NTPC opposes Finance Ministry proposal on Hirma project

  • 25/12/2000

  • Business Line (New Delhi)

The National Thermal Power Corporation (NTPC) has opposed the Finance Ministry's three-pronged proposal for pushing the mega power projects. The proposal featured co-promoting the Reliance-SEAP-promoted 3,960-MW Hirma porject in Orissa, selling power from the project to the States and also buying out the plant in the event of termination of the project.