NTPC starts Second Unit of Bhartiya Rail Bijlee Co – Commissions first Wind Turbine project at Rojmal

NTPC starts second unit of Bhartiya Rail Bijlee Company. Plans capacity addition of about 1,000 mw through renewable resources by 2017. Climbs up on BSE after commissioning unit of power project
The 50 mw solar PV at Anantpur in Andhra Pradesh, 260 mw at Bhadla in Rajasthan, 250 mw at Mandsaur in Madhya Pradesh and 8 mw small hydro projects are under implementation, the company’s portal showed.

BHAVNAGAR: “In line with the Corporate Disclosure requirements, we wish to inform that Unit#2 of 250 MW of Bhartiya Rail Bijlee Company Limited (BRBCL-a subsidiary of NTPC Limited) has been commissioned on 03.04.2017,” The state-owned power producer NTPC released an announcement yesterday stating that the unit commissioned was the second unit of 250 megawatt (mw) of its subsidiary Bhartiya Rail Bijlee Company, at Rajmol in Gujarat. Further, NTPC said that it has also commissioned its first wind turbine of 2 megawatts (MW) at Rojmal Wind Power Project of 50 MW. With this, the commissioned capacity of NTPC and NTPC group has become 43,534 MW and 50,750 MW respectively. NTPC, India’s largest power company, has presence in the entire value chain of power generation business. The government of India held 69.75% stake in the firm as on 31 December 2016, as per the shareholding pattern.

“We wish to inform that Unit 2 of 250 mw of Bhartiya Rail Bijlee Company Ltd (BRBCL, a subsidiary of NTPC Ltd) was commissioned on April 3,” NTPC said in a BSE filing. Further, NTPC said it has also commissioned its first wind turbine of 2 mw at Rojmal Wind Power Project (50 mw). NTPC’s wind energy 50 mega watt project is set up at Rojmal on the Bhavnagar Division of Western Railway region in Gujarat at a cost of Rs.323.35 crore. “With this, the commissioned capacity of NTPC and NTPC Group has become 43,534 mw and 50,750 mw, respectively,” the company said.

NTPC has planned capacity addition of about 1,000 mw through renewable resources by 2017. The 50 mw solar PV at Anantpur in Andhra Pradesh, 260 mw at Bhadla in Rajasthan, 250 mw at Mandsaur in Madhya Pradesh and 8 mw small hydro projects are under implementation, the company’s portal showed. The power generator intends to become a 130 gw company by 2032 with a diversified fuel mix and wants share of renewable energy, including hydro, to be 28 per cent.

A subsidiary of NTPC under the name of ‘Bharatiya Rail Bijlee Company Limited’ was incorporated on November 22, 2007 with 74:26 equity contribution from NTPC and Ministry of Railways, Govt. Of India respectively for setting up of four units of 250 MW each of coal based power plant at Nabinagar, Bihar. Investment approval of the project was accorded in January, 2008. As of Sept 2012, 84% of the total site levelling job and 3.9 Km of plant boundary out of 7.9 Km has been completed. Mechanical erection of structures for boilers are under progress. The civil work is in progress for Boiler Unit#4, mill, bunker, Cooling Water, Coal Handling Plant, Pre-treatment Plant etc. Piling of all the four units of TG has been completed and raft concreting of TG#1 has started. Raft casting of chimney #1 is in progress. Construction work of Lagoon#1 is in progress. The contract packages related to coal transportation are under various stages of award.

The Nabinagar Super Thermal Power Project (NSTP) of Bhartiya Rail Bijlee Company Limited (BRBCL) is a joint venture of NTPC Limited and Indian Railways to install a 4X 250 MW thermal power plant at Nabinagar in Aurangabad district, Bihar, India. The equity portions of NTPC and Indian Railways will be 74 per cent and 26 per cent respectively. The joint venture agreement was signed on 6 November 2007 and the company was incorporated on 22 November 2007. The Railways need the plant because of the demands of a globalising economy and mega projects of the Railways such as the planned Dedicated Freight Corridors across the country. The electricity from this plant will be utilized by Indian Railways for running electric trains in Bihar, Jharkhand, West Bengal, Chhattisgarh, Maharashtra, Gujarat and Madhya Pradesh in the eastern and western regions of the country. The Union Cabinet of India has, in view of the high tariff charged by State Electricity Boards (SEB), approved the Railways’ proposal for using direct power supply from Central generating agencies from the 15 per cent unallocated central share of power. Railways are saving about Rs. 50 crore per annum due to implementation of these schemes for using direct power supply from NTPC/Central generating agencies.

Stocks shoot up after announcement

NTPC rose 1.09% to Rs 166.55 at 10:05 IST on BSE after the company said that unit 2 of 250 megawatts of Bharatiya Rail Bijlee Company, a subsidiary of the company has been commissioned on 3 April 2017. The announcement was made on Tuesday, 4 April 2017, when the stock markets were shut on account of local holiday.

NTPC’s net profit fell 7.5% to Rs 2468.72 crore on 11.1% rise in net sales to Rs 19287.47 crore in Q3 December 2016 over Q3 December 2015.

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