NTPC plans Rs.20,000 crore capex in 2013-14
Quotes

NTPC plans Rs.20,000 crore capex in 2013-14

Last Updated: Tuesday, September 17, 2013, 16:40
 
 Comment 0
 
NTPC plans Rs.20,000 crore capex in 2013-14
New Delhi: India's largest power generator state-run NTPC Tuesday said it has planned capital expenditure of over Rs.20,000 crore during the current fiscal till March 31, 2014.

"We had a capex of Rs.19,926 crore during the previous financial year (2012-13) and plan to raise it to Rs.20,200 crore this fiscal," Arup Roy Choudhury, chairman and managing director of NTPC, said addressing shareholders at the company's Annual General Meeting here.

NTPC added 4,170 MW of capacity in the last fiscal to take its installed power generation capacity to over 41,000 MW.

The company awarded contracts for work of 8,521 MW capacity projects, the chairman said.

Choudhury also said the Cabinet Committee on Investment (CCI) has restored the coal linkage to NTPC's proposed 1,980 MW North Karanpura power plant in Jharkhand.Following differences with the power ministry over the location of the project, the coal ministry had, in 2008, withdrawn fuel linkages to the North Karanpura plant.

Following the government's disinvestment of 9.5 percent of stake last year, its shareholding in NTPC is now at 75 percent.

IANS



First Published: Tuesday, September 17, 2013, 16:40


Comments


comments powered by Disqus
Google I/O 2014
Google I/O 2014
Maker Faire @ White House
Maker Faire @ White House
Amazon unveils 3D `Fire` smartphone
Amazon unveils 3D `Fire` smartphone
RIL`s 40th AGM
RIL`s 40th AGM
Samsung Galaxy Tab S
Samsung Galaxy Tab S

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved