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NTPC Ltd formed a joint venture with SAIL on 50:50 basis in March, 2001 in the name NTPC-SAIL Power Company Limited (NSPCL). NSPCL took over captive power plant-II located at Durgapur Steel Plant (2X60 MW) and Rourkela Steel Plant (2X60 MW) from SAIL.
NTPC Ltd formed another joint venture company with SAIL on 50:50 basis in March, 2002 in the name of Bhilai Electric Supply Company (P) Ltd. (BESCL). BESCL took over captive power plant-II located at Bhilai Steel Plant (2X30 MW + 1X14 MW BPTG) from SAIL. With effect from 11th September, 2006, BESCL was amalgamated with NSPCL and all properties, licenses, permissions, debt, liabilities etc. with respect to BESCL now rests in NSPCL.
To supply power to Bhilai, Durgapur and Rourkela Steel Plants of Steel Authority of India Ltd. (SAIL) on captive basis from its coal based captive power plants –II at Bhilai (Chhattisgarh) 2X30 MW + 1X14 MW, Durgapur (West Bengal) 2X60 MW and Rourkela (Orissa) 2X60 MW. To meet additional captive power requirement of Bhilai Steel Plant and other units of SAIL, NSPCL commissioned Bhilai CPP-II Expansion Power Project (2X250MW) during 2008-09 and commercialized the units during 2009-10. From the expansion plant, NSPCL is supplying power to the beneficiaries viz. Union Territory of Dadra & Nagar Haveli , Union Territory of Daman & Diu, Chhattishgarh and Bhilai Steel Plant / SAIL in the western region.