In a move aimed at meeting its growing electrical energy requirement, the Railway Minister has proposed the setting up a 700-MW gas-based power plant at Thakurli in Maharashtra.

The proposal, subject to fuel being made available at economic cost, is in line with similar moves earlier by the Railways to set up captive power projects to meet its energy requirement and, thereby, save on high tariffs being paid to the State electricity boards currently.

Announcing this, Ms Mamata Bannerjee also said in her Budget that a captive thermal power plant of 1,000 MW at Nabinagar in Bihar was at an advanced stage of construction while a second thermal power plant of 1,320 MW capacity at Adra in West Bengal was in the process of being set up.

State-owned power major NTPC Ltd is involved in both the earlier projects, which are being executed by a 26:74 joint venture between the Railways and NTPC-Bhartiya Rail Bijlee Co Ltd.

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