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NHPC plans to set up 3 thermal projects: Scindia

The Hindu Business Line:  February, 2013

New Delhi: NHPC plans to take up three thermal projects, one in Madhya Pradesh and two in Bihar.

Jyotiraditya M. Scindia, Minister of State (Independent Charge) for Power, told the Consultative Committee on Power that, “All the three projects shall be executed in joint venture with State Governments”.

The three thermal projects include a 1,320-MW Rewa Thermal Project in Madhya Pradesh and two projects of 1,320 MW each at Lakhi Sarai and Pirpainthi in Bihar.

NHPC was incorporated in 1975 for development of hydroelectric power. However, over the few years the company’s plans of adding new capacities were stuck due to local protests at site or not getting environment and forest clearances.

Also, the company has been without a permanent Chairman and Managing Director for more than a year. G. Sai Prasad, Joint Secretary in Ministry of Power, is holding the additional charge of Chairman and Managing Director of NHPC.

NHPC’s Director (Finance), A.B.L. Srivastava, also retired this month. Currently, NHPC operates 16 projects with 5,559 MW capacities.

Nearly 26 other projects of the public sector entity are at various stages of development. Of these, eight projects with 4,227 MW are under construction.

In addition, 10 projects with 8,801 MW are awaiting clearances; four projects with 1,700 MW and three foreign assigned projects of 2,850 MW are in the pipeline for preparation of feasibility report.