-0.10 (-0.03%) In order to enhance its generation capacity, National Thermal Power Corporation (NTPC) is planning a capital expenditure of Rs 20,200 crore in 2013-14 which would be funded through internal accruals. The above amount earmarked is lesser than Rs 20,995 crore for 2012-13.
The authorized share capital of the company as on December 31, 2012, stood at Rs 10,000 crore and paid up capital at Rs 8,245.50 crore. NTPC has installed capacity of about 40,000 MW and plans to enhance it to about 70,000 MW by March, 2017.
Meanwhile, the Finance Ministry has also kept a provision for compensating the company after its proposed hydro plant in Uttarakhand was scrapped in 2010. A Group of Ministers (GoM) in 2010 had scrapped the NTPC's controversial 600-MW Loharinag Pala hydel project on Bhagirathi river in Uttarakhand.