NTPC to tap Deloitte consultancy on operational revamp

The country’s largest thermal power producer NTPC may soon appoint Deloitte as a consultant on revamping its operations and human resources development. “NTPC is likely to appoint Deloitte as a consultant for preparing its restructuring plans, which would include the company’s new mining plans, manpower management, etc,” a Power Ministry official said.

Deloitte is believed to have made a presentation to the company on taking up the job, which would also involve an analysis of the proposed restructuring of NTPC joint ventures— including NTPC-SAIL Power Company Ltd, NTPC Tamil Nadu Energy Company Ltd, Ratnagiri Gas & Power Ltd, NTPC-Alstom Power Services Ltd, NTPC-SCCL Global Ventures Ltd, International Coal Ventures Ltd and NTPC BHEL Power Projects Pvt Ltd— the official added.

NTPC plans to expand its existing power capacity of over 35,000 Mw to about 66,000 Mw by 2017. The company planned to raise its capacity to 75,000 MW by the end of the 12th Five-Year Plan (2012-17), but it had to curtail the target due to non-availability of gas and coal and land acquisition issues.

NTPC currently employs approximately 26,000 people. It will seek the consultant’s advice on streamlining its present workforce and how to make the best use of manpower. The consultant would also advice the company on its coal mining venture. NTPC has been awarded coal blocks and is expected to start excavation from those blocks in the near-term.

Meanwhile, NTPC has signed a preliminary agreement with Birla Institute of Management & Technology (BIMTECH) to jointly explore opportunities related to capacity building, institution development and training and development programmes with a view to strengthen ties between industry and educational institutes.