Wednesday, July 9, 2014

NTPC to foray into Telangana; to set up 4,000 MW plant

NTPC CMD AR Choudhury
IN A move that will further strengthen the power generation capacity of the National Thermal Power Corporation Limited (NTPC), the power giant has agreed to set up a 4,000 Megawatt power plant at Ramagundam in Telangana adjacent...
to its existing units, an official press release said in Hyderabad on July 8.
India's youngest state Telangana's Chief Minister K. Chandrasekhar Rao has assured NTPC chairman and managing director Arup Roy Choudhury, who called on him, that he would take up with the central government coal linkage for the project.
"The chief minister agreed to provide the required land from the available land or by acquiring land from Singareni Collieries Company," said a statement from the Chief Minister's Office.
The NTPC chairman said that the work on the project will commence immediately and the first unit will be completed within 39 months.
The Telangana government will obtain necessary environmental clearances for the project.

NTPC, a Maharatna PSU, was set up in 1975 to accelerate power development in India. The PSU is emerging as an ‘Integrated Power Major’, with a significant presence in the entire value chain of power generation business. With a current generating capacity of 43,019 MW, the power house plans to become a 128,000-MW company by 2032. Presently engaged in power generation from coal and gas, NTPC has of late diversified into hydro power, coal mining, power equipment manufacturing, oil & gas exploration, power trading & distribution. With an increasing presence in the power value chain, NTPC is well on its way to becoming an “Integrated Power Major.”

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