NTPC Tapovan project estimated to suffer massive losses
POWER & RENEWABLE ENERGY

NTPC Tapovan project estimated to suffer massive losses

The National Power Thermal Corporation Ltd (NTPC) has suffered an estimated loss of Rs 1,500 crore at its  Tapovan-Vishnugad hydel project after suffering heavy damage from the Uttarakhand glacier burst, and its commissioning, which was scheduled in 2023, is expected to be delayed, said Union Power Minister RK Singh.

The minister visited Tapovan to assess the extent of damage at the project site, a day after the glacier burst in Uttarakhand's Chamoli district.

The minister said that damages caused to the project were estimated at around Rs 1,500 crore, but ruled out any chances of the project being scrapped. The overall cost of the project is Rs 13,500 crore.

Lakhs of tonnes of silt is deposited at the project site, and the time it will take to desilt it has put a question mark on the project's commissioning in 2023, Singh told media sources.

NTPC stated that 120 workers were on the roster at the NTPC project, while three bodies have been recovered from the site till now. Earlier media reports had indicated that the flash floods had washed away the dam and office, accounting for about 60% of the completed construction work. Estimates of damage at that time, on Sunday, stood at Rs 450 crore. Those reports had suggested that between 60% and 70% of the construction may have been lost.

As we reported yesterday, hundreds of workers have been missing and several have been rescued. A news report said 12 workers were trapped in a tunnel in Tapovan, where NTPC’s project is underway. Miraculously, one of them found that his mobile network was working, and seven hours after being confined in the tunnel Monday evening, the Indo-Tibetan Border Police (ITBP) rescued them. They are under treatment at an ITBP hospital in Joshimath, 25 km away.

A massive, round-the-clock rescue operation is underway. However, differing numbers have been emerging about the number of workers that could be trapped in the 12 ft high, 15 ft wide, 2.5 km long tunnel, which has offshoot tunnels within. Officials told media sources that they estimated that 34 were trapped in the main tunnel, while five could be in the offshoots. Latest figures indicate that at least 18 people have died in the tragic accident, which is now suspected to be an avalanche and not a “glacier burst”.

Image: Four hydro projects including NTPC’s 520 MW Tapovan-Vishnugad project are damaged.


Also read: Four hydro projects damaged in Uttarakhand glacier burst

The National Power Thermal Corporation Ltd (NTPC) has suffered an estimated loss of Rs 1,500 crore at its  Tapovan-Vishnugad hydel project after suffering heavy damage from the Uttarakhand glacier burst, and its commissioning, which was scheduled in 2023, is expected to be delayed, said Union Power Minister RK Singh. The minister visited Tapovan to assess the extent of damage at the project site, a day after the glacier burst in Uttarakhand's Chamoli district. The minister said that damages caused to the project were estimated at around Rs 1,500 crore, but ruled out any chances of the project being scrapped. The overall cost of the project is Rs 13,500 crore. Lakhs of tonnes of silt is deposited at the project site, and the time it will take to desilt it has put a question mark on the project's commissioning in 2023, Singh told media sources. NTPC stated that 120 workers were on the roster at the NTPC project, while three bodies have been recovered from the site till now. Earlier media reports had indicated that the flash floods had washed away the dam and office, accounting for about 60% of the completed construction work. Estimates of damage at that time, on Sunday, stood at Rs 450 crore. Those reports had suggested that between 60% and 70% of the construction may have been lost. As we reported yesterday, hundreds of workers have been missing and several have been rescued. A news report said 12 workers were trapped in a tunnel in Tapovan, where NTPC’s project is underway. Miraculously, one of them found that his mobile network was working, and seven hours after being confined in the tunnel Monday evening, the Indo-Tibetan Border Police (ITBP) rescued them. They are under treatment at an ITBP hospital in Joshimath, 25 km away. A massive, round-the-clock rescue operation is underway. However, differing numbers have been emerging about the number of workers that could be trapped in the 12 ft high, 15 ft wide, 2.5 km long tunnel, which has offshoot tunnels within. Officials told media sources that they estimated that 34 were trapped in the main tunnel, while five could be in the offshoots. Latest figures indicate that at least 18 people have died in the tragic accident, which is now suspected to be an avalanche and not a “glacier burst”.Image: Four hydro projects including NTPC’s 520 MW Tapovan-Vishnugad project are damaged.Also read: Four hydro projects damaged in Uttarakhand glacier burst

Next Story
Infrastructure Energy

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Next Story
Real Estate

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world..

Next Story
Real Estate

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App