India’s largest electricity producer NTPC plans to set up cement plants on its own after it failed to attract any partner for the new business that will help it utilise and monetise huge amounts of fly ash generated by its coal-fired projects.
It is finalising a proposal that will allow it to source technology for cement manufacturing that will be put to use by NTPC engineers for setting-up commercial cement production units. The company’s subsidiary, NTPC Vidyut Vyapar Nigam (NVVNL), is finding it difficult to find joint venture partners for the cement business foray. It had invited expression of interest (EoI) in March this year to form a 26:74 joint venture to set up cement plants at its six coal-fired plants. The last date of EoI has already been extended twice in the absence of suitable partners.
“We are ready to start cement venture on our own as it would help us in commercially utilising fly ash generated by our coal-fired plants,” NTPC chairman and managing director Arup Roy Choudhury told media.
“The venture could have a technology partner for which exercise will be started soon,” he said. Fly ash generated after burning coal in power projects is considered ideal for use in manufacture of cement, concrete, bricks and tiles. Cement manufactured using fly ash is usually cheaper than the one based on clinker, or powdered cement.
The 21 coal-fired power stations of NTPC (including four joint ventures) together produce close to 60 million tonne per annum of fly ash. Roughly half of this or about 28 mtpa of ash is safely utilised by the company through sale to cement units, mine filling, land development and exports.
“The cement venture will come handy for NTPC as it will not only help the company save between 10-15% on cost in cement manufacturing but also give alternate to dispose off harmful ash,” said an official in the power ministry.
According to the plan, NTPC will set small cement manufacturing unit close to all its coal-fired plants. Initially, the proposal is to start the venture at company’s coal-fired projects at Korba, Ramagundam, Dadri, Simahdri, Singrauli, Sipat, Vindhyachal, Badarpur, Barh, Rihand, Talcher-Kaniya and Bongaigaon.
Nod to Jharkhand coal block
The Board of directors of NTPC accorded investment approval for Pakri Barwadih Coal Mining Project at the current estimated cost as of first quarter 2010 price level of Rs. 3,193.8 crore (including interest during construction, financing charges and working capital margin).
Pakri Barwadih coal block is located in Hazaribagh district, Jharkhand. This coal block was allotted to NTPC six years ago. Key activities such as approval of mining plan, rehabilitation action plan, arrangements for power supply, notifications for land acquisitions under CBA Act are in progress. The coal mine is most likely to start production from 2012.
13,000 MW by XI Plan Period
NTPC has geared itself to become a 75,000 MW company by 2017 and the company has core competency to achieve this feat. By the XI Plan period the company aims to put about 13,000 MW capacity on stream contributing to the Government of India’s plans of adding 68,000 MW by that time.
According to CMD, NTPC will take tariff based bidding with a competitive spirit. He assured timely implementation of all its construction projects and at the same time called for innovative ideas from the employees towards fuel security.
He reiterated that each and every employee of the company should deliver in their respective areas of work. He also spoke on aligning individual aspirations with NTPC’s goals and objectives to achieve excellence in area of project and power plant management.
Quality Education for Children at Project Sites
In a bid to provide quality education for NTPC children residing in remote locations across the country, the company has implemented coaching classes in association with the Centre for Social Responsibility and Leadership, a group of “Super 30” for NTPC children studying in Class XII.
The programme named “Samarthan” was inaugurated through video conferencing from New Delhi by CMD NTPC.
He said the company shall provide the best facilities for the development of NTPC children and their holistic growth to achieve educational excellence.
Abhyanand, Additional DG of Police, Bihar and Co-Founder of Super-30, Patna, appreciated NTPC’s commitment for encouraging the young minds in meeting the competitive world ahead.
During the video conferencing, more than 600 students participated in this noble educational initiative. Classes will be conducted from Noida/Patna for children across 19 Projects locations. It is pertinent to mention that classes have already started for the academic session 2010-11.
The coaching will be provided through video conferencing mode in the areas of Physics, Chemistry, Maths and English
JV Agreement for Renewable Energy
NTPC, Asian Development Bank and Kyuden International Corporation (Kyushu) signed a Joint Venture Agreement recently to form a JV Company (JVC) in NCT of Delhi, to develop projects and establish over a period of three years, a portfolio of about 500 MW of Renewable Power Generation in India.
JVC shall presently develop wind power and small hydroelectric power projects and in future may also develop other renewable power generation resources. The JVC may develop projects outside India in Developing Member Countries only as well.
NTPC, ADB and Kyushu shall contribute in the ratio of 50:25:25 in the equity share capital of the Company. The initial authorised share capital of the Company would be Rs. 6.5 crore and the paid-up share capital would be Rs. 1 crore.
