NTPC gets green clearance for Rs 77.32 bn expansion project in Odisha
.jpg)
State-run power producer NTPC has been given the green clearance for the Rs 77.32 billion expansion project of the Talcher Thermal Power Station in Odisha, a senior government official said Monday.
The company's proposal is to add two additional units of 660 MW each in the existing premise of the Talcher Tehermal Power Project (TTPP) located in Angul district, Odisha.
"The Union Environment Ministry has given the environment clearance for the NTPC's proposed coal-based ultra super critical thermal power project expansion. The approval has been given with some riders," the official said.
The proposed project, which is expected to meet the power demand of the eastern region, is estimated to cost Rs 77.32 billion and is planned to be commission by 2022.
In its proposal, the NTPC said about 446 acres of land is required for expansion. The two additional plant facilities will be set up within the land available in the existing power station.
The coal requirement for the expansion project is estimated to be about 6.9 million tonnes per annum (MTPA) and it will be supplied by the Coal India Ltd (CIL), mostly from Mahanadi Coalfieds.
The NTPC plants generate about one fourth of the total power generated in the country. The company has been continuously exploring and identifying projects, where expansion of existing stations apart from new greenfield projects could be set up, wherever feasible.
Other Latest News
.webp)
Cement maker ACC on Thursday said its profit after tax (PAT) increased four-fold to Rs 945 crore in the March quarter of the previous fiscal year on account of robust sales.
The company had reported a PAT of Rs 236 crore in the year-ago period.
Revenue from operations rose to Rs 5,409 crore in the fourth quarter as compared with Rs 4,791 crore in the year-ago period, ACC Ltd said in a regulatory filing.
.webp)
Nestle on Thursday missed first-quarter organic sales growth estimates, as the world's biggest packaged food company hiked prices and sold fewer products, particularly in North America.
The maker of Maggi noodles, Nescafe coffee and KitKat chocolate wafer bars confirmed its 2024 guidance of organic sales growth of about 4 per cent and a moderate increase in underlying trading profit margin.
.webp)
Shares of Hitachi Energy were buzzing in trade on Thursday as they soared as much as 18.89 per cent to hit a fresh record high of Rs 9,765.30 per share, driven by expansion plans. On the other hand, S&P BSE 500 was trading 0.21 per cent higher at 74,010.29 levels, as of 1:02 PM.
Hitachi Energy intends to establish additional global capability centres (GCCs) in India to bolster its local operations in response to escalating energy demand and the government's focus on expanding renewable energy generation, according to Reuters.
.webp)
Air India Express will give first-time voters aged 18 to 22 a 19 per cent discount on domestic and international flight tickets for travelling to their home constituencies and back, the Economic Times (ET) reported.
This deal is part of the airline’s "#VoteAsYouAre" campaign, “designed to mobilise first-time voters to fly home to exercise their constitutional right and help guide the flight path of the nation", ET reported.
.webp)
National Stock Exchange (NSE) on Wednesday introduced derivative contracts on Nifty Next 50 index, which received a positive response from market participants.
More than 375 trading members from across the country participated in the index derivatives, the National Stock Exchange (NSE) said in a statement.
.webp)
.webp)
.webp)
.webp)
.webp)
