In a bid to set up four thermal projects in the coal-rich states of Madhya Pradesh and Chhattisgarh in the next five years, state owned power company, National Thermal Power Corporation (NTPC) is planning to invest Rs 41,000 crore.
The company would set up three projects -- 1,980 MW project at Barethi, 1,320 MW at Khargone and 2,640 MW at Gadarwara -- in Madhya Pradesh and a 2,400 MW Lara project in Chhattisgarh.
The company has inked preliminary agreements with the governments of Madhya Pradesh and Chhattisgarh for the execution of four coal-based power projects with a combined capacity of over 8,300 MW which will be executed over the next Five-Year Plan period (2012-17).
The company is also executing 1,980 (3x660) MW Sipat power project in Chhattisgarh, the first 660 MW unit of which has been commissioned and the other two units would be commissioned by March, 2012. At present, the company generates over 34,000 MW electricity with 15 coal- based and 7 gas-based power stations, besides 6 joint venture or subsidiary power projects across the country.
| Company Name | CMP |
|---|---|
| NTPC | 405.60 |
| Tata Power | 436.05 |
| Adani Power | 215.45 |
| Power Grid Corp | 321.00 |
| Torrent Power | 1658.00 |
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