It is finalising a proposal that will allow it to source technology for cement manufacturing that will be put to use by NTPC engineers for setting-up commercial cement production units. The company’s subsidiary, NTPC Vidyut Vyapar Nigam (NVVNL), is finding it difficult to find joint venture partners for the cement business foray. It had invited expression of interest (EoI) in March this year to form a 26:74 joint venture to set up cement plants at its six coal-fired plants. The last date of EoI has already been extended twice in the absence of suitable partners.
“We are ready to start cement venture on our own as it would help us in commercially utilising fly ash generated by our coal-fired plants,” NTPC chairman and managing director Arup Roy Choudhury told media.
“The venture could have a technology partner for which exercise will be started soon,” he said. Fly ash generated after burning coal in power projects is considered ideal for use in manufacture of cement, concrete, bricks and tiles. Cement manufactured using fly ash is usually cheaper than the one based on clinker, or powdered cement.
The 21 coal-fired power stations of NTPC (including four joint ventures) together produce close to 60 million tonne per annum of fly ash. Roughly half of this or about 28 mtpa of ash is safely utilised by the company through sale to cement units, mine filling, land development and exports.
“The cement venture will come handy for NTPC as it will not only help the company save between 10-15% on cost in cement manufacturing but also give alternate to dispose off harmful ash,” said an official in the power ministry.
According to the plan, NTPC will set small cement manufacturing unit close to all its coal-fired plants. Initially, the proposal is to start the venture at company’s coal-fired projects at Korba, Ramagundam, Dadri, Simahdri, Singrauli, Sipat, Vindhyachal, Badarpur, Barh, Rihand, Talcher-Kaniya and Bongaigaon.
Nod to Jharkhand coal block
The Board of directors of NTPC accorded investment approval for Pakri Barwadih Coal Mining Project at the current estimated cost as of first quarter 2010 price level of Rs. 3,193.8 crore (including interest during construction, financing charges and working capital margin).
Pakri Barwadih coal block is located in Hazaribagh district, Jharkhand. This coal block was allotted to NTPC six years ago. Key activities such as approval of mining plan, rehabilitation action plan, arrangements for power supply, notifications for land acquisitions under CBA Act are in progress. The coal mine is most likely to start production from 2012.
13,000 MW by XI Plan Period
NTPC has geared itself to become a 75,000 MW company by 2017 and the company has core competency to achieve this feat. By the XI Plan period the company aims to put about 13,000 MW capacity on stream contributing to the Government of India’s plans of adding 68,000 MW by that time.
According to CMD, NTPC will take tariff based bidding with a competitive spirit. He assured timely implementation of all its construction projects and at the same time called for innovative ideas from the employees towards fuel security.
He reiterated that each and every employee of the company should deliver in their respective areas of work. He also spoke on aligning individual aspirations with NTPC’s goals and objectives to achieve excellence in area of project and power plant management.
Quality Education for Children at Project Sites
In a bid to provide quality education for NTPC children residing in remote locations across the country, the company has implemented coaching classes in association with the Centre for Social Responsibility and Leadership, a group of “Super 30” for NTPC children studying in Class XII.
The programme named “Samarthan” was inaugurated through video conferencing from New Delhi by CMD NTPC.
He said the company shall provide the best facilities for the development of NTPC children and their holistic growth to achieve educational excellence.
Abhyanand, Additional DG of Police, Bihar and Co-Founder of Super-30, Patna, appreciated NTPC’s commitment for encouraging the young minds in meeting the competitive world ahead.
During the video conferencing, more than 600 students participated in this noble educational initiative. Classes will be conducted from Noida/Patna for children across 19 Projects locations. It is pertinent to mention that classes have already started for the academic session 2010-11.
The coaching will be provided through video conferencing mode in the areas of Physics, Chemistry, Maths and English
JV Agreement for Renewable Energy
NTPC, Asian Development Bank and Kyuden International Corporation (Kyushu) signed a Joint Venture Agreement recently to form a JV Company (JVC) in NCT of Delhi, to develop projects and establish over a period of three years, a portfolio of about 500 MW of Renewable Power Generation in India.
JVC shall presently develop wind power and small hydroelectric power projects and in future may also develop other renewable power generation resources. The JVC may develop projects outside India in Developing Member Countries only as well.
NTPC, ADB and Kyushu shall contribute in the ratio of 50:25:25 in the equity share capital of the Company. The initial authorised share capital of the Company would be Rs. 6.5 crore and the paid-up share capital would be Rs. 1 crore.
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