Question : DABHOL POWER PROJECT



(a) whether National Thermal Power Corporation has singed or likely to sign agreements with State Government of Maharashtra in respect of power projects;

(b) if so, the details thereof;

(c) whether NTPC will also pay a vital role in the Dabhol Power Project to ensure its completion; and

(d) if so, the detailed terms and conditions of NTPC and DPC?

Answer given by the minister


THE MINISTER OF POWER ( SHRI P.M. SAYEED )

(a) & (b) : National Thermal Power Corporation (NTPC) has already signed the Bulk Power Supply Agreement (BPSA) and Power Purchase Agreements (PPAs) with states for power supply from its existing power stations (already commissioned). The details is enclosed at Annexure-I. Status of signing of PPA for various ongoing and new projects of NTPC is enclosed at Annexure-II.

In future also, NTPC would continue to sell power to various beneficiaries and sign Power Purchase Agreements for this purpose.

(c) & (d) : Union Cabinet constituted an Empowered Group of Ministers (EGOM) to consider and decide all issues related to Dabhol Power Project. The restructuring framework approved by EGOM inter alia included setting up of a `project SPV` having equity contribution of Rs.500 crore each from NTPC, Gas Authority of India Ltd. (GAIL) and Indian Financial Institutions (IFIs) to acquire the assets of Dabhol Power Company (DPC), free of all encumbrances and past liabilities through the Debt Recovery Tribunal (DRT)/Court process. Accordingly, a new Company, Ratnagiri Gas and Power Private Ltd. (RGPPL) was incorporated on 8th July, 2005 under the Companies Act, 1956 with NTPC and GAIL as promoters.

Detailed terms and conditions for acquiring the Dabhol Project assets were mutually agreed between RGPPL, DPC, Indian Lenders to DPC and other related parties and were filed in the Hon`ble High Court of Judicature at Mumbai in the Consent Petition on 22nd of September, 2005. On the same day the Hon`ble Court passed its Order for the transfer of assets of DPC to RGPPL. Thus RGPPL, currently having equity contribution of Rs.500 crore each from NTPC, GAIL, IFIs and non-cash equity of Rs.265 crore of MSEB Holding Company owns the Project and is responsible for its completion. NTPC`s role in RGPPL is limited to its rights and obligations as one of its shareholder. In addition, NTPC, through its consultancy division, is also providing its expert technical services for early commissioning of the power plant as required by RGPPL on commercial basis.

ANNEXURE-I

ANNEXURE REFERRED TO IN REPLY TO PARTS (a) & (b) OF UNSTARRED QUESTION NO.1542 TO BE ANSWERED IN THE LOK SABHA ON 02.12.2005.

Bulk Power Supply Agreement (BPSA) / Power Purchase Agreement signed with Beneficiaries of NTPC for Existing Stations

Station (Capacity MW)	Date of signing	Beneficiary of BPSA / PPA
Singrauli STPS (2000) 31.01.1994 Uttar Pradesh, Rajasthan, Rihand STPS (1000) Delhi, Punjab, Haryana, Unchahar TPS (420) Himachal Pradesh, Jammu & Dadri TPS (840) Kashmir, UT Chandigarh Anta GPS (413) Auraiya GPS (652) Dadri GPS (817) Korba STPS (2100) 12.01.1994 Madhya Pradesh, Maharashtra VindhyachalSTPS Gujarat, Goa,Daman & (1260) Diu, Kawas GPS (645) Dadra Nagar Haveli Gandhar GPS (648) Vindhyachal-II (1000) 13.08.1994 Madhya Pradesh, Gujarat Maharashtra,Goa, Daman & Diu, Dadra Nagar Haveli Ramagundam STPS (2100) 28.09.1993 Andhra Pradesh, Kerala, Goa Karnataka, Pondicherry Farakka STPS (1600) 25.05.1993 West Bengal, Bihar, Orissa, Kahalgaon STPS (840) Damodar Valley Corporation, Talcher STPS (1000) Sikkim Talcher Thermal (460) 08.03.1995 Orissa Simhadhri (1000) 04.02.1997 Andhra Pradesh Kayamkulam GPS (350) 06.01.1995 Kerala Faridabad GPS (430) 22.12.1995 Haryana Talcher-II (2000) 06.04.1998 Andhra Pradesh 16.04.1998 Karnataka 13.05.1998 Tamil Nadu 10.06.1998 Kerala 22.06.1998 Pondicherry Rihand-II (1000) 17.09.1998 Haryana 12.03.1999 Uttar Pradesh 13.08.1999 Himachal Pradesh 19.02.2000 J&K Unchahar-II (420) 29.09.1998 Punjab 12.03.1999 Uttar Pradesh 20.12.1999 Himachal Pradesh 19.02.2000 J&K Tanda TPS (440) 07.01.2000 Uttar Pradesh Ramagundam-III (500) 01.02.2001 Andhra Pradesh 19.07.2001 Kerala 12.09.2001 Tamil Nadu 21.07.2001 Karnataka 18.06.2001 Pondicherry

