The members were informed about the performance and future plans of the four major Public Sector Enterprises(PSEs) in the power sector in India National Thermal Power Corporation(NTPC), National Hydroelectric Power Corporation(NHPC), Nuclear Power Corporation of India Ltd.(NPCL) & Power Grid Corporation of India Ltd.
NTPC, a Maharatna PSE, is the number one independent power producer in Asia, tenth largest power generator in the world and the third largest in Asia. Amongst its new initiatives, NTPC is undertaking Bulk Tendering of 660/800 MW Super Critical Units; foraying into renewable and nuclear energy; undertaking several strategic diversification initiatives with experts in power equipment manufacturing; emphasizing on environmental and social sustainability, technology development; and increasing its global opportunities, specifically in Bangladesh, Sri Lanka and Bhutan.
The Parliamentary Consultative Committee attached to the Ministry of Heavy Industries and Public Enterprises met here today with Power Sector in its agenda. The meeting was chaired by Shri Praful Patel, the Minister for Heavy Industries & Public Enterprises.
NHPC, a Miniratna PSE, with an authorised capital of Rs. 15,000 crore and an investment base of over Rs. 41,579 crore, is a premier organisation in the country for development of hydropower. It has 14 power stations under operation with a capacity of 5295 MW. 10 projects are under construction with a capacity of 4,502 MW. 17 projects are under development with added capacity of 11,286 MW. Thus NHPC is targeting a capacity of 21,083 MW.
NPCIL generates electricity using nuclear energy through 19 nuclear power reactors with installed capacity of 4,560 MW. In addition, NPCIL is also generating electricity from wind mill of installed capacity 10 MW. 3 more nuclear power reactors are under construction with an aggregate installed capacity of 2,220 MW, which are likely to be in operation progressively by 2011. Further, 4 indigenously designed pressurised heavy water reactors of 700 MW unit size have been launched for construction and are slated for commercial operation progressively by 2016.
Power Grid, a Navratna PSE, owns and operates a transmission network of 83,400 ckt kilometres of transmission lines and transformation capacity of about 93,400 MVA. It is poised to get excellent rating for 2010-11 from the DPE with its financial parameters of Rs. 9,100 crores turn over, Rs. 2,697 crores profit after tax, net worth of Rs. 21,351 crores, gross fixed assets worth Rs. 50,352 cores. For development of inter-state transmission system, power Grid plans an investment of about Rs. 55,000 crore during the 11th Plan. The Company has made a capital investment of Rs. 37,445 crore during the four years of the 11th Plan. Members raised a number of issues related to achieving self sufficiency in power generation.
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