NHPC to invest Rs 28K cr to double capacity by '12

The country's largest hydel power company NHPC will double the power generation to become a 10,000 mw-plus corporation by 2011-12 envisaging an investment of Rs 28,000 crore.

"We currently have a capacity of 4,700 mw with work on 13 projects going on in full swing. We shall be commissioning all the projects without time and cost overruns. This is all being done with internal accruals, debt funding and public offering in the near future," NHPC CMD S K Garg said.

Gard said government support was discontinued since last year and all projects (ongoing and in the future) would be funded largely from the internal accruals and debt financing.

On the status of India's largest hydel power project of 2,000 mw (Subansiri lower) in Arunachal Pradesh, he said work on dam's construction will start by December, while power house work was already on.

"As committed, we shall commission this project in 2011-12, while rest of the 12 projects in next three years," he said, adding two projects totalling 1030 mw have already been commissioned in the first year of 11th Five Year Plan.