Country's largest power producer NTPC plans to invest about Rs 3,300 crore to expand capacity of its existing power project at Sipat in Chhattisgarh. The company is exploring possibility to set up a 660-mw power-generating unit at the site, its regional executive director for western region II SN Ganguly told reporters on Thursday.
The proposal, if implemented would increase the generation capacity of the Sipat power station to 3,640-mw. NTPC is undertaking capacity expansion at most of its power stations for optimal utilisation of land.
"Brownfield expansion results in savings in terms of cost and efforts. Land acquisition is one of the biggest challenges we face for setting up power projects," Ganguly said. The 2,980-mw Sipat power project is generating 1,000-mw at present. The project would begin operating at full capacity by March next year. Sipat project would consume two percent less coal than existing plants as it is based on supercritical technology.
NTPC would double capital expenditure in the current fiscal to Rs 26,400 crore. The company incurred Rs 12,818 crore for adding 2,490-mw power generation capacity in the year ended March 2011. The company plans to add 4,320-mw during 2011-12 to its existing capacity of 34,194-mw. It currently has 15 power projects under construction with total 14,748-mw capacity.