NTPC chairman Arup Roychoudhury said that it was planning to add one more unit of 660 mw capacity to the existing project given the enthusiam seen from farmers to sell their land.
The country's largest power producer, NTPC Ltd remained optimistic of the super critical 1320 MW Katwa thermal plant in West Bengal.
NTPC chairman Arup Roychoudhury said that it was planning to add one more unit of 660 mw capacity to the existing project given the enthusiam seen from farmers to sell their land.
"Katwa thermal power plant of 1320 mw (660MWx2) is a reality as we already have 550 acres land already in our possession and is fenced. We may put one more additional unit of 660 mw, if we get the additional land we are looking," one the sidelines of The Bengal Chamber organised enviornment and energy conclave.
"On September 3, the tender for EPC contract for the project will be opened where 4-5 bidders like BHEL , L&T and others have expressed interest," he said.
NTPC was aiming for another 300 acres of land of which some 200 acres of land would be acquired directly from the farmers and rest 100 acres was expected to come from state government.
"Farmers are very keen to sell their land given the price we will offer," the NTPC chief said.
Also read: NTPC sees strong growth avenues with 24x7 power supply plan
NTPC officials said farmers were keener to sell their land as the offer price which will be around Rs 16.5 lakh per acre against current ruling price of Rs 3 lakh per acre was extremely lucrative for them.
Roychoudhury said the state government will have give a formal approval of the land price for acquisition and resolve some formalities in case of coal block linkage it had offered for the project.
Meanwhile, a BCCI-organised two day enviornment and engery conclave was inaugurated by West Bengal power minister Manish Gupta attended among others by KPMG India CEO Richard Rekhy, Philips India VC and MD A Krishnakumar, TIL MD Sumit Mazumder and British deputy High Commissioner S Furssedonn-Wood.
NTPC stock price
On August 22, 2014, NTPC closed at Rs 137.70, down Rs 1.65, or 1.18 percent. The 52-week high of the share was Rs 168.80 and the 52-week low was Rs 110.90.
The company's trailing 12-month (TTM) EPS was at Rs 12.91 per share as per the quarter ended June 2014. The stock's price-to-earnings (P/E) ratio was 10.67. The latest book value of the company is Rs 104.08 per share. At current value, the price-to-book value of the company is 1.32.
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