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NTPC plans to make cement seeks partners
NEW DELHI: NTPC is planning to expand into cement manufacturing with the twin objectives of utilising fly ash from its power stations and create captive demand for electricity.
The state-run utility is inviting expression of interest from cement makers on Thursday, offering partnership for building the proposed cement plants in the vicinity of its power stations, company executives told TOI on Wednesday.
NTPC is looking at building cement plants with annual capacity of 1 million tonne or more in the vicinity of its power stations - both in operation and under construction. These plants will be offered to the chosen partners on BOO (build, own, operate) basis.
The company is also open to helping with land, water and power wherever possible. The partners will have to sign a long-term contract for sourcing ash from NTPC and will be responsible for marketing of products.
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