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NTPC’s second Odisha project suffers land clearance issues

10 Apr 2013 Evaluate

State run NTPC’s second project in Odisha is suffering delays in getting mandatory approvals from the State Government for land clearance. Because of these delays, the public sector power producer is likely to move out its proposed 1,600 MW project from Darlipalli, Odisha. It had recently shifted its coal-based power project from Gajmara, in the State, to Gadarwara in Madhya Pradesh.

However, NTPC has not received any formal proposal to shift the Darlipalli project from Odisha. It has also placed an equipment order for two 800 MW units with BHEL and BGR. But BGR Energy Systems has backed out, saying it cannot supply the equipment because of delays in the project’s progress.

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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