News

Power Utility

Staff Reporter

, India

Published:

12 years ago

NTPC to exceed 128,000 Mw in capacity by 2032

India's NTPC plans to take its capacity to over 128,000 Mw by 2032.

NTPC's Chairman and Managing Director, Arup Roy Choudhury, announced that the company is currently working on many new projects for rapid capacity addition and plans to achieve this.

The total installed capacity of NTPC is 34,854 Mw, with 15 coal-based, seven gas-based power stations and six joint-venture power projects located across India. It is currently working on projects with a cumulative capacity of 40,000 Mw, of which 14,000 Mw is in various stages of implementation.

The company recently tied up a syndicated loan worth Rs 2,341 crore from a consortium of Indian banks for its 390-Mw Muzaffarpur thermal power project in Bihar. NTPC Kanti Bijlee Utpadan Nigam Limited, a subsidiary of NTPC Limited, has achieved financial closure on its Muzaffarpur thermal power project, consisting of two units of 195 Mw each. The company has mobilized loans worth Rs 10,000 crore from State Bank of India this fiscal (2011-12). It has also secured a $300 million loan from Bank of Tokyo-Mitsubishi UFJ Ltd, Singapore.

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