NTPC Ltd.

National Thermal Power Corporation’s (NTPC) joint venture (JV) with Indian Railways is establishing 4x250 Mega Watt (MW) coal based captive power plant at Nabinagar in state of Bihar which is under construction. The first unit of power plant at Nabinagar is likely to be commissioned during 2015. The estimated cost of Nabinagar project is about Rs 5,350 crore. The production output of this plant will be 1,000 MW.

The project at Nabinagar is being funded in debt: equity model of 70:30. Out of equity portion of Rs 1,606 crore, contribution of India Railways & NTPC will be Rs 418 crore (26%) & Rs 1,188 crore (74%) respectively.

Further, 2x660 MW coal based thermal power plant at Adra in West Bengal is also planned by the Indian Railways in JV with NTPC is at proposal stage for which the application for coal linkage has been submitted.

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.