POWER MINISTER REVIEWS PERFORMANCE, GIVES INSTRUCTIONS TO THDCIL AND NEEPCO

Recently, Union Minister of Power and New & Renewable Energy, R K Singh took review meetings of the Tehri Hydro Development Corporation Limited (THDCIL) and North Eastern Electric Power Corporation Limited (NEEPCO). A direction given to both the CPSUs was to bid for Solar and/or Wind projects. The minister also directed both the CPSUs to increase their Capital Expenditure (CAPEX) and to spend 90% of their CAPEX by the end of Q3.

Singh appreciated the progress made by THDCIL for the initiatives taken by them in installation of Carbon Capture Technology for the Khurja Super Thermal Power Project (2 X 660 MW). He also commended the initiative of THDCIL for diversification in the field of ‘Green Hydrogen’ under the ‘National Green Hydrogen Mission’ and to develop 800 MW capacity Green Hydrogen production and storage project on commercial scale in Chitrakoot District of Uttar Pradesh. THDCIL was also asked to create two new divisions in the company, one each for construction of Thermal Power Plants and another for development of Mines.

The minister expressed concern on NEEPCO’s high manpower per megawatt strength and advised the CPSU to bring it within norms fixed by CEA (Central Electricity Authority). He directed NEEPCO to diversify the operations of NEEPCO in Renewable Energy and also expand its area of operations to
PAN India.

THDCIL is a leading power sector and profit making public sector enterprise and registered as a public limited company. NEEPCO is conferred with the Schedule A- Miniratna Category-I CPSE status.

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