State-run electricity giant NTPC Ltd. plans to expand its coal-fired power fleet with a first new project in six years, a policy shift that reflects alarm over the nation’s worsening power crisis.
New Delhi-based NTPC will this month award a contract to construct a 1,320-megawatt plant in Odisha, according to a company official with knowledge of the plans.
The company will also consider awarding contracts for two previously stalled expansion projects at its Lara and Singrauli sites, the official said, requesting anonymity as the plans are still private.
NTPC did not immediately respond to an emailed request for comment Tuesday, which is a public holiday.
