New Delhi: NTPC Ltd, the nation’s largest power generation company, is looking to borrow over Rs1,05,000 crore from domestic and overseas markets in the next four or five years to meet its target of adding 22,430MW power generation capacity by 2012.
“Of the Rs1,60,732 crore fund requirement during the 11th Plan, Rs55,224 crore will come from internal resources and the rest will be borrowed,” a company official said.
Domestic borrowings are being pegged at Rs45,199 crore while external commercial borrowings (ECB) are being tentatively pegged at Rs60,309 crore.
The official said NTPC plans to invest Rs65,278 crore in coal and gas based power plants set for commissioning during the plan period.
Another Rs7,525 crore is earmarked for hydro-electric foray and Rs14,080 crore in coal mining and LNG ventures, while Rs2,446 crore is the outlay for joint ventures and Rs4,897 crore the spillover investment from the previous plan.
In preparation for the 12th Plan projects, the company would invest Rs61,180 crore by 2012, including Rs41,981 crore for thermal plants and Rs15,926 crore for hydro units.
NTPC owns 15 coal-based and 7 gas/liquid fuel plants with a total capacity of 27,350MW. It also has four joint venture plants with a capacity of 2,044MW.
The company plans to add 22,430MW of new electricity generation units during 2007-12. Of this, 15,180MW would be through coal-based power generation, 4,550MW through gas- based generation and the balance from hydro-electric power.
“Out of NTPC’s 11th Plan target, 1,990MW has already been commissioned. Construction work is in full swing for another 16,680MW projects. Contracts for the balance projects would be awarded this year,” the official said.