NTPC approves Rs 50.29 cr investment for Orrisa plant

MUMBAI: The board of state-owned National Thermal Power Corporation recently approved an investment of Rs 50.29 crore for the purchase of additional rolling stock for its Talcher Super Thermal Power station at Kaniha in Orissa.

The rolling stock includes two locomotives and 55 wagons which would be used to transport coal for the 3000 megawatt thermal power project.

The move is in line with NTPC���s plan to increase coal imports. Chairman R S Sharma has said that NTPC would scale up its import of coal to 8.33% of its requirement in 2010, to produce 3,000 MW more in the next financial year. The coal imports would be mainly from Indonesia and Australia.

NTPC imported about 5 million tonnes of coal out of a targeted of 8.2 million tonnes in the current fiscal year.