The diversification drive of NTPC is gaining momentum with 15 companies expressing interest in building cement manufacturing plants near to its power stations. The India’s largest power generation utility sought cement producers in early 2017 to submit expressions of interest for partnerships to build 1Mt/yr cement units near its plants.
The electricity generation company is also open to cement joint ventures. Apart from helping utilize 52 million tonnes (mt) of fly ash generated by its projects, NTPC is also scouting for captive consumers to create the demand for electricity generated by its plants. These cement units will have to buy electricity from NTPC’s projects.
The plants offered by NTPC to set up these cement units include Barh (1,320MW), Farakka (2,100MW), Bongaigaon (750MW), Dadri (1,820MW), Badarpur (705MW), Mouda (1,660MW) and Aravali Power Co. Pvt. Ltd (1,500MW).
NTPC has also been trying to keep pace with rapid changes in power sector by exploring new businesses such as setting up charging stations for electric vehicles.
Image source: Coal Based Power Stations | NTPC