NTPC may start first 800 unit of Kudgi plant in FY16
Country’s largest power producer NTPC expects to commission the first 800 mw unit of its 4,000 MW Kudgi super thermal power project in Karnataka in the current fiscal.
The first 800 mw ultra super critical unit at Kudgi is expected to come on stream this financial year, NTPC CMD A K Jha said in a press statement.
He further said that productivity and efficiency would help NTPC overcome the challenge of mounting fuel bills and bring down cost of power.
Appreciating the contribution of every member of NTPC family on the occasion of 40th Raising day of the company today, Jha said that performance of each player matters for success of any team, the press statement said.
Mentioning about National Solar Mission and NTPC receiving the lowest tariff bid of Rs 4.63 per unit of electricity for 500 mw solar park scheduled to be put up in Andhra Pradesh, Jha said this is new beginning in the sector.
He expressed faith that NTPC will soon be a leader in the solar sector like thermal for which we all need to work harder and faster to achieve its goals to be the best power producer in the world.
Speaking on the recent successes of the company, Jha said that the company’s financial results have been good with improved generation.
The process of reallocation of coal blocks is also complete and mine developer and operator (MDO) has been appointed for Pakhri Barwadih coal mine.
He lauded the Vindhaychal team for commencement of timely commercial operations of 500 MW of Unit 13.
He added that NTPC is the pride of the nation and a trusted company which is an enthusiastic participant in all the new initiatives in the sector like fuel swapping for cost rationalisation, National Solar Mission and Swachh Bharat Abhiyan etc.
Read full article: Business Today
The BSE Sensex and NSE Nifty opened in positive terrain on Thursday following firm global cues. At 9.20 am, Sensex Read more
KOLKATA: Demand for electricity hasn't increased as expected, resulting in a surplus and prices falling so much that state distribution Read more
With dues running up to thousands of crores of rupees, Reliance Infra-backed BSES discoms seem to have no option but Read more
The BSES discoms — BRPL and BYPL — have agreed to pay dues to State-run power generation company NTPC by Read more
