NTPC will build 2.4-gigawatt projects each in Nabinagar in India’s east and Telangana in the south, as well as a 1.6 gigawatt project in Gadarwara in the central Indian state of Madhya Pradesh. — Bloomberg
NEW DELHI: NTPC Ltd, India’s largest power producer, says it has approved construction of coal-fired generation projects worth 797.4 billion rupees (US$9.5bil), aiding the government’s efforts to accelerate capacity addition to meet rising demand.
The latest investment approval is for 6.4 gigawatt of generation capacity spread across three locations where the state-run company already operates power stations, according to separate statements. NTPC didn’t share timelines for commissioning the projects.
