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Business Economy


Power Minister inaugurates NTPC’s community focused initiatives in Bihar

Power Minister inaugurates NTPC’s community focused initiatives in Bihar

New Delhi, Sep 12 (UNI) Power Minister R K Singh on Saturday inaugurated a host of community focused facilities developed by NTPC in Bihar.
Inaugurating the facilities from Patna, Mr Singh said,'In the past 3-4 years, the Power Ministry has invested Rs 11,000 Crore worth of initiatives for electrification in Bihar, which includes substations, transmission and rural electrification projects that we see today. NTPC has given good dividends for every investment made in terms of nation building.'
In the past five years, cost of coal and railway freight increased by 40 per cent, but due to efficiency displayed by NTPC, they were able to limit power price hike by only 12 per cent, he maintained.
Mr Singh added, 'The organisation has given Rs 257.5 Crore, the highest amongst Power PSUs to PM CARES fund. It has given over Rs 12 Crore to the AIIMS, Patna. NTPC is diversifying its portfolio into other ways of generating power and we have a vision to transform it into a true multinational company."
'NTPC was also given the responsibility for electrification for the rural areas in Odisha, which they completed well before the deadline.'
The construction of these facilities and infrastructure will make the life convenient for the locals, improve access and help save travel time.
Aurangabad MP Sushil Kumar Singh and NTPC CMD Gurdeep Singh were present among others.
The NTPC CMD said the growth of NTPC has played an instrumental role in the development of Bihar.
'Out of its total installed capacity of 62910 MW, NTPC presently has 6150 MW in Bihar. In addition, 3800 MW capacity is in pipeline,' he maintained.
Under CSR Initiative, NTPC Barh has constructed two community buildings for Rs 62 lakhs to support 13,500 villagers in adjoining villages.
With a total installed capacity of 62.9 GW, NTPC Group has 70 Power stations comprising 24 Coal, 7 combined cycle Gas/Liquid Fuel, 1 Hydro, 13 Renewables along with 25 Subsidiary & JV Power Stations.
The group has over 20 GW of capacity under construction, of which 5GW comprises of renewable energy.
UNI RSA PS 1836

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