NTPC Board has approved an investment of Rs 20,456 crore for the third phase of Lara Super Thermal Power Project in Chhattisgarh. This expansion will increase the company’s generation capacity by 1,600 MW, which will help meet the country’s growing power demand.
New Delhi [भारत]July 11 (ANI): The board of directors of state-owned power major NTPC on Saturday approved an investment proposal of Rs 20,456.70 crore for the Lara Super Thermal Power Project, Stage-III (2×800 MW). This will further increase the thermal power generation capacity of the company by 1,600 MW.
Investment of Rs 20,456 crore approved
“We wish to inform that the Board of Directors of NTPC Limited, in its meeting held today, i.e. July 11, 2026, has, inter alia, approved the Investment Proposal for Lara Super Thermal Power Project, Stage-III (2×800 MW) at the Present Estimated Cost of Rs 20,456.70 crore,” the company said in its stock filing.
Lara Super Thermal Power Station is located in Raigarh district of Chhattisgarh. The proposed Stage-III expansion will add two 800 MW units, which will further NTPC’s capacity addition plans to meet India’s growing power demand.
Preparation to meet increasing electricity demand
This investment approval comes at a time when India is witnessing a steady increase in power consumption due to economic growth, rapid urbanisation, increasing industrial activities and increase in demand during the peak summer months.
Despite the rapid expansion of renewable energy capacity, thermal power remains the backbone of the country’s electricity generation, accounting for the majority of total electricity generated.
NTPC, India’s largest power generation company, is also pursuing an aggressive expansion strategy in thermal, renewable and hydropower projects as the country works towards increasing the share of clean energy in its overall power mix while ensuring energy security. (ANI)
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