NTPC Set to Acquire KSK Mahanadi Power
POWER & RENEWABLE ENERGY

NTPC Set to Acquire KSK Mahanadi Power

National Thermal Power Corporation (NTPC) is poised to acquire the KSK Mahanadi Power Station in Chhattisgarh for a substantial sum of Rs.50 billion. The power project, situated in Chhattisgarh, was facing financial challenges and had outstanding loans of ?38 billion as of March 2018.

The acquisition marks a strategic move by NTPC to strengthen its position in the power generation sector. The KSK Mahanadi Power Station, with a significant installed capacity, aligns with NTPC's mission to enhance its capabilities and contribute to India's growing energy demands.

The decision to acquire the power unit reflects NTPC's commitment to efficient and diversified power generation. The move is expected to bring operational synergies and financial stability to the KSK Mahanadi Power Station, benefiting both entities.

The ?50 billion acquisition underscores NTPC's proactive approach to leveraging opportunities in the energy sector. As India continues to focus on expanding its power infrastructure, NTPC's strategic acquisition aligns with the nation's energy goals and contributes to the overall growth of the power generation landscape. The deal is anticipated to have a positive impact on the region's energy security and the broader objectives of sustainable and reliable power supply in the country.

National Thermal Power Corporation (NTPC) is poised to acquire the KSK Mahanadi Power Station in Chhattisgarh for a substantial sum of Rs.50 billion. The power project, situated in Chhattisgarh, was facing financial challenges and had outstanding loans of ?38 billion as of March 2018. The acquisition marks a strategic move by NTPC to strengthen its position in the power generation sector. The KSK Mahanadi Power Station, with a significant installed capacity, aligns with NTPC's mission to enhance its capabilities and contribute to India's growing energy demands. The decision to acquire the power unit reflects NTPC's commitment to efficient and diversified power generation. The move is expected to bring operational synergies and financial stability to the KSK Mahanadi Power Station, benefiting both entities. The ?50 billion acquisition underscores NTPC's proactive approach to leveraging opportunities in the energy sector. As India continues to focus on expanding its power infrastructure, NTPC's strategic acquisition aligns with the nation's energy goals and contributes to the overall growth of the power generation landscape. The deal is anticipated to have a positive impact on the region's energy security and the broader objectives of sustainable and reliable power supply in the country.

Next Story
Products

unWOOD transforms plastic waste into durable wood alternative

unWOOD, a breakthrough innovation, is converting hard-to-recycle plastic waste into a durable alternative to natural wood. Developed through a proprietary process called Intelligent Compounding, unWOOD uses a Macro Molecular Fiber Matrix (MMFM) structure to replicate the strength, look, and feel of hardwood—without the environmental cost.Conceptualised by Dr Babu Padmanabhan, the material addresses key flaws in traditional plastic recycling by consuming minimal energy, using zero water, and generating no microplastics. “Any application that introduces plastics into areas where it cannot be..

Next Story
Real Estate

India's first AI-integrated campus announced in Noida

Yashoda Hospital and Bhutani Infra have announced plans to develop India’s first fully AI-integrated mixed-use campus in Greater Noida West. The upcoming project will feature a hospital, retail spaces, offices, SOHOs, serviced apartments, and a hotel—all operating within a self-learning, generative AI-powered ecosystem.The AI-first campus will integrate real-time data systems, predictive analytics, and adaptive infrastructure to offer personalised experiences across functions. From AI-enabled footfall tracking and dynamic energy optimisation to smart F&B and retail insights, the develo..

Next Story
Infrastructure Urban

Postal Dept Unveils Stamp Honouring 125 Years of Kodaikanal Observatory

The Department of Posts is proud to release a commemorative postage stamp celebrating 125 years of the Kodaikanal Solar Observatory (KSO). Recognising the legacy of the KSO through this special stamp is a fitting tribute to one of India’s most significant scientific institutions and highlights the nation’s long-standing contribution to global science.The Commemorative stamp was released by S Rajendra Kumar, Chief Postmaster General, Karnataka Circle in the gracious presence of A S Kiran Kumar, Chairperson, Governing Council, IIA and Former Chairman, ISRO and other esteemed guests at Indian..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?