NTPC plans greenfield unit in UP
NTPC plans to spend Rs 6,000 crore to expand the 440-MW Tanda power plant acquired from the UP Govt, reports Samiran Saha.business Updated: Aug 27, 2007 23:45 IST
State-controlled NTPC plans to spend Rs 6,000 crore to expand the 440-megawatt (MW) Tanda power plant acquired from the Uttar Pradesh government to 1,700 MW by 2012, and also plans a separate greenfield thermal power plant in the state, senior company sources said.
NTPC took over the Tanda facility in 2000. “We will add two units of 660 megawatts each at our Tanda Power plant by 2012 at an estimated cost of Rs 6,000 crore,” said a senior company official, who did not want to be identified.
The power major will also sign a joint venture agreement with the UP government to start a 1320-MW greenfield thermal power plant to be located at Meja Road, 40 km from Allahabad, the official told Hindustan Times.
NTPC and will now upgrade the capacity at Tanda to help UP achieve a targeted generating capacity of 10,000 MW by the next decade, the official said. “Initial discussions for upgrading the Tanda facility have begun and it will take us about a year to carry out the environmental and feasibility studies for the proposed project,” the official said.
After the environmental feasibility study is completed, NTPC will start the tendering process that will take another 12-14 months following which upgrade of the Tanda unit will be started. “We would want to commission the upgraded unit in the next 56 to 60 months, if everything goes as per schedule,” the official said.
Regarding the new 1320 MW thermal power plant near Allahabad, the official said it will be executed through a joint 50:50 joint venture partnership with the Uttar Pradesh government.