New Delhi [India], July 11 (ANI): State-owned power producer NTPC’s Board of Directors on Saturday approved an investment of Rs. 20,456.70 crore for Stage III of the Lara Super Thermal Power Project, which will add 1,600 megawatts (MW) of generation capacity through two 800 MW units.
“We wish to inform that the Board of Directors of NTPC Limited, in its meeting held today, i.e. July 11, 2026, has, inter alia, approved the investment proposal for Lara Super Thermal Power Project, Stage III (2×800 MW) at the current estimated cost of Rs. 20,456.70 crore,” the company said in a regulatory filing.
The Lara Super Thermal Power Station is located in the Raigarh district of Chhattisgarh. The Stage III expansion is part of NTPC’s broader capacity addition strategy to meet India’s growing electricity demand.
The investment comes as India’s power consumption continues to rise, driven by economic growth, rapid urbanization, expanding industrial activity, and increased electricity demand during peak summer months. Despite the rapid expansion of renewable energy, thermal power continues to account for the majority of the country’s electricity generation.
NTPC, India’s largest power generation company, is pursuing an aggressive expansion strategy across thermal, renewable, and hydropower projects as the country seeks to strengthen energy security while increasing the share of clean energy in its overall power mix. (ANI)
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