NTPC set to award first coal-fired plant in about six years: Report

Bharat Heavy Electricals Ltd. emerged as the lowest bidder to build the 1,320 megawatt project in the eastern state of Odisha

The state government holds a 26.85 per cent stake in SJVN, which owns and operates 2 GW of hydro power projects
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The global energy crisis following Russia’s invasion of Ukraine has revived interest in coal in countries from Europe to Asia.

Rajesh Kumar Singh | Bloomberg
NTPC Ltd., India’s largest power producer, is going ahead with construction of its first coal-fired plant in about six years, as the global energy crunch spurs demand for the dirtiest fossil fuel.

Bharat Heavy Electricals Ltd. emerged as the lowest bidder to build the 1,320 megawatt project in the eastern state of Odisha, according to people familiar with the matter. NTPC is now discussing whether the state-run engineering firm can accelerate the project time schedule, the people said, asking not to be named as the information is not yet public.

Both companies didn’t respond to emailed requests for comment. 

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First Published: Jul 19 2022 | 11:03 PM IST

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