NTPC takeover of 1,660MW Chhabra power plant extended to September 2017

The deadline for NTPC’s takeover of Rajasthan’s 1,660 MW Chhabra power plant has been extended from May 2017 to September 2017. This was owing to disagreement on tariffs between NTPC and Rajasthan utilities. NTPC has proposed to take up the modernisation of the plant, which would raise tariffs by about 10 paise per unit. In addition, NTPC has asked the state to guarantee a minimum amount of power offtake, whereas Rajasthan utilities have insisted on buying power from the plant as per the merit order list.

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