New Delhi: Country's largest power generator, NTPC, on Monday said its installed capacity has increased to 35,354 MW with the commissioning of a 500 MW unit thermal project in Haryana.

The state-run major is aiming a generation capacity of more than 1,28,000 MW by 2032.

"Total capacity of NTPC group has risen to 35,354 MW with the commissioning of Unit-II of 500 MW of Indira Gandhi Super Thermal Power Project at Jhajjar (Haryana)," the company said.

The Unit-II was commissioned on November 5. Prior to this, NTPC's installed capacity stood at 34,854 MW. The project is a joint venture between NTPC and the governments of Haryana and Delhi.

"NTPC is currently working on many new projects for rapid capacity addition and plans to become 1,28,000 MW plus company by 2032," CMD NTPC Arup Roy Choudhury said while addressing the company's employees at a meeting here on Monday.

It is currently working on projects with a cumulative capacity of 40,000 MW. Of this, projects to add 14,000 MW are in various stages of implementation.

NTPC plants generated 220.54 Billion Units (BUs) of electricity during 2010-11, contributing more than 27 percent of total electricity generated in India with about 18 percent share of country’s total installed capacity, an official statement said.

The company is also inviting suggestions from its employees for improving its management practices.

"NTPC looks forward to the suggestions of employees for incorporating better policies and systems of the company," Choudhury said.

The company recently tied up a syndicated loan worth Rs 2,341 crore from a consortium of Indian banks for its 390-MW Muzaffarpur thermal power project in Bihar.

NTPC Kanti Bijlee Utpadan Nigam Limited, a subsidiary of NTPC Limited, has achieved financial closure on its Muzaffarpur thermal power project that consists of two units of 195 MW each.

The company has mobilised loans worth Rs 10,000 crore from State Bank of India this fiscal (2011-12). It has also secured a USD 300 million loan from Bank of Tokyo-Mitsubishi UFJ Ltd, Singapore.

Agencies