NTPC commissions project ahead of schedule, wins award -Governance Now

NTPC commissions project ahead of schedule, wins award

NTPC’s Vindhyachal unit kicked off commercial operation to earn 0.5 percent extra Return on Equity (ROE)

GN Bureau | November 22, 2016

#PSU #NTPC #Return on Equity #international award

The country’s largest electricity generation station, National Thermal Power Corporation’s (NTPC) Vindhyachal power plant in Madhya Pradesh, has bagged the IPMA International Project Excellence’s Silver Award.

In a statement, NTPC said a unit of the 4,760 Megawatt project was commissioned ahead of schedule – it was synchronised on August 6 last year and achieved full load the same day, within 26 months from the date of construction.

“NTPC’s Vindhyachal unit kicked off commercial operation on October 30 to earn 0.5 percent extra Return on Equity (ROE) on this unit. The Commercial Operation Declaration (COD) was completed within 42 months from zero date,” the statement said.

The award was received by Rajesh Kumar Bhatnagar, executive director of Vindhyachal project along with SK Roy, executive director, operations at an award ceremony held in Warsaw, Poland.

IPMA International Project Excellence Award recognizes projects from different countries, industries and organizations and motivates project teams to develop and improve project management.

Comments

Other News

‘Oral cancer deaths in India cause productivity loss of 0.18% GDP’

A first-of-its-kind study on the economic loss due to premature death from oral cancer in India by the Tata Memorial Centre has found that this form of cancer has a premature mortality rate of 75.6% (34 premature events / 45 total events) resulting in productivity loss of approximately $5.6 billion in 2022

Days of Reading: Upendra Baxi recalls works that shaped his youth

Of Law and Life Upendra Baxi in Conversation with Arvind Narrain, Lawrence Liang, Sitharamam Kakarala, and Sruti Chaganti Orient BlackSwan, Rs 2,310

Voting by tribal communities blossoms as ECI’s efforts bear fruit

The efforts made by the Election Commission of India (ECI), over last two years, for inclusion of Particularly Vulnerable Tribal Groups (PVTG) communities and other tribal groups in the electoral process have borne fruit with scenes of tribal groups in various states/UTs participating enthusiastically in t

GST revenue for April 2024 at a new high

The gross Goods and Services Tax (GST) collections hit a record high in April 2024 at ₹2.10 lakh crore. This represents a significant 12.4% year-on-year growth, driven by a strong increase in domestic transactions (up 13.4%) and imports (up 8.3%). After accounting for refunds, the net GST

First Magahi novel presents a glimpse of Bihar bureaucracy a century ago

Fool Bahadur By Jayanath Pati (Translated by Abhay K.) Penguin Modern Classics, 112 pages, Rs 250 “Bab

Are EVs empowering India`s Green Transition?

Against the backdrop of the $3.5 billion Production-Linked Incentive (PLI) scheme launched by the Government of India, sales of Electric Vehicles (EVs) are expected to grow at a CAGR of 35% by 2032. It is crucial to take into account the fact that 86% of EV sales in India were under the price bracket of $2