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Sunday, February 15, 2009

NTPC News (National Thermal Power Corporation)

The Nuclear Power Corporation of India (NPCIL) and NTPC (NTPC) has signed an agreement to setup nuclear power plants in India.

The present nuclear power generation is only to the tune of 1,800 Mw, against an installed capacity of 4,120 Mw. Shortage of nuclear fuel has plagued the nuclear power sector.

NPCIL has signed an agreement with Russia for supply of 2,000 tonne of uranium for its nuclear power plants. Nuclear power generation is set to touch 6000MW by next year.

NTPC is also planning to bid for imported fuel-based 4,000 MW Ultra Mega Power Projects after acquiring coal properties abroad.

NTPC has floated a joint venture firm International Coal Ventures Ltd (ICVL) with Steel Authority of India Ltd (SAIL), Rashtriya Ispat Nigam Ltd, Coal India and National Mineral Development Corp (NMDC) to secure fuel properties abroad.

NTPC is also going to give contract worth 1000 crores to BHEL for 500MW power plant.

NTPC along with GAIL also plans to lease out part of their new liquefied natural gas import terminal.

NTPC also recorded highest ever monthly generation of 19.2 billion units in the month of January this year.



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