Arup Roy Choudhury, Chairman and Managing Director of NTPC informed media persons that the state-run power producer started disbursing annuity to the project affected people at Pakri Barwadih, Jharkhand.
The company is distributing the annuity to land owners who sold their land for the power firm's Pakri Barwadih project, about 100 km from the state capital Ranchi.
Choudhary also informed that NTPC would give jobs to qualified persons of the locality and the public sector would help train skilled hands.
The public sector proposed to start coal mining in the site at the earliest. Choudhury said he would meet the state government officials and keep some demands put by the locals in addition to the NTPC's Land Compensation and Annuity under its Rehabilitation and Resettlement Programme.
NTPC agreed to whatever the state asked with regard to the R&R and it informed that the R&R programme was approved by Jharkhand government.
But one should understand, he said, adding that if the state gave more for the NTPC project then it has to agree for other projects as well.
Secondly, fifty per cent of the electricity has to be purchased by the state. The more increase in cost the more electricity rate, he said, adding that it would affect the consumers tariff-wise. Among several benefits under its R&R, the NTPC is giving Rs 15 lakh per acre to the project affected people.