NTPC to invest Rs 1 lakh cr in Arunachal

NEW DELHI, Aug 6 – State-owned NTPC, which is yet to commission its first hydro power project, has chalked out ambitious plans of investing about Rs 1,00,000 crore over a decade for the execution of a 9,750-MW hydro-electric power project in Arunachal Pradesh, reports PTI.

“We are talking to the Arunachal Pradesh government for setting up the 9,750 MW Upper Siang project in the State,” NTPC Chairman and Managing Director Arup Roy Choudhury told reporters during a media interaction.

NTPC was asked to prepare a pre-feasibility report on the 9,750-MW project by the power sector planning body Central Electricity Authority and the company has completed that report. It is currently in the process of preparing a detailed project report for the same.

“We are preparing the detailed project report (DPR) of this project ...There are some issues with the State Government but I cannot disclose those issues right now, we are talking to them,” Choudhury said.

The Rs 1,00,000 crore investment for the project would be spread across a period of 10 years or the construction time of the project. Around Rs 10 crore is incurred for producing 1 MW of hydro power.

Power Minister Sushilkumar Shinde had in the past written to the Arunachal Pradesh government for allowing NTPC to execute this project in the State, sources said.