ANNEXURE-II

ANNEXURE REFERRED TO IN REPLY TO PARTS (a) & (b) OF UNSTARRED QUESTION NO.1542 TO BE ANSWERED IN THE LOK SABHA ON 02.12.2005.

STATUS OF POWER PURCHASE AGREEMENT OF ONGOING/NEW PROJECTS
Project (Capacity)	States who have	Date of signing of requisitioned power	and PPA signed the PPA
Sipat 1. Madhya Pradesh 08.11.1998 Stage-I (1980 MW) 2. Chhattisgarh 10.09.2005 3. Maharashtra 06.12.2003 4. Gujarat 24.06.2002 5. Goa 07.11.2002 6. Daman & Diu 10.05.2000 7. Dadra & Nagar Haveli 10.05.2000
Sipat 1. Madhya Pradesh 13.02.2003/20.06.2005 Stage-II (1000 MW) 2. Maharashtra 10.10.2003 3. Gujarat 29.10.2003/14.05.2005 4. Goa 16.12.2003 5. Daman & Diu 09.10.2003 6. Dadra & Nagar Haveli 09.10.2003 7. Chhattisgarh 08.10.2003
Vindhyachal 1. Madhya Pradesh 13.02.2003 Stage-III (1000 MW) 2. Maharashtra 20.02.2003 3. Gujarat 29.10.2003 4. Goa 24.04.2003 5. Daman & Diu 17.02.2003 6. Dadra & Nagar Haveli 13.05.2003
Unchahar 1. Uttar Pradesh 10.06.2003 Stage-III (210 MW) 2. J&K 27.05.2003 3. Himachal Pradesh 06.06.2003 4. Punjab 02.11.2003 5. Chandigarh 29.11.2002
Kahalgaon-II 1. Madhya Pradesh 13.02.2003/19.09.2005 (1500 MW) 2. Maharashtra 26.05.2003/10.10.2003 3. Gujarat 29.10.2003/14.05.2004 4. Daman & Diu 26.03.2003/9.10.2003 5. Dadra & Nagar Haveli 13.05.2003/9.10.2003 6. Punjab 02.11.2002/07.10.2003 7. Rajasthan 19.04.2003 8. Uttar Pradesh 10.06.2003/12.12.2003 9. Himachal Pradesh 06.06.2003/26.09.2003 10. Jammu & Kashmir 27.05.2003/15.10.2003 11. Chandigarh 29.11.2002/26.09.2003 12. West Bengal 05.08.2003 13. Bihar 12.06.2003
Barh (1980 MW) 1. Daman & Diu 26.03.2003 2. Madhya Pradesh 13.02.2003 3. Gujarat 29.10.2003 4. Punjab 02.11.2002 5. Rajasthan 19.04.2003 6. Himachal Pradesh 06.06.2003 7. Jammu & Kashmir 27.05.2003 8. Chandigarh 29.11.2002 9. Bihar 08.01.2004
North Karanpura 1. Dadra & Nagar Haveli 13.05.2003 (1980 MW) 2. Daman & Diu 26.03.2003 3. Madhya Pradesh 13.02.2003 4. Gujarat 29.10.2003 5. Punjab 02.11.2002 6. Rajasthan 19.04.2003 7. Himachal Pradesh 06.06.2003 8. Jammu & Kashmir 27.05.2003 9. Chandigarh 29.11.2002 10. Jharkhand 14.11.2003
Kawas-II (1300 MW) 1. Gujarat 21.03.2005 2. Maharashtra 23.03.2005 3. Daman & Diu 28.03.2005 4. Dadra & Nagar Haveli 28.03.2005
Gandhar-II(1300 1. Gujarat 21.03.2005 MW) 2. Maharashtra 23.03.2005 3. Daman & Diu 28.03.2005 4. Dadra & Nagar Haveli 28.03.2005