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NTPC to set up 3,960 MW plant in Madhya Pradesh
fiogf49gjkf0d State-run power utility NTPC Ltd said on Monday it had signed a memorandum of understanding with the Madhya Pradesh government to set up a 3,960 megawatts power plant in the state. The financial details of the project were not immediately available.
Earlier speaking to CNBC-TV 18, the recently appointed chairman and managing director of NTPC, Arup Roy Choudhury, said that the company's execution roadmap is now on track. He said a wave of external factors affected their delivery in the past but is expecting to meet their annual targets this time around. At present, their execution capacity is at 32,000 megawatt.
Choudhury clarified that NTPC will end FY11 with an additional 4,000 megawatt and end FY12 with another 5,000 megawatt taking their total capacity to 40,000 megawatt. “We are going to achieve 75,000 megawatt in the next five years,” he added. | | India, Pak businessmen meet fa
fiogf49gjkf0d To promote long term durable r | |
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