State power producer NTPC said the second unit of its Solapur Super Thermal Power Station will get commissioned on Saturday, thereby adding over 1 gw of generation capacity to the grid in the last one month.
The second unit of this power station of 660 mega watt (mw) was under construction for the last few years.
On Wednesday, India's largest power producer announced that "Unit 2 of 660 mw of Solapur Super Thermal Power Station (2 X 660 MW) will be declared on commercial operation w.e.f 00:00 Hrs of 30.03.2019."
On having commissioned the second unit, the commercial capacity of Solapur Super Thermal Power Station would be 1,320 mw, as the first unit of 660 mw is already operational.
Likewise, NTPC's power generation capacity would also go up to 45,725 mw and NTPC Group's capacity will touch 52,866 mw.
Earlier this week, the third unit of Bongaigaon Thermal Power Project (in Assam) of 250 mw had also commenced the commercial operation. Thus, taking the total generation capacity at this power project to 750 mw.
On February 20, another 250 mw capacity was added through Nabinagar Thermal Power Project's (in Bihar) Unit 4. The power plant is NTPC's subsidiary – Bhartiya Rail Bijlee Company Ltd.
Taking into consideration the three capacity additions, NTPC has added 1,160 mw or 1.16 gw of power generation capacity in the past one month.
On Wednesday, NTPC had announced that it raised $$450 million or nearly Rs 3,105 crore, through a five-year bond offering in the international markets.
A day before, the company had launched a $6 billion, or around Rs 41,400 crore, issue under the Medium-Term Notes (MTN) programme.
As per the plans, NTPC intends to utilise the proceeds of this issue to fund its ongoing and new power projects, coal mining projects, acquisition of power plants and renovation and modernisation of power stations in India.