GN Bureau | September 2, 2015
TPC is examining whether to acquire the Sarni thermal power station of a state government company, in Madhya Pradesh's Betul district. NTPC sources said 'due-diligence' is on.
According to a report published in Business Standarad, a state government source told the newspaper that “NTPC already has presence in Madhya Pradesh, as they run one of the largest thermal power stations, the Vindhyachal project. It would be better to hand over the Sarni project to them or run it as a joint venture. Much will depend upon their due-diligence. SBI Caps is doing it.”
Located at Sarni town near Ghoradongri railway station in Betul district, it is one of the power plants of Madhya Pradesh Power Generating Company Ltd. It has an installed capacity of 1,392 Mw. The nearby Tawa river reservoir supplies water to the plant; coal comes from the nearby Western Coalfields.
The first unit of 67.5 Mw of the coal-fed Sarni project, also known as the Satpura thermal power project, came into operation in October 1967.
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