Monday 5 August 2013

NTPC plans to mop up Rs 1 lakh crore of debt

In a bid to fund its expansion in the current five-year Plan period ending March 2017, NTPC is planning to mop up over Rs 1 lakh crore of debt. The company has already been deployed debt of Rs 11,133 crore during FY13 and debt of Rs 17,074 crore has been tied up and is yet to be drawn as on March 31, 2013.

The state-run utility, which has more than 41,100 MW of installed generation capacity, plans to add more than 14,078 MW during the 12th Plan period. Of this, 4,170 MW of capacity was commissioned in the first year (2012-13). Further, the company is likely to add 1,875 MW, besides 65 MW of solar capacity.

NTPC is the largest power generating company in the country. It has also diversified into hydro power, coal mining, power equipment manufacturing, oil & gas exploration, power trading & distribution.

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