NTPC Ltd.

NTPC would invest around Rs 6,600 crore for setting up a coal-based power project at Kanpur, on which the work is expected to start from January 2012. The proposed 1,320 Mw project is likely to come up at Bilhaur, near Kanpur in Uttar Pradesh. The Memorandum of Understanding for the availability of land and water for the project was signed in December, 2010. NTPC is awaiting environment clearance for the project from the Ministry of Environment and Forests. The company's installed capacity is over 34,000 Mw and it plans to further ramp it up to 75,000 Mw 2017, from all sources of energy.NTPC, which is looking for coal to produce power after the Coal Ministry cancelled five coal blocks allotted to it, is all set to buy 5 million tonnes of coal from Singareni Collieries Company (SCCL), by shelling out Rs 814 extra per tonne. NTPC has entered into an agreement with SCCL, an Andhra Pradesh government-owned coal mining company, for coal supply in addition to normal supply. Under the MoU, SCCL would supply 5 million tonnes of additional coal to NTPC stations for a period of one year from July 1, 2011, to June 30, 2012, in addition to supply of 10.2 million tonnes of coal per annum under the existing long term fuel supply agreement with the thermal power majorcrackcrack