NTPC plans to make cement
NTPC is looking at building cement plants with annual capacity of 1 million tonne or more in the vicinity of its power stations – both in operation and under construction. These plants will be offered to the chosen partners on BOO (build, own, operate) basis.
The company is also open to helping with land, water and power wherever possible. The partners will have to sign a long-term contract for sourcing ash from NTPC and will be responsible for marketing of products.
“The notice seeking EOI is to gauge the interest of existing players in the cement market. The pattern of joint ventures will be decided on the basis of loacation and feasibility of each cement plant proposed by the interested manufacturers,” one NTPC executive said.
A cement foray is important for NTPC as it will help the company meet the environment ministry’s norm envisaging 100% utilisation of fly ash. The company produces 65 million tonne a year of ash, part of which is being used as landfill and for brick-making, embankments etc.