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The OPEC Fund
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  2. Korba Thermal Power Project

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Korba Thermal Power Project

India

Borrower India
Financing Type Public Sector
Instrument Project Loan
Focus Area Energy
Approved 23.03.1979
Signed 18.05.1979
Status Completed
Loan Administrator IDA
Executing Agency The National Thermal Power Corporation (NTPC)
Co-financiers IDA, Government
OPEC Fund Contribution (US$m) 20.00
Total Project Cost (US$m) 448.30

The NTPC, a corporation established by the Government of India for the purpose of building and operating power stations, envisages in its program the construction of four thermal power stations to be located near coals fields. The Korba Thermal Power Station constitutes the second station, and will have eventually a total generating capacity of 2,100 MW. The project will provide for the installation of the first three generating units of 200 MW each; it will supply electricity to the western region of India and could operate as a independent unit.

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