UP govt approves two thermal power projects worth Rs 18,000 crore in Sonbhadra's Obra

UP govt approves two thermal power projects worth Rs 18,000 crore in Sonbhadra's Obra

Daily Current Affairs   /   UP govt approves two thermal power projects worth Rs 18,000 crore in Sonbhadra's Obra

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Category : State Published on: July 15 2023

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  • The Uttar Pradesh government approved 800 MW ultra-supercritical thermal power projects in Sonbhadra district in partnership with NTPC.
  • Each thermal power project will have a capacity of 800 MW, resulting in an increase in the combined capacity of Uttar Pradesh by 1,600 MW.
  • The "Obra D" thermal power projects will use ultra-supercritical technology, operating at high temperature and pressure, to achieve high efficiency and reduce coal consumption for power generation.
  • The "Obra D" thermal power projects aim at ensuring a stable and reliable power supply to meet the growing demands of industries, businesses and households in the state.
  • The project, with each unit capable of generating 800 MW, will require an investment of Rs 179.27 billion. Both the state government and NTPC will contribute to the project on a 50:50 basis and hold a 30% equity share, while the remaining 70% will come from a loan. The state government's equity is estimated to be around Rs 26.97 billion.
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