30 December, 2011

State-run NTPC said that its board has approved investment proposals worth Rs 18,346.6 crore for two power projects. The country’s largest power producer would invest Rs 15,166.2 crore for the upcoming 3×800 MW Kudgi Super Thermal Power Project in Karnataka, it said in a regulatory filing.

The project is awaiting clearance of ministry of environment and forests. NTPC would also make an investment of Rs 3,180.4 crore for 500 MW Stage-V of the Vindhyachal Super Thermal Power Project in Madhya Pradesh. This unit is also awaiting environmental clearance.

“Stage-I (6×210 MW) Stage-II (2×500 MW) and Stage – III (2×500 MW) of the project are under commercial operation. Stage-IV (2×500 MW) of the project is currently under construction,” the filing said.

NTPC at present has an installed capacity of 36,014 MW and operates 15 coal-based, 7 gas-based and 6 joint venture power stations.