NHPC to commission 9 projects by March 2012

NHPC to commission 9 projects by March 2012
PTI
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First Published: Thu, Apr 23 2009. 04 51 PM IST
Updated: Thu, Apr 23 2009. 04 51 PM IST
New Delhi: The country’s largest hydroelectric power producer, NHPC, today said it plans to commission nine projects by the end of current plan period (2007-12), thereby taking the company’s capacity to 10,000 MW.
“We hope to commission nine projects by March, 2012. Hence, our installed capacity would increase to 10,000 MW from the current 5,200 MW,” NHPC CMD S K Garg told reporters here.
“We had planned 12 projects aggregating 5,322 MW capacity by the end of the plan period, out of which two have been executed and barring one project nine would be commissioned as per the deadline,” he said.
The company has commissioned two projects --- 520 MW Omkareshwar in Madhya Pradesh and 510 MW Teesta-V in Sikkim -- in the last fiscal.
The 2,000-MW Subansiri Lower in Assam is likely to come up in the XIIth plan period (2012-17) considering the longer gestation period of the hydro power projects.
The other projects include 800 MW Parbati-II and 520 MW Parbati-III in Himachal Pradesh.
Meanwhile, the company also plans to hire 200 personnel in the current fiscal, including both technical and non-technical staff.
It has planned a capital expenditure of Rs21,600 crore during the current plan period. Out of which, Rs16,391 crore is the debt component and the rest would come through internal accruals.
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First Published: Thu, Apr 23 2009. 04 51 PM IST