Arup Roy Choudhury

NTPC Bangladesh power JV to be operational by FY18

NTPCKolkata: The USD 1.2-billion Indo-Bangla power joint venture is planning to award the contract for construction of the plant by April 2015 and expected to start commercial generation by FY18.

"We expect to award the contract next year. The company has recently appointed Fichtner Consulting Engineers and is in the process of finalising a consultant who will help in sourcing coal for the project," NTPC Chairman & Managing Director Arup Roy Choudhury said.

The plant is likely to consume around 8 million tonnes of coal every year and the entire generation will be based on coal imported into Bangladesh, he said last evening.

NTPC might downsize its Katwa project due to land shortage

NTPC might downsize its Katwa project due to land shortageState run, NTPC has indicated that it might be forced to downsize its Katwa project in West Bengal by about half its size so as to be able to construct the facility within the available
550 acres of land that has been allotted to the company by the state government.

Government likely to speed up setting up of coal regulator

Government likely to speed up setting up of coal regulatorThe union government is likely to speed up the process of setting up a new coal regulatory body in the country and also auction of coal mining blocks in wake of the allegations that faulty policies cost billions of dollars in lost revenues to the country.

A leaked report by CAG that published by section of media said that the nation lost Rs 10.7 lakh crore of revenue by allotting coal blocks to companies directly and not conduction auctions.

NTPC did not earn any windfall profit from coal, claims chairman

NTPC did not earn any windfall profit from coal, claims chairmanArup Roy Choudhury, the Chairman and Managing Director of state-run NTPC has said dismissed reports suggesting that the state run companies befitted from the failure of the government to auction coal assets in the country.

He said that NTPC did not earn any windfall profit from the coal produced from the mines because the CERC-regulated regime makes the cost of coal from these mines a pass-through in the power tariff. Thus, the ultimate benefit in cost savings will be given to the users.

OC to obtain NTPC funds subsequent to audit

NTPC-Arup-Roy-ChoudhuryUnder blaze from the coal ministry for slow down in evolving its confined coal mines, state-run cohort utility NTPC has expressed that it will commence production from its Pakri Barwadhi mine in Jharkhand  from the coming next year, company chairman Arup Roy Choudhury stated on Friday.

Further Roy Choudhury also expressed that NTPC will not withdraw from its hydel venture in the stir of the government fragmenting its Lohari Nag Pala project in Uttarakhand on environmental issues.

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