State-run thermal power generating company NTPC has planned a capital expenditure of over Rs 20,000 crore during the current fiscal for its expansion.
“We had a capex of Rs 19,926 crore during the previous financial year (2012-13) and plan to raise it to Rs 20,200 crore this fiscal (2013-14),” Arup Roy Choudhury, Chairman and Managing Director of NTPC, said, while addressing shareholders at the company’s annual general meeting here today.
During the last fiscal, the company added 4,170-MW capacity, including 1,000 MW through its joint venture projects. Its power generation capacity has reached 41,187 MW.
The Government had sold 9.5 per cent of its stake in the public secotr unit last year. Following this disinvestment, the Government shareholding in NTPC now stands at 75 per cent. The offer for sale garnered over Rs 11,400 crore for the government.