NTPC allotted Mandakini B coal block for 4,000-Mw plant

The project, one of the largest to be taken up by the state-owned thermal power giant, is estimated to cost Rs 20,000 cr

NTPC allotted Mandakini B coal block
Shreya Jai New Delhi
Last Updated : Sep 19 2015 | 2:08 AM IST
The coal ministry has allocated Mandikini B coal block in Odisha to NTPC. The block, which has extractable reserves of 1.2 billion tonnes of coal, will fuel the public sector firm’s first 4,000-Mw power plant in Telangana.

The project, one of the largest to be taken up by the state-owned thermal power giant, is estimated to cost Rs 20,000 crore.

The plant is located at Ramagundam in Telangana’s Karimnagar district.

Also Read

The project’s capacity matches with that of an ultra mega power project (UMPP). NTPC had failed to win a UMPP last year as other private bidders had pulled out.

Earlier this year, company executives had said the project would take 36-40 months to be commissioned. NTPC has around 23,000 Mw of capacity under construction and nearly 9,500 Mw capacity under bidding.

ALSO READ: NTPC gains on talk of foreign brokerage upgrade

“Among other projects, feasibility reports for about 16,600 Mw have been approved. NTPC has signed a memorandum of association with the Jharkhand government to form a joint venture company for performance improvement and expansion of Patratu Thermal Power Station (770 Mw) with a proposed capacity expansion of 4,000 Mw,” said A K Jha, chairman and managing director of NTPC at the annual general meeting of the company on Friday.

NTPC’s cumulative installed capacity is 45,548 Mw. The company has made the single largest thermal capacity addition (8,445 Mw) in the country during the 12th Plan and is likely to exceed the target of 11,920 Mw set by the Government of India, the company said in a statement.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 19 2015 | 12:12 AM IST

Next Story