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NTPC plants in Nigeria, Sri Lanka likely

The country’s largest power utility National Thermal Power Corporation Ltd (NTPC), is likely to set up power plants in Nigeria and Sri Lanka, according to its CMD RS Sharma. He said, “A proposal is being pursued with the government of Nigeria for the setting up of coal and gas based power plants there and for the sourcing of gas for NTPC’s plants in India.”
Elaborating further on the company’s future plans Sharma revealed that NTPC was setting up two 250 Mw coal based power plants in the Trincomalee region of Sri Lanka while a joint venture with the Ceylon Electricity Company was also close to finalisation. NTPC is exploring possibility of setting up new coal power project, taking up R&M of old stations and also sourcing of field in Kazakistan, he added.
It is also pursuing coal blocks amongst NTPC, RNRL, SAIL, NMDC and CIL for sourcing coking coal and thermal coal from abroad for which International Coal Venture Pvt Ltd was incorporated on May 20 this year. Sharma stated that the Joint Venture would actively explore various opportunities in Australia, Mozambique, Indonesia and Canada.

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Sept 2020
01 Sep 2020