NTPC to invest about Rs 20,000 crore in setting up Thermal Power Project in MP

New Delhi: NTPC will invest about Rs 20,000 crore to set up a 3,960-megawatt (Mw) coal-based power project in Madhya Pradesh.

NTPC has signed a memorandum of understanding with the state government and MP Power Trading Company regarding this.

The 6x660-Mw plant would be set up near Barethi in Chhatarpur district for the benefit of the Bundelkhand region.

The project is likely to be commissioned during the Twelfth Five-Year Plan Period (2012-17).

Earlier, NTPC had planned a 3,960-Mw supercritical thermal power project in Uttar Pradesh. However, the plan ran into problems over differences with the state government on usage of electricity generated by the project.