NTPC has inked an initial agreement with Geological Survey of India to set up a geo-thermal power plant at Tattapani in Surguja district of Chhattisgarh.
An agreement has been signed to prepare a Detailed Project Report (DPR) for the project. Geo-thermal power projects use heat from rocks and fluids in the earth's crust to generate electricity.
The company, in February 2012, had already inked an MoU with the government of Chhattisgarh for the proposed power plant.
At present, NTPC's installed generation capacity is 42,454 MW. The company plans to add about 20,000 MW by 2017. NTPC has about 1,500 MW of hydro power capacity under construction and operates about 4,000 MW of gas-based power plants in the country.
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