NTPC plans to bid for two UMPPs worth Rs 20,000 crore

State-run NTPC is planning to bid for two ultra mega power projects (UMPPs) worth Rs 20,000 crore each in Odisha and Tamil Nadu. The Power Finance Corporation (PFC) is expected to invite preliminary bids for the two UMPPs. Further, NTPC plans to aggressively bid for coal blocks during the auction.

At present, the company is working on coal blocks in Pakri Barwadih, Chatti-Bariatu, Kerandari, and Chatti-Bariatu (South) in Jharkhand; Tallaipali in Andhra and Dulanga in Odisha with total geological reserves of 3,732 million tonnes (mt) and mineable reserves of 

2,035 million tonnes (mt).

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.