UP govt seeks 75% power from NTPC's proposed plant

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 12:46 AM IST

The UP government has sought 75 per cent of the electricity produced from NTPC's proposed 1,320 MW power plant in the state.

NTPC has selected Dhundwa Jamauli near Kanpur for setting up a supercritical thermal power project of 1,320 (2x660) MW and has sent the proposal to the power ministry.

"NTPC wrote to us a month back, we are looking at the possibility and also how much power we would get. We would want 75 per cent of the electricity from the power station," a UP government official said.

As per the Gadgil formula of power allocation, the home state gets 10 per cent as preferential allocation while 15 per cent is kept unallocated for the Centre. The balance 75 per cent is allocated to beneficiary states, including the home state.

Meanwhile, NTPC has said that it would pump in Rs 40,000 crore for setting up three coal-based power plants in Madhya Pradesh.

The sites for the proposed power plants have been selected and the plants are expected to be commissioned in the next 5-6 years.

The current power generation capacity of NTPC is over 31,000 MW, which the company plans to scale up to 50,000 MW by the end of the XIth Five-Year Plan (2007-12).

*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: Apr 30 2010 | 2:18 PM IST

Next Story