State-owned NTPC today said it may invest over Rs 10,000 crore to set up a 2,640 megawatt (Mw) thermal power project at Gidarbaha in Punjab.
NTPC signed a Memorandum of Understanding (MoU) with the Punjab government and Punjab State Power Corporation to set up 2,640 Mw (4x660 Mw) coal-based power project at Gidarbaha in Punjab, a company statement said.
The Project shall be set up as regional power project by NTPC and would also be the company's first in the state, the statement said.
An investment of about Rs 4 crore is required for generating one Mw of electricity.
The current installed capacity of the company, which operates 27 power stations is over 32,194 Mw.
At present, over 17,000 Mw capacity is under construction at 17 projects in 12 states and NTPC plans to become a 75,000 Mw company by 2017.
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