NTPC Limited: Cost Estimate Revised for North Karanpura Project

NTPC Limited has announced a revision in the cost estimate for the North Karanpura Super Thermal Power Project (3×660 MW). The revised cost estimate is now ₹21,495.25 crore. This adjustment follows an earlier disclosure on March 14, 2014, regarding investment approval for the project. The company has provided this update to stakeholders to ensure transparency and inform them of the project’s current financial status.

North Karanpura Project Update

NTPC Limited has updated the cost estimate for its North Karanpura Super Thermal Power Project, which includes three units of 660 MW each. The revised cost is now estimated to be ₹21,495.25 crore.

Background and Impact

The adjustment in the cost estimate is related to the investment approval process initiated with the disclosure on March 14, 2014. NTPC aims to keep all stakeholders informed about important developments in its key projects. This project is a substantial component of NTPC’s overall power generation capacity and is expected to contribute significantly to meeting India’s energy demands upon completion.

Source: BSE

InvestyWise News
InvestyWise News
Covers market-moving news with speed and precision, delivering sharp insights to help readers stay ahead in the fast-paced world of stocks.

Latest articles

Related articles

Leave a reply

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!