NTPC set to foray into power dis­tri­bu­tion

Hindustan Times (Lucknow) - - HT BUSINESS - HT Cor­re­spon­dent ■ let­ters@hin­dus­tan­times.com

In a ma­jor di­ver­si­fi­ca­tion move, In­dia’s largest power pro­ducer, NTPC Ltd, on Fri­day said it has iden­ti­fied power dis­tri­bu­tion and coal pro­duc­tion as the two big driv­ers for the company’s fu­ture growth.

Ad­dress­ing em­ploy­ees and direc­tors, NTPC CMD Arup Roy Choud­hury said: “Time has come for a par­a­digm shift in NTPC, for the or­gan­i­sa­tion to pros­per and re­main rel­e­vant for years to

COMPANY CUR­RENTLY MEETS 90% OF AN­NUAL COAL RE­QUIRE­MENTS OF 160 MT FROM CIL

come... the key to growth lies in for­ward and back­ward in­te­gra­tion, to sus­tain its po­si­tion as the big­gest gen­er­a­tor in the coun­try along with steady ca­pac­ity ad­di­tion. Coal min­ing and dis­tri­bu­tion of power are go­ing to meet fuel re­quire­ments and help in sale of power in com­ing years.”

HT had first re­ported on Oc­to­ber 30 about NTPC’s plans of emerg­ing as one of the ma­jor do­mes­tic coal-pro­duc­ing com­pa­nies, with a ca­pac­ity of up to 300 mil­lion tonnes (MT) within the five years. “NTPC wants to be self-re­liant in its coal re­quire­ments,” Choud­hury had said.

Di­ver­si­fi­ca­tion into power dis­tri­bu­tion is another big move for the company that pro­duces over 43,000 megawatt (MW) of elec­tric­ity. Choud­hury said NTPC has iden­ti­fied power dis­tri­bu­tion as a ma­jor area for growth.

To ar­rest the huge outgo of for­eign ex­change for meet­ing coal im­ports, power and coal min­is­ter Piush Goyal has been bat­ting for rais­ing do­mes­tic coal pro­duc­tion. He has also an­nounced plans to dou­ble Coal In­dia Ltd’s (CIL’s) an­nual pro­duc­tion ca­pac­ity to 1 bil­lion tonnes by 2019.

With a to­tal power gen­er­a­tion ca­pac­ity of over 43,000 MW, NTPC has in its fold 10 coal blocks, with re­serves of around 5 bil­lion tonnes, and pro­duc­tion po­ten­tial of 100 mil­lion tonnes of coal.

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