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News Brief | February 2015

NTPC mulls buying eight power plants

NTPC has identified seven to eight private power plants as potential acquisition targets. The company will take a final decision on them and make an announcement before 31 March, 2015. NTPC is reportedly in talks with private power companies like L&T and Shapoorji Pallonji Group for taking over their stranded plants. The criteria for selecting the project will be based on the availability of coal linkage, environmental clearance, and land and water available to the plant. It should also possess a PPA (power purchase agreement) in place.
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