NTPC, country's largest power producer is likely to lose its proposed 1,600 MW thermal power plant at Gajmara in Odisha to a private firm, as it was not able to get necessary clearances within the stipulated time and acquire land for the project. The state-run company was expected to invest Rs 11,400 crore on the 1,600 MW project.
Meanwhile, the company is planning to start another thermal power project at Darlipalli in the state next month. The construction work at Darlipali shall commence as soon as the state government gives an assurance that the land acquisition shall be completed by December 10, 2012.
