NTPC Ltd.

NTPC is likely to enter the retail distribution segment in aggressive manner, both in the national and international markets, after entering into power transmission and distribution in 2002. The company, through its subsidiary NTPC Electric Supply Company (NESCL) is looking at various business models, including forming joint ventures with the existing distribution companies as well as getting into franchise.

The company is aiming at the possibility of retail distribution of electricity to bulk industrial consumers in the upcoming mega industrial areas and special economic zones. NESCL is also working on turnkey projects under the Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY) of the Government.

Recently, the company had received board’s approval to invest in Kudgi Super Thermal Power Project (3 X 800 MW) to be implemented in the state of Karnataka at an appraised current estimated cost of Rs 15,166.19 crore subject to environmental clearance of Ministry of Environment and Forests (MOEF).