State-owned utility NTPC today said its installed generation capacity has crossed 38,000 MW, after the commissioning of the fifth 500 MW unit of Rihand thermal power project in Uttar Pradesh.
"The Unit-5 of 500 MW of Rihand thermal power project in UP has been commissioned today, NTPC is now 38,014 MW Company," NTPC said in a statement.
The total capacity of Rihand plant is 2,500 (5x500) MW.
NTPC also added a 500 MW unit at Mauda, Maharashtra in April 2012, it said.
The total installed capacity of NTPC is now 38,014 MW, with 15 coal based, 7 gas based power stations and 7 joint venture or subsidiary power projects located across India.
NTPC is currently working on over 18,000 MW new capacity and plans to become 1,28,000 MW plus company by 2032, the statement said.
The company added 9,610 MW of electricity in the XIth Five Year Plan Period (2007-11), of which 2,820 MW was added during 2011-12.
NTPC expects to almost double investments for expansion activities at Rs 21,000 crore in the current fiscal. It had spent about Rs 11,000 crore in 2011-12.
Meanwhile, the company has plans to import about 14 million tonnes of coal this financial year. The company imported 12 million tonnes in 2011-12.
NTPC posted nearly 5% increase in consolidated net profits at Rs 9,814.66 crore for the year ended March 2012.