Financial Daily from THE HINDU group of publications
Tuesday, Dec 30, 2003
Financial Daily from THE HINDU group of publications Tuesday, Dec 30, 2003 |
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Industry & Economy
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Power NTPC Simhadri Project targets 90 per cent PLF Our Bureau
Visakhapatnam , Dec. 29 THE 1,000-MW NTPC Simhadri Power Project running at a plant load factor (PLF) of 87 per cent, expects to touch 90 per cent by this year-end and surpass it to reach the optimum level sometime during the next year. The project's General Manager, Mr R. Rama Rao, who took charge recently, told presspersons here on Monday that the plant was expecting to cross the generation target of 7,500 million units ahead of the March deadline and it intended to give priority to complete the leftover project works. The conditions for taking up the second stage of the project to add 1,000 MW of installed capacity were favourable, as the infrastructure built up so far at the plant could be better used then. The NTPC had set itself the target of generating 40,000 MW in the country by 2012 and as a part of the general plan the expansion of the plant here may be taken up in the near future, Mr Rama Rao said. The interim unit purchase cost had been fixed at Rs 1.60 per unit by the State Government and the final figure would have to be arrived at taking into account the return on fixed investment and variable expenditure, he explained. The Unit-I overhaul works were progressing at a brisk pace and it was likely to be synchronised with State grid in the first week of January, he said, and added that all components were functioning better than expected. "The scheduled shutdown of the Unit-II was overdue and would be taken up with the permission of the State Government soon after the first one was synchronised," Mr Rama Rao said. Vijayawada thermal power plant of A.P. Genco was working at 93 per cent PLF, which NTPC Simhadri was aiming to achieve at least by the end of next year, he added.
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