Odisha government cleared Rs 7,698.46 crore expansion of National Thermal Power Corporation (NTPC)’s plant in Talcher. It will involve the setting up of two new power units of 800 megawatts each at its existing facility in Talcher. The expansion of the Talcher plant will provide more jobs to the state. NTPC has proposed to invest Rs 9,785 crore in two new units totalling 1,320 megawatts. The expansion plan approved by the government is a revised one and addresses the concerns raised by the state. Former Prime Minister Jawaharlal Nehru launched the existing plant in 1964 and has a capacity of 460 megawatts and will become outdated in 2021.
Mr. Dibya Shankar, MoS for Industries said that the chief minister reviewed the follow up of investment intents received during Make-in-Odisha 2016 and Make-in-Odisha 2018. Mr. Hemant Sharma, Principal Secretary, Industries department presented a roadmap for Make-in-Odisha 2020 which included outreach activities, industrial infrastructure development, and policy interventions.
NTPC Limited, formerly known as National Thermal Power Corporation Limited, is an Indian Public Sector Undertaking, is active in the business of generation of electricity and allied activities. It is a company incorporated under the Companies Act 1956 and is promoted by the Government of India. The headquarters of the company is situated at New Delhi. Its core business is the generation and sale of electricity to state-owned power distribution companies and State Electricity Boards in India.