NTPC to lay foundation stone of 1,600 MW project in Madhya Pradesh soon.

Country's largest power producer NTPC will lay the foundation stone of its 1,600 MW Gadarwara plant, that entails an investment of nearly Rs. 11,000 crore, in Madhya Pradesh soon.

The project, located in Narsingpur district, would have two super critical units, each with 800 MW capacity.

State-owned NTPC said foundation stone for the plant is scheduled to be laid on February 19.

'An investment of approximately Rs. 11,000 crore has already been approved by NTPC for setting up the project and it is targeted to be commissioned in the 13th Plan period (2017-22),' the company said in a statement.


Coal for the project would be sourced from the Talaipalli block in Mand-Raigarh coalfields.

Half of the electricity generated from the plant would be supplied to Madhya Pradesh while the rest would be provided to other states in the Western region.

Already, NTPC has a few projects in Madhya Pradesh including the 4,260 MW Vindhyachal thermal power station. One more unit of 500 MW is under construction at Vindhyachal. The company is also working on 50 MW solar plant at Rajgarh in the state.

Currently, NTPC has an installed generation capacity of 42,464 MW.

ET