NTPC lines up Rs7,245 crore investment in power projects

27 Nov 2007

1

Mumbai: The board of directors of National Thermal Power Corporation (NTPC) has approved investment proposals worth Rs7244.9 crore, including the Rs5459-crore Mauda thermal power project in Maharashtra, renovation and modernisation of the Kawas plant in Gujarat and picking up major stake in a joint venture with the Indian Railways.

NTPC will set up a greenfield 2x500 MW coal-based power plant in Mauda, Amravati district, Maharashtra, involving an investment of Rs5,459.3 crore, the company said in a filing with the Bombay Stock Exchange (BSE).

NTPC will also carry out renovation and modernisation of the 645 MW gas-based plant at Kawas at a cost of Rs597.4 crore.

The board also approved the plan to pick up 74 per cent stake in a joint venture company with the Indian Railways - Bhartiya Rail Bijlee Company (BRBCL) - by investing Rs1,188.2 crore. BRBCL will set up 4x 250 MW thermal power generation facility at Nabhinagar in Bihar.

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers