NTPC finalises contracts for 4 thermal power projects

After awarding the contract for a 1,320 megawatt (MW) thermal power project in Odisha’s Talcher, NTPC Ltd has finalised awarding contracts for four more coal-fired power projects over the next three years. These four projects will add 4.8 gigawatts (GW) of electricity generation capacity. NTPC Ltd, India’s biggest electricity generation company, is going to set up new thermal power units at Sipat (1x800 MW) in Chattishargh, Singrauli (2x800 MW) in Uttar Pradesh, Darlipali (1x800 MW) in Odisha, and Lara (2x800 MW), again in Chattisgarh. All these four projects will be expansion projects wherein additional units will be added to the existing thermal power plants. The contract for the proposed plant at Lara will be awarded by March 2023. For the Sipat project, this same will be done in the second quarter of FY 2024 and the one at Singrauli will be awarded by FY 2025. For the Darlipali plant, the NTPC is currently resolving forest land issues and if that is cleared early, work will be awarded by FY 2024, senior officials at NTPC Ltd said. NTPC Ltd has already awarded a contract to BHEL for a 2x660 MW (1,320 MW) thermal power plant at Talcher, Odisha. The first unit of the Talcher thermal power plant will be commissioned by August 2026. NTPC will be spending about Rs 500 billion on these five projects (including Talcher), which comes to an annual capex of about Rs 120 billion on coal-fired power projects. See also: India requires to invest $12.1 trillion till 2050 for decarbonizationNot easy for India to meet renewables target by 2030: IEA