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NTPC Board Approves Investments In Power Plants

12/29/2011 12:26 AM ET

National Thermal Power Corporation Ltd., or NTPC, said its board accorded approval for investing Rs.15,166.19 crore in Kudgi Super Thermal Power Project (3 x 800 MW) to be implemented in the state of Karnataka, subject to environmental clearance of Ministry of Environment and Forests or MoEF.

The board also considered an investment of Rs.3,180.40 crore in Vindhyachal Super Thermal Power Project, Stage-V (1 x 500 MW) to be implemented in the state of Madhya Pradesh, subject to environmental clearance of MoEF.

The company said Stage-I (6 X 210 MW) Stage-II (2 X 500 MW) and Stage-III (2 X 500 MW) of the Vindhyachal project are under commercial operation. Stage-IV (2 X 500 MW) of the project is currently under construction.

NTPC shares at the BSE are being traded at Rs.160.60, down by 0.34 percent from the previous close.

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by RTT Staff Writer

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