Power producer NTPC has received the approval of its board of directors to start Stage-II of Lara Super Thermal Power Project (STPP) in Chhattisgarh’s Raigarh district.
The move would expand the power project’s capacity to 3,200 megawatt (Mw) from 1,600 Mw now.
In a regulatory filing on Wednesday, NTPC said the current estimate of the investment approval was ~15,529.99 crore as the company would not need fresh land purchase and acquisition.
The Lara station has an installed capacity of 4,000 Mw with five units of 800 Mw each. Similar to the Stage-I of the project, Stage-II will have 1,600 Mw capacity.
