|
NTPC, with a rich experience of engineering, constructing and operating over 26,000 MW of thermal generating capacity, is the largest and one of the most efficient power companies in India, having operations that match the global standards.
NTPC has identified Joint Ventures, strategic alliances as well as acquisitions and diversifications as viable and desired options for its business development.
NTPC looks for opportunity to create such joint ventures and strategic alliances, in the entire value chain of the power business. NTPC as a partner endows the Joint Venture Alliances with a winning edge. Acquisitions and Diversifications in the areas related to the core business not only ensure growth but also add to the robustness of the company. Diversification is carried out either directly or through subsidiaries/JVs.
JOINT VENTURE PARTNERS
The
following joint venture companies have been formed so far:
NTPC
-ALSTOM POWER SERVICES PVT. LTD. (NASL)
(Incorporated
in 1999 and formerly known as NTPC-ABB ALSTOM POWER SERVICES
PVT. LTD) |
| OBJECTIVE: |
Undertake
Renovation & Modernisation of power stations in India and
other SAARC countries |
|
PROMOTERS' EQUITY: |
NTPC:
50%
ALSTOM Power Generation AG : 50% |
UTILITY POWER TECH LTD
(Incorporated in 1996)
This JV has been promoted with Reliance Energy Limited (formerly BSES Limited) a private sector Indian power company. |
| OBJECTIVE: |
To undertake project construction, erection and supervision in power sector and other sectors in India and abroad |
| PROMOTERS' EQUITY: |
NTPC: 50%
REL: 50% |
PTC(India) Ltd
(Incorporated in 1998)
This JV has been promoted with Power Grid Corporation of India Ltd (PGCIL), a Government owned transmission major in India. Power Finance Corporation (PFC), a power sector finance company owned by the Government of India and National Hydro Electric Power Corporation Ltd. (NHPC), a Government owned hydro power utility. |
| OBJECTIVE: |
To trade, import, export and purchase power from identified power projects and sell it to identified SEBs/others |
| PROMOTERS' EQUITY: |
NTPC: 8% Tata Power: 10%
PGCIL: 8% DV: 10%
PFC: 8% FII: 18.5%
NHPC: 8%
|
NTPC-SAIL POWER COMPANY (PVT) LTD (NSPCL)
NSPCL, the Joint Venture Company of NTPC and SAILwith 50:50 equity participation,stood merged with BESCL(Bhilai Electric Supply Co. Pvt Ltd, another JV Co. of NTPC and SAIL with 50:50 equity participation.) w.e.f 2nd August 2006,as per the scheme of Amalgamation approved by High Court of Delhi. As a result of aforesaid merger of BESCL in NSPCL, all properties, licenses, permissions, debt, liabilities etc. with respect to BESCL now stand vested in NSPCL. |
| OBJECTIVE: |
To supply power to the Bhilai, Durgapur and Rourkela Steel Plant of Steel Authority of India Limited (SAIL) from its Coal based power stations at Bhilai (Chhattisgarh), 2x30MW+1X14MW, Durgapur (West Bengal) 2x60MW and Rourkela (Orissa) 2x60 MW.
