NSPCL
Company type | Joint Venture of NTPC Limited and SAIL |
---|---|
Industry | Thermal Power Plant |
Founded | 2001 |
Headquarters | Delhi, India |
Key people | Shri K K Sharma (Chairman) |
Products | Electricity |
Revenue | ₹1,316.9 million (US$16 million) (2015-16) |
₹17,378.6 million (US$210 million)(2015–16)[1] | |
Website | [1] |
NSPCL[2][3] (NTPC-SAIL Power Company Limited) is a 50:50 joint venture company of NTPC Limited[4] and SAIL[5] to generate power for various steel plants throughout India.[6] It is one of the institutional category III profit making PSEs.[7]
History
NTPC and SAIL joined forces in March 2001 and took over a captive power plant (consisting of 2x60MW generators) located at the Durgapur Steel Plant and another (also 2x60MW) at the Rourkela Steel Plant.
NTPC formed another joint venture company with SAIL on in March 2002 in the name of Bhilai Electric Supply Company Ltd. (BESCL). BESCL took over a captive power plant (comprising 2x 30MW generators and one 14MW back-power turbo generator) located at the Bhilai Steel Plant from SAIL. Effective 11 September 2006, BESCL became part of NSPCL.
Growth
Since 2006, NSPCL has provided all power required by the Bhilai, Durgapur and Rourkela steel plants.To meet growing demands, NSPCL commissioned an expansion project at Bhilai comprising two 250MW generators during 2008–2009, and brought the units online in 2009–2010. From the expansion plant, NSPCL is supplying power to the beneficiaries viz. Union Territory of Dadra & Nagar Haveli, Union Territory of Daman & Diu, Chhattishgarh and Bhilai Steel Plant / SAIL in the western region.
Projects Under Construction
The company is setting up one unit of 250MW at Rourkela to meet the future power requirement of Rourkela Steel Plant (RSP).[8][9][10][11][12][13]
Proposed Projects
The company is also expecting further capacity addition at various units of SAIL.
Sr. No. | Locatioan | District | State | Capacity in Megawatt |
---|---|---|---|---|
1 | Bhilai | Durg | Chhattisgarh | 2x250 |
2 | Durgapur | Burdwan | West Bengal | 2x20 |
3 | Salem | Salem | Tamil Nadu | 50 MWp Solar |
4 | Bokaro | Bokaro | Jharkhand | 50 MWp Solar [19] |
Total | 640 |
Awards and Recognition
- NSPCL has been conferred with prestigious Global HR Excellence Awards for Best Corporate Social Responsibility Practices, Leading HR Practices in Quality Work-Life and Best Talent Management Award at the World HRD Congress.[20]
- NSPCL has also won the prestigious "SCOPE Award for Excellence and Outstanding Contribution to the Public Sector Management- Institutional Category-III for the year 2013-14.[21][22][23]
- NSPCL was recognized among 25 Best Companies to Work (up to 1000 employees category) for 2012 as per study by The Economic Times & Great Place to Work and Ranked 3rd in the Category of Manufacturing and Production sector.[24]
References
- ^ "NSPCL Pays Dividend of Rs. 100 Crores for the year 2015-16 : NTPC". sail.co.in.
- ^ "JOINT VENTURE FOR SAIL CAPTIVE POWER PLANTS". pib.nic.in.
- ^ "Coal Based Joint Ventures/Subsidiaries:". ntpc.co.in.
- ^ "Joint Venture - NTPC". ntpc.co.in.
- ^ "JVs - SAIL". sail.co.in.
- ^ "NSPCL :: The Company". nspcl.co.in.
- ^ "NSPCL pays dividend to NTPC".
- ^ "NSPCL expansion plan gets a nod from locals". The Times of India.
- ^ "Projects Under Construction". nspcl.co.in.
- ^ "SAIL plans to raise hot metal production". The Hindu.
- ^ "BHEL to set up power project in Odisha". The hindu.
- ^ "BHEL wins Rs 1,600 cr order form NTPC & SAIL JV". moneycontrol.com.
- ^ "BHEL bags order from NTPC, SAIL joint venture". The New Indian Express.
- ^ "New Projects". nspcl.co.in.
- ^ "New Projects". nspcl.co.in.
- ^ "New Projects". nspcl.co.in.
- ^ "NSPCL is tendering for the development of a 50MW solar PV project in Tamil Nadu". saurenergy.com.
- ^ "NTPC:Development of 50MW Solar PV Power Project at Salem in Tamil Nadu". eqmagpro.com.
- ^ "Solar Power Projects (200 MWp)". nspcl.co.in.
- ^ "NSPCL receives three awards at the World HRD Congress 2015".
- ^ "President Shri Pranab Mukherjee Addresses 7th Public Sector Day Function Gives away Scope Excellence Awards".
- ^ "NSPCL got scope award". himalayanmail.com.
- ^ "NSPCL receives SCOPE excellence awards".
- ^ "Company Rankings".