NTPC Approves ₹20,456.7-Crore Investment in Lara Stage-III Power Plant.

State-owned power producer NTPC Ltd. has approved an investment of ₹20,456.70 crore for the development of the 1,600 MW Lara Super Thermal Power Project Stage-III in Chhattisgarh.

In a regulatory filing on Saturday, the company said its Board of Directors, at a meeting held on July 11, approved the investment proposal for the Stage-III expansion of the Lara project, which will comprise two 800 MW units.

"The Board of Directors of NTPC Limited in its meeting held today, i.e. July 11, 2026, has, inter alia, approved the investment proposal for Lara Super Thermal Power Project, Stage-III (2x800 MW) at the current estimated cost of ₹20,456.70 crore," the company said in the filing.

The approval comes as NTPC continues to strengthen its thermal generation capacity while enhancing operational flexibility to support the country's evolving power mix. On June 5, the company invited bids from technology solution providers to help its sub-critical thermal power units operate efficiently at lower loads, enabling greater integration of renewable energy into the electricity grid.