Published On:April 15 2011
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NTPC to finalise tender for Rs.2600 Cr Kawas gas project
New Delhi: NTPC plans to expand the capacity of its existing 656 Mw combined cycle plant at Kawas in Gujarat. The expansion capacity will be 1,300 Mw and the company is likely to finance the project through external commercial borrowings and internal resources.
NTPC Ltd has decided to go ahead with a Rs 2,600-crore tender for expansion of its gas-based Kawas project in Gujarat.
The PSU wants to place the order for equipment before securing fuel linkage as this would avoid any delay in expansion of the power projects. The company is waiting for approval for fuel linkage and go ahead with the projects even as its legal battle with Reliance Industries Ltd for gas from the Krishna-Godavari D6 block goes on.
NTPC had sought environmental clearance for expansion of the Kawas and Gandhar power project last year. The Board of the company had approved the feasibility report and NTPC had earlier planned to come out with a tender for both projects.