NTPC to spend ₹16,500 cr on renovation, modernisation

NTPC has authorised investments of Rs 16,547.71 crore in FY22 for its 20 coal and gas fired stations, including funds for flexible operations required by the extensive integration of renewable energy sources.

As of March 31, 2022, the power generation behemoth had spent ₹9,050.03 crore on various R&M initiatives, the company said in its annual report for FY22.

“Investment approval accorded till date for R&M of 20 stations (coal and gas based) is ₹16,547.71 crore. As against this, the cumulative expenditure till March 31, 2022 is ₹9,050.03 crore which includes R&M capital expenditure of ₹478.25 crore during financial year 2021-22,” the CPSU said.

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