Wednesday, September 9, 2015

NPCIL's power generation rises 4% to 35,592 MUs in 2014-15

State-run Nuclear Power Corporation of India Ltd’s (NPCIL) power generation rose by 4% to 35,592 million units (MUs) in 2014-15 against 34,228 MUs in 2013-14.

The commercial capacity utilisation factor remained stable at 82.43% against 83.49% during same period. The surge in generation was attributed to increase in the fuel supply.

The company as on August has generated 16,311 MUs from 20 operating plants including 1,000 MW unit 1 of Kudankulam project which achieved commercial operation since December last year.

However, the Kudankulam unit 1 is currently under shut down for refueling since June 24 and it is expected to restart generation by end of September.

Further, the company's capacity utilisation factor in August was reported at 78% due to planned shut down of is vrious units. However, the company expects it to further increase by the end of current fiscal.

NPCIL’s total income increased by 2.32 % to Rs 9,263 crore as against Rs. 9,053 crore while net was marginally down by 4% to Rs  2,201 crore in 2014-15 against Rs 2,299 crore in 2013-14. NPCIL at its board meeting held today has recommended total dividend of Rs 639 crore for 2014-15 as against Rs 690 crore of 2013-14.

NPCIL's director N Nagaich told Business Standard that the company proposes to launch construction of  units 3 & 4 of the Kudankulam plant of 1,000 MW by the end of current fiscal. Further, the company plans to start construction activity of 2x700 MW Pressurised Heavy Water Reactors (PHWRs) at Gorakhpur plant in Harayana by March 31, 2016.

Further, NPCIL is pursuing pre-project activities for the Chutka site in Madhya Pradesh,and other new green field sites for 700 MW PHWRs are in progress at Mahi Banswara (4x700 MW) in Rajasthan, Bhimpur (4x700 MW) in Madhya Pradesh.

Initiatives have been taken to pursue the pre-project activity for the projects of Light Water Reactors (LWRs) works at Jaitapur, Maharashtra, Chhaya Mithivirdi, Gujarat and Kovvada, Andhra Pradesh are at various stages of pre-project activity.

A Pre-Engineering Agreement (PEA) for carrying out further studies with repect to  setting up Evolutionary Pressurised Reactors at Jaitapur Site, Maharashtra was signed with AREVA, France on April 10, 2015. Further, preliminary contract was signed in 2014 with Westinghouse Electric Company, USA, for technical feasibility study of AP 1,000.

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