Thursday, August 28, 2008

NTPC to kick-off power distribution business

NTPC is on course to take up retail distribution of electricity in upcoming industrial parks in Kerala, after series of unsuccessful attempts earlier. Its wholly-owned subsidiary NTPC Electricity Supply Company Ltd (NESCL) will form a JV with Kerala Industrial Infrastructure Development Corp (KINFRA) for taking on retail distribution of power in a number of industrial parks being developed by the latter.

Electricity distribution is a step towards emerging as a fully-integrated power utility with a presence across the value chain. NTPC is also in discussions with various State Governments for participating in power distribution in designated circles, besides plans to distribute power in the vicinity of its power stations.

NTPC has already entered coal mining to secure fuel supplies and support its aggressive capacity addition plans. In addition, it has entered power trading, hydro generation and equipment manufacturing, with a foray into nuclear power also on the anvil.

No comments: