India's NTPC approved a US$1.35b investment for the expansion.
Indian state-run power generator NTPC has approved an investment of RUP9,785 crore (approximately US$1.35bn) for the 1,320 MW third stage of the Talcher coal-fired power plant expansion (Angul district, state of Odisha, India).
The 1,320 MW expansion project will encompass two units of 660 MW and will help NTPC to reach its objective of becoming a 130 GW company by 2032. In the 2017-2018 fiscal year, NTPC added 3,478 MW of new capacity and currently has a total capacity of 53,651 MW most of which stem from 21 coal-fired and 7 gas-fired, power plants.
This article was originally published by Enerdata.
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