NTPC’s 3×660 MW North Karanpura Supercritical Thermal Power Project in Chatra district of Jharkhand is likely to cost Rs. 15,164.05 crore. This figure has been arrived at by the Project Sub-Committee of the Board of Directors which has recommended the project to the Board of Directors. If the North Karanpura STPP gets a green signal, the project may fructify in the 13th Five Year Plan.
NTPC had almost shelved the North Karanpura STPP after laying the foundation stone in 2001 due to objections raised by the Ministry of Coal. However, the project was revived in 2006 and in 2013 the government decided to go ahead with the project at the same location. The Committee on Letter of Assurance (CLOA) has recommended issuance of LoA for North Karanpura STPP for a quantity of 7.039 MTPA as against the proposed consumption of 7.37 MTPA coal. NOC from Airport Authority of India, Defence Clearance and Forest Clearance are already in place. Recently the Ministry of Environment and Forests has also issued Environment Clearance for the project.