For the purpose of its business development, NSPCL is carrying out the expansion of its installed capacity at Bhilai, by implementation of 500MW (2x250MW) power plant. |
| PROMOTERS' EQUITY: |
NTPC: 50%
SAIL : 50% |
NTPC TAMIL NADU ENERGY COMPANY LIMITED
This JV was incorporated on 23rd May, 2003 with Tamil Nadu Electricity Board, a State run Electricity Board in the State of Tamil Nadu engaged in generation, transmission and distribution of electricity. |
| OBJECTIVE: |
To set up a 1000 MW coal based power station at Ennore in Tamil Nadu utilising the existing infrastructure facility at Ennore and supply power mainly to Tamil Nadu and the states of Kerala, Karnataka and Pondicherry. |
| PROMOTERS' EQUITY: |
NTPC: 50%
TNEB : 50% |
Vaishali Power Generating Company Limited
This JV was incorporated on with Bihar State Electricity Board, a State run Electricity Board in the State of Bihar, engaged in generation, transmission and distribution of electricity. |
| OBJECTIVE: |
To take over Muzaffarpur Thermal Power Station (2x110MW), a coal based power station at Kanti, for carrying out restoration, R&M and supplying power mainly to the state of Bihar. |
| PROMOTERS' EQUITY: |
NTPC: 51-74%
BSEB : 26-49% |
ARAVALI POWER COMPANY PRIVATE LTD
(Joint Venture Agreement was signed on 14.12.2006 among NTPC Ltd,Indrapastha Power Generatuion Company Ltd.(IPGCL) and Haryana Power Generation Company Ltd.(HPGCL).The Company was Incorporated on 21.12.2006. |
| OBJECTIVE: |
To set up a coal-based power station of 1500MW capacity in Distt. Jhajjar, Haryana, in joint venture with IPGCL and HPGCL. |
| PROMOTERS' EQUITY: |
NTPC-50%, IPGCL-25%, HPGCL-25% |
PROPOSED JOINT VENTURES
1.0 INDIAN RAILWAYS
MOU signed on 18th February 2002. Indian Railways are the largest rail network in Asia and the world's second largest under one management. |
| OBJECTIVE: |
To set up power stations to meet traction and non-traction power requirement of Indian Railways. |
|
LIKELY EQUITY CONTRIBUTION FROM PROMOTERS |
Yet to be finalised |
2.0 SINGARENI COLLIERIES COMPANY LTD(SCCL)
MOU was signed between NTPC and SCCL on 23.08.2006
|
| OBJECTIVE: |
To promote one or more Joint Venture Companies for undertaking acquisition of coal/lignite mine blocks including exploration, development, mining, beneficiation, processing, operation & maintenance, development, operation & maintenance and selling electricity generation thereof, besides providing consultancy services. |
| LIKELY EQUITY CONTRIBUTION FROM PROMOTERS |
50% by each Company in the individual Joint Venture Company |
ACQUISITION
Business development through Acquisition serves both NTPC's own commercial interest as well as the interest of the Indian economy
Taking over being a part of the acquisition process, is also an opportunity for NTPC to add to its power generation capacity through minimal investment and very low gestation period. NTPC has, over the years, acquired the following three power stations belonging to other utilities/SEBs and has turned around each of them using its corporate abilities.
POWER STATIONS TAKEN OVER |
YEAR |
ORIGINAL OWNER |
| 2x210 MW FEROZE GANDHI UNCHAHAR THERMAL POWER STATION |
1991 |
UP RajyaVidyut Utpadan Nigam of Uttar Pradesh |
| 4x60 MW + 2x110 MW TALCHER THERMAL POWER STATION |
1995 |
Orissa State Electricity Board |
4x110 MW TANDA THERMAL POWER STATION |
2000 |
UP State Electricity Board |
705MW Badarpur Thermal Power Station |
2006 |
Central Electricity Authority |
DIVERSIFICATION
To broad-base the business and also to ensure growth, diversification in the areas related to NTPC's core business of power generation such as Hydro power, Distribution, Trading, Coal mining, LNG etc. have been identified as priority areas.
A. NUCLEAR POWER GENERATION
In line with its Corporate Plan, NTPC exploring foray into the field of Nuclear Power Generation. NTPC is now planning to set up Nuclear Power Projects of about 2000MW by the year 2017.
B. VERTICAL (BACKWARD) INTEGRATION - COAL MINING AND LNG BUSINESS:
COAL MINING:
The policy changes in coal sector provide an opportunity to NTPC to enter captive coal mining business. Production is expected by 2007 in one coal block already allotted in 2004 (Pakri Barwadih in the state of Jharkhand). Six more blocks (~40MTPA) have been allotted to NTPC, including two in JV with CIL.
CONTACT
ADDRESS
For further information and inquiry please contact us at the following
address.
AGM (New Business Development)
NTPC Limited,
Core-3, 5th Floor,
Scope Complex,
Lodhi Institutional Area,
New DelhI-110003
Tel: 91-11-24 363861
Fax: 91-11-24 360759
Email: smanchanda@ntpceoc.co.in
|
