Friday, February 15, 2008

NTPC To Infuse $40bn Over Next 5yrs

New Delhi: NTPC Ltd will be infusing up to $40 billion over the next five years to transform itself into an integrated regional energy player, from being just a national power utility. The company is aiming a foray into the LNG value chain, besides plans to strengthen its presence in newly diversified areas, including hydropower, coal mining, power trading, oil and gas exploration and consultancy services. The power major also mulls to spread out operations across Asia and Africa, with upcoming projects in South Asia, Africa and possibly West Asia, besides plans to bag coal assets in countries, including Indonesia, Mozambique and Australia.

The country''s largest power utility is targeting a 50,000 MW-plus capacity by 2012. The company''s current operating capacity is 28,644 MW, with 18 coal-fired plants totalling 23,209 MW and eight gas-based stations adding up to 5,435 MW. Plans comprise developing hydropower capacity of 9,000 MW by 2017, of which 2,471 MW is currently under implementation. The company is also aiming nuclear power capacity of 2,000 MW by 17 and non-conventional power of 1,000 MW. NTPC has foraying into an alliance with Singareni Collieries for coal mining, another with BHEL for equipment manufacturing, and an alliance with Transformers & Electricals Kerala for repairs and maintenance. NTPC is also establishing close to 2,120 MW as merchant power plants, of which, 1,120 MW are hydro-based units.

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