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NTPC board clears Rs 18,346-cr plans

State-run NTPC on Thursday said its board has approved investment proposals worth Rs 18,346.6 crore for two power projects.

business Updated: Dec 29, 2011 21:53 IST

PTI
Hindustantimes
         

State-run NTPC on Thursday said its board has approved investment proposals worth Rs 18,346.6 crore for two power projects.

The country's largest power producer would invest Rs 15,166.2 crore for the upcoming 3x800 MW Kudgi Super Thermal Power Project in Karnataka, it said in a regulatory filing.

The project is awaiting clearance of ministry of environment and forests.

NTPC would also make an investment of Rs 3,180.4 crore for 500 MW Stage-V of the Vindhyachal Super Thermal Power Project in Madhya Pradesh. This unit is also awaiting environmental clearance.

"Stage-I (6x210 MW) Stage-II (2x500 MW) and Stage - III (2x500 MW) of the project are under commercial operation. Stage-IV (2x500 MW) of the project is currently under construction," the filing said. The two investment proposals were approved by the board during their meeting held on Wednesday.

NTPC at present has an installed capacity of 36,014 MW and operates 15 coal-based, 7 gas-based and 6 joint venture power stations.

First Published: Dec 29, 2011 21:52 IST

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