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November 08

Power demand to rise in future: NTPC CMD.

Exuding confidence that Centre's UDAY scheme will help revive debt stressed discoms, NTPC Chairman and Managing Director Gurdeep Singh today said electricity demand is going to increase in future.The central government had launched UDAY scheme to help discoms reduce debt and improve their financial position which will ultimately help them buy power required for their customers. They were unable to buy power from generating firms despite having demand from their consumers.Singh was addressing employees' on 41st raising day of the company today at Engineering Office Complex at Noida.

He also spoke about efforts of NTPC's to bring down energy charges by stopping import of coal, ensuring better quality coal through third party sampling and coal rationalisation.Singh urged NTPC's Power Management Institute and research arm NETRA to play a crucial role the company's development.NTPC is creating additional carbon sinks by planting one crore saplings during this financial year and the upcoming Telengana Thermal Power Project shall be most modern complying with the latest environment norms, he said.Inclusion of safety as a Core Values is to ensure safe practices in all areas of Company's operations, he added.

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