Home / Business and Economy / NTPC Approves ₹20,456 Cr Chhattisgarh Power Project
NTPC Approves ₹20,456 Cr Chhattisgarh Power Project
12 Jul
Summary
- NTPC board approved ₹20,456 crore for a new power project.
- The investment will add 1,600 MW capacity through two units.
- The project is located in Chhattisgarh and named Lara Super Thermal Power.
NTPC Ltd. has approved a substantial investment of ₹20,456.70 crore for the Lara Super Thermal Power Project, Stage-III, located in Chhattisgarh. This strategic financial commitment is earmarked for the development of two new 800 MW units, which will collectively add 1,600 MW to the national power generation capacity. The project details were disclosed in a regulatory filing made on Saturday, July 11, 2026.
Beyond this new capacity, NTPC is actively seeking technology providers to improve the operational flexibility of its existing sub-critical thermal power units. The aim is to enable these units, ranging from 150 MW to 250 MW, to operate more efficiently at lower loads and in multiple shifts. This initiative is crucial for better integrating renewable energy sources into the electricity distribution network, reinforcing grid reliability and supporting India's evolving energy transition goals.
In related financial news, NTPC reported better-than-expected standalone profits for the fourth quarter of FY26. The company announced a net profit of ₹8,747.3 crore for the March quarter, marking a 15% year-on-year increase and significantly exceeding analyst expectations. The company's shares closed at ₹345.05 on Friday, July 10, 2026.
