DVC rubbishes Raghunathpur takeover by NTPC

Damodar Valley Corporation (DVC) today rubbished reports that NTPC was taking over its Raghunathpur thermal power plant, terming it as a "rumour".
"Raghunathpur plant is still with us. It is (report of NTPC takeover) a rumour," DVC chairman Andrew W K Langstieh said here.
The plant, he said, is progressing well and the company has got 80 acres for the rail corridor.
According to sources, DVC is trying to pacify its employees who are opposing the proposed takeover.
NTPC chairman Arup Roychowdhury recently said that the company will seek its board's nod shortly for the takeover of DVC's Raghunathpur thermal power plant in West Bengal's Purulia district.

He had said, NTPC would take over the Raghunathpur thermal power project, both phase-I and phase-II.
Roychowdhury had said that the cap price for the project has been decided with DVC chairman and the techno-feasibility report of NTPC would be negotiated for a final deal price to bridge the gap.
The first phase involves a 1,200 MW (2x600MW) thermal power plant, of which the first unit of 600 MW is ready, but the commercial commissioning is still to happen due to water, rail and road connectivity issues.