NTPC to take over DVC's Bengal project
NEW DELHI: State-run generation utility NTPC is taking over the Raghunathpur project of DVC, once the powerhouse of the east with a capacity of 5,800 mw which has fallen into hard times and staring at financial dead end due to years of bad management.
Government sources told ToI power ministry has scheduled a meeting of NTPC and DVC managements on the terms and conditions for taking over the project located in Purulia district of Bengal.
The has two phases of development. The first phase has two units of 600 mw each, while the second phase consists of two units of 660 mw. Only one unit of first phase is operational. The second unit is stuck in the absence of infrastructure for water and coal supply.