NEW DELHI, Aug 5 � State-owned NTPC, which is yet to commission its first hydro power project, has chalked out ambitious plans of investing about Rs 1,00,000 crore over a decade for the execution of a 9,750-MW hydro-electric power project in Arunachal Pradesh, reports PTI.
�We are talking to the Arunachal Pradesh government for setting up the 9,750 MW Upper Siang project in the State,� NTPC Chairman and Managing Director Arup Roy Choudhury told reporters during a media interaction.
NTPC was asked to prepare a pre-feasibility report on the 9,750-MW project by the power sector planning body Central Electricity Authority and the company has completed that report. It is currently in the process of preparing a detailed project report for the same.
�We are preparing the detailed project report (DPR) of this project ...There are some issues with the State Government but I cannot disclose those issues right now, we are talking to them,� Choudhury said.
The Rs 1,00,000 crore investment for the project would be spread across a period of 10 years or the construction time of the project. Around Rs 10 crore is incurred for producing 1 MW of hydro power.
Power Minister Sushilkumar Shinde had in the past written to the Arunachal Pradesh government for allowing NTPC to execute this project in the State, sources said.