NTPC Limited (BSE:532555) plans to invest about $5bn to set up two thermal power projects in the Indian state of Odisha.

The super thermal power plants will be completed during India’s 12th Five-Year Plan (2012-2017).

The acquisition of land for the projects is expected to be completed by June this year, after which NTPC will be ready to launch the tendering process for the procurement of equipment and machinery.

The 1600 MW Darlipali project has had annual coal linkages allocated of 7 million tons from Dulunga and 12.5 million tons from the Pakri Barwadih blocks.

NTPC will execute a major expansion project at the Talcher super thermal power plant at Kaniha in the Angul district. The plan is to increase capacity by 1200 MW and complete the work during in 2013.

The Talcher super thermal project has a generation capacity of 3000 MW, and the Talcher thermal plant has an output of about 460 MW.

The new projects and expansion plans will add up to 4500 MW to Odisha’s generation capacity, up from the current 3460 MW.

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