Business Update6 Nov 2024, 12:18 am
NTPC LTD. Approves INR 29,947.91 Crore Investment for Nabinagar Super Thermal Power Project, Stage-II
AI Summary
NTPC LTD., in its meeting held on 5th November 2024, has approved an investment of INR 29,947.91 Crore for the Nabinagar Super Thermal Power Project, Stage-II (3x800 MW). This decision was made based on the attached letter, and it is expected to contribute significantly to the company's power generation capacity.
Key Highlights
- NTPC LTD. has approved an investment of INR 29,947.91 Crore for the Nabinagar Super Thermal Power Project, Stage-II.
- The project is a 3x800 MW power generation unit, indicating a significant expansion in the company's power capacity.
- The approval was made in a Board of Directors meeting held on 5th November 2024.
- The decision is based on the attached letter, which provides further details on the project.
- This investment approval is a significant step for NTPC LTD., demonstrating its commitment to expanding its power generation capabilities.