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NTPC plans to set up two more projects in the Madhya Pradesh

20 Feb 2014 Evaluate

NTPC, the largest power generator in the country is planning to set up two more projects in the Madhya Pradesh (MP). The company already has a few projects in MP, including the 4,260-MW Vindhyachal thermal power station. One more unit of 500 MW is under construction at Vindhyachal. The company is also working on a 50-MW solar plant at Rajgarh in MP.

Recently, the company has laid the foundation stone of its 1,600 MW Gadarwara plant in Madhya Pradesh on February 19, 2014. The project, located in Narsingpur district, would have two super critical units, each with 800 MW capacity. The project is targeted to be commissioned in the 13th Plan period (2017-22) and half of the electricity generated from the plant would be supplied to Madhya Pradesh, while the rest would be provided to other states in the Western region.

NTPC is the largest power generating company in the country. It has also diversified into hydro power, coal mining, power equipment manufacturing, oil & gas exploration, power trading & distribution.

 

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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