NTPC WILL ACQUIRE RS 5,000 CRORE KSK MAHANADI POWER PROJECT

NTPC, the state-run utility, is set to acquire the troubled KSK Mahanadi power station in Chattisgarh. This power station is one of India's largest single-site greenfield projects, with a proposed capacity of 3,600 MW. This acquisition marks NTPC's second investment in a stressed asset.

While the investment in the project has been estimated at Rs 5,000 crore, the exact acquisition price by NTPC has not been disclosed. The power station is situated in the Janjgir-Champa district of Chhattisgarh.

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