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Power giant NTPC rushing back to coal as India's energy crisis worsens

NTPC will this month award a contract to construct a 1,320-megawatt plant in Odisha

On April 16, as evening peak time approached, the cost of electricity at the exchange climbed up to Rs 10.31 per unit by 4 pm
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NTPC’s plans for the Odisha plant show how India, which still relies on coal for about 70% of electricity generation, can use the fossil fuel more efficiently

Bloomberg
India’s state-run electricity giant NTPC Ltd. plans to expand its coal-fired power fleet with a first new project in six years, a policy shift that reflects alarm over the nation’s worsening power crisis.

New Delhi-based NTPC will this month award a contract to construct a 1,320-megawatt plant in Odisha, according to a company official with knowledge of the plans. 

The company will also consider awarding contracts for two previously stalled expansion projects at its Lara and Singrauli sites in central India, the official said, requesting anonymity as the plans are still private. 

NTPC didn’t immediately respond to an emailed request