NTPC to invest Rs 80k cr for 6,400 MW thermal capacity, stock jump over by 0.8%

Power giant NTPC board has approved investment proposals worth about Rs 80,000 crore for thermal projects totaling 6,400 MW. The board of directors has accorded investment approval for the Telangana Super Thermal Power Project, Phase-II (3x800 MW) at an appraised current estimated cost of Rs 29,344.85 crore, the company said in an exchange filing.

The board also approved the proposal for the Gadarwara Super Thermal Power Project, Stage-II (2x800 MW), at an estimated cost of Rs 20,445.69 crore, it said.

The board also accorded investment approval for the Nabinagar Super Thermal Power Project, Stage II (3x800 MW) at an appraised current estimated cost of Rs 29,947.91 crore. The NTPC Group's installed power generation capacity was 76,443 MW as of September 30, up from 73,824 MW a year earlier.

Join PSU Connect on WhatsApp now for quick updates! Click here

Read Also : IndianOil Wins Big at FICCI Indian Sports Awards 2024 for Championing Sports Development