NTPC_Thermal Power Plants_ProjectsMonitor

NTPC’s 2×195 MW Kanti thermal power project’s commissioning day is fast approaching, but slow pace of work by the contractors has made the power PSU nervous. For example, HCC, the contractor for main plant civil work, has failed to meet the commitments as per the schedule with the balance work of BMCC room, ESP/VFD control room etc yet to be completed. It was found that HCC had failed to augment the resources like manpower, aggregates and sand despite several requests. According to the sources close to the project, liquidity crunch being faced by the Mumbai based contractor is the main reason for the slow pace of the work at the site. Apart from HCC, other contractors too are behind their schedule in meeting their commitments. GET has not yet dispatched supplies for startup power bay. Contract with Rohini Industrial Electricals was terminated as the contractor had failed to perform the balance of electrical equipment supply and erection required for boiler light up.

NTPC has 64.57% holding in Kanti Bijlee Utpadan Nigam Ltd which is implementing 2×195 MW Kanti thermal power project in Bihar. The remaining stake is held by BSEB. The project is being implemented at an estimated cost of Rs 3,153 crore. Two thermal power stations are scheduled to be commissioned in September 2014 and April 2015, respectively.

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  1. […] NTPC has spent Rs. 10,289 crore of the capital outlay upto third quarter of this fiscal as against the revised total capex target of Rs. 10,481 crore, thus achieving 98.16% of the capex utilisation targets. As per the highly backloaded capex plan, NTPC has set a capex target of Rs. 20,200 crore for the current financial year. In other words, NTPC has to spend Rs. 9,911 crore in the last quarter. It may be noted that in the previous year NTPC had spent only 41% of the total capex target of Rs. 8,270 crore during the last quarter. However, power major is confident of achieving its targeted capex for the fiscal year. […]

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