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NTPC to invest around Rs 2500 crore to set up two power projects

05 Mar 2012 Evaluate

State-owned power producer, National Thermal Power Corporation (NTPC) is likely to spend over Rs 25,000 crore to set up two power projects in the state during 12th five-year plan. It aims to break the ground for its two proposed super thermal power projects (STPP) with 1,600 MW capacity each at Darlipali in Sundargarh and Gajmara in Dhenkanal district this year. 

Company will source 7 million tonnes per annum coal from Dulunga and 12.5 million tonnes from Pakri Barwadih blocks allotted to the company to ensure the upcoming project gets uninterrupted raw material. The project will depend on Hirakud reservoir for sourcing water. The proposed Gajmara project will require 1,039 acres in Dhenknal district.

Through NTPC’s new projects it aims to add another 4,500 MW, including Darlipali and Gajamara. It has also proposed to add 1,320 MW capacity at its Talcher facility. 

Peers
Company Name CMP
NTPC 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
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