NTPC Ltd.

Clearing the last hurdle for the long-delayed project, State-run power producer NTPC has approved the 1,320-MW thermal power plant at Katwa in West Bengal. This development comes right after West Bengal government allocated 96 acre for the proposed plant and local residents agreed to add 150 acre to the land pool.

The Rs 8,000-crore Katwa plant projects was stranded for close to three years due to change in state government which jeopardized the company's land acquisition plans. The project cost will include Rs 116 crore for 556 acre that the earlier Left Front government had acquired before the power equation in the state changed and will also include a staff hostel belonging to the government that would be handed over to NTPC. It will also cover payment Rs 110 crore to the Indian Railways for gauge conversion of the tracks between Bardhaman and Katwa.

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