Power News We love to talk!

SEP 12 2018

Dharmendra Pradhan seeks early approval of NTPC 1,320-MW project in Odisha

  • Economic Times, ET Bureau / Hyderabad
  • Created: Wed 12th SEP 2018



Union Petroleum Minister Dharmendra Pradhan on Tuesday requested Odisha Chief Minister Naveen Patnaik to expeditiously approve the setting up of NTPC's 1,320-MW project at a cost of Rs 9,785 crore in the state.


The PSU has proposed to set up an additional state-of-the-art, latest environmental norms compliant power station of 1,320 MW at the existing location of NTPC, Talcher. The NTPC board on September 10 has approved an investment of Rs 9,785 crores for the project.


"NTPC has obtained land, water, environmental and other statutory clearances. But being a large project it requires project clearance by High-Level Committee (HLC) of the State Government. Unfortunately, NTPC is still awaiting approval of the HLC despite applying online for Single Window Clearance on 19 April, 2017," said Pradhan.


The ongoing and proposed investment by NTPC in the state is above Rs 24,000 crores. "Lack of requisite clearances for such big-ticket investments even after a lapse of more than 15 months will dampen the investment climate in Odisha and send a wrong signal to the investor community," said the Minister in a letter to the CM.


He said NTPC's proposed power project is expected to make power available to the people of Odisha at a cheaper rate because of easy availability of coal and use of latest technology.


The proposed project is critical for the life and economy of the area as the existing power generating units at the site are old and might find themselves on the wrong side of stringent environmental norms which would be devastating for the local economy, Pradhan explained.


Odisha Coal NTPC Ltd Petroleum Naveen Patnaik Power ODISHA

Related News

  • Power utilities: eye on key milestones helped investors overcome subdued Q3  Read more
  • CBI refutes news report on botching of probes in coal scam  Read more
  • The rise of the Pet coke: Energy sector facing disruption from an unlikely quarter  Read more
  • Coal workers demand 50% salary hike  Read more
  • India 'strongly committed' to TAPI gas pipeline project: M J Akbar  Read more
  • Power Ministry will move Cabinet to cap gas price at $5/mBtu  Read more
  • NTPC to train power discom officials to make IPDS more effective  Read more
  • NTPC wants more coal as stocks hit critical levels  Read more
  • Coal India's supply to power utilities dips 6.8% in April  Read more
  • Rising imports, coal shortage are key challenges for the aluminium sector  Read more