4.80 (1.39%) NTPC is reportedly planning to phase out 1,460 MW of old depreciated plants over time. One plant of 460 MW at Talcher (Odisha) and another plant of 1,000 MW at Singrauli (Madhya Pradesh) will be retired.
Moreover, the company will be setting up two plants - of 1,320 MW each - in both these places, i.e. Talcher and Singrauli. The Talcher unit is expected to come up by 2021, while tenders have been floated for the Singrauli plant. With around Rs 7 crore being spent for setting up each MW of power, the investment across these projects is expected to be in the tune of Rs 20,000 crore.
NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.