NTPC signs MoU with Delhi Transco Ltd & Haryana Power Generation Corporation

National Thermal Power Corporation Ltd (NTPC) has announced that the Company has signed a Memorandum of Understanding (MoU) with Delhi Transco Ltd for exploring the possibility of expanding its Badarpur Thermal Power Station (BTPS), New Delhi by adding 2 x 490 MW Units subject to environmental and other clearances.

The Company has also signed a MoU with Haryana Power Generation Corporation Ltd and Indraprastha Power Generation Co. Ltd (A Govt. of NCT of Delhi Undertaking) to establish a 1500 MW Coal Based Power Plant in the State of Haryana, subject to establishment of techno-commercial feasibility and necessary clearances / approvals. The Plant shall be set up by the Company on concept to commissioning basis for the exclusive use of Haryana and Delhi on long-term management contract of at least 25 years on terms to be decided.

Source : Equity Bulls

Keywords