NTPC is expecting to invest around Rs. 21,000 Crore during the current financial year of 2012-13 which is almost two times the actual investment during previous year of 2011-12.
NTPC, which has an installed generation capacity of 37,514 MW, is looking to increase the capacity in the coming years, especially with thermal power projects.
Against the backdrop of acute coal shortages impacting the power sector, NTPC might have reduce capacity addition target for the 12th Five-Year Plan to little more than 50,000 MW from earlier target of 65,000 MW.
Regarding the company's long term strategy in terms of competitive bidding for power projects, Choudhury said that NTPC would always give a bid which is doable.
Meanwhile, NTPC is likely to import about 14 million tonnes coal this financial year. This would be much higher than 12 million tonnes imported in 2011-12.
NTPC posted nearly five per cent increase in consolidated net profit at Rs 9,814.66 crore for the year ended March 2012.
More Literature on this topic:
- http://profit.ndtv.com/News/Article/ntpc-plans-nearly-rs-21-000-cr-investment-this-fiscal-304614
- http://article.wn.com/view/2012/05/18/NTPC_plans_nearly_Rs_21000_cr_investment_this_fiscal/
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