NTPC Tapovan project estimated to suffer massive losses
POWER & RENEWABLE ENERGY

NTPC Tapovan project estimated to suffer massive losses

The National Power Thermal Corporation Ltd (NTPC) has suffered an estimated loss of Rs 1,500 crore at its  Tapovan-Vishnugad hydel project after suffering heavy damage from the Uttarakhand glacier burst, and its commissioning, which was scheduled in 2023, is expected to be delayed, said Union Power Minister RK Singh.

The minister visited Tapovan to assess the extent of damage at the project site, a day after the glacier burst in Uttarakhand's Chamoli district.

The minister said that damages caused to the project were estimated at around Rs 1,500 crore, but ruled out any chances of the project being scrapped. The overall cost of the project is Rs 13,500 crore.

Lakhs of tonnes of silt is deposited at the project site, and the time it will take to desilt it has put a question mark on the project's commissioning in 2023, Singh told media sources.

NTPC stated that 120 workers were on the roster at the NTPC project, while three bodies have been recovered from the site till now. Earlier media reports had indicated that the flash floods had washed away the dam and office, accounting for about 60% of the completed construction work. Estimates of damage at that time, on Sunday, stood at Rs 450 crore. Those reports had suggested that between 60% and 70% of the construction may have been lost.

As we reported yesterday, hundreds of workers have been missing and several have been rescued. A news report said 12 workers were trapped in a tunnel in Tapovan, where NTPC’s project is underway. Miraculously, one of them found that his mobile network was working, and seven hours after being confined in the tunnel Monday evening, the Indo-Tibetan Border Police (ITBP) rescued them. They are under treatment at an ITBP hospital in Joshimath, 25 km away.

A massive, round-the-clock rescue operation is underway. However, differing numbers have been emerging about the number of workers that could be trapped in the 12 ft high, 15 ft wide, 2.5 km long tunnel, which has offshoot tunnels within. Officials told media sources that they estimated that 34 were trapped in the main tunnel, while five could be in the offshoots. Latest figures indicate that at least 18 people have died in the tragic accident, which is now suspected to be an avalanche and not a “glacier burst”.

Image: Four hydro projects including NTPC’s 520 MW Tapovan-Vishnugad project are damaged.


Also read: Four hydro projects damaged in Uttarakhand glacier burst

The National Power Thermal Corporation Ltd (NTPC) has suffered an estimated loss of Rs 1,500 crore at its  Tapovan-Vishnugad hydel project after suffering heavy damage from the Uttarakhand glacier burst, and its commissioning, which was scheduled in 2023, is expected to be delayed, said Union Power Minister RK Singh. The minister visited Tapovan to assess the extent of damage at the project site, a day after the glacier burst in Uttarakhand's Chamoli district. The minister said that damages caused to the project were estimated at around Rs 1,500 crore, but ruled out any chances of the project being scrapped. The overall cost of the project is Rs 13,500 crore. Lakhs of tonnes of silt is deposited at the project site, and the time it will take to desilt it has put a question mark on the project's commissioning in 2023, Singh told media sources. NTPC stated that 120 workers were on the roster at the NTPC project, while three bodies have been recovered from the site till now. Earlier media reports had indicated that the flash floods had washed away the dam and office, accounting for about 60% of the completed construction work. Estimates of damage at that time, on Sunday, stood at Rs 450 crore. Those reports had suggested that between 60% and 70% of the construction may have been lost. As we reported yesterday, hundreds of workers have been missing and several have been rescued. A news report said 12 workers were trapped in a tunnel in Tapovan, where NTPC’s project is underway. Miraculously, one of them found that his mobile network was working, and seven hours after being confined in the tunnel Monday evening, the Indo-Tibetan Border Police (ITBP) rescued them. They are under treatment at an ITBP hospital in Joshimath, 25 km away. A massive, round-the-clock rescue operation is underway. However, differing numbