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Our Bureau

New Delhi , April 3

State-owned NTPC Ltd is planning a capital expenditure of Rs 13,000 crore during the current fiscal, the company's new Chairman and Managing Director, Mr T. Sankaralingam, said here today.

"The money will be used for expansion of our existing power projects and also to add few new projects," Mr Sankaralingam told reporters on the sidelines of a power conference.

He said the company plans to expand capacity at its 1,000 MW Vindhyachal Power Project in Madhya Pradesh, the 1,500-MW Kehalgaon in Bihar and the 1,000-MW Sipat Super Thermal Power Project in Chhattisgarh. "If we do our best, we should be able to add 3,700 MW capacity this year," he said.

He said 70 per cent of the capital expenditure will be raised through debt and the remaining will come from the company's cash flow.

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