to FE that NTPC has legally challenged the new tariff regulations.

The details of the grounds on which the petition has been filed were not known immediately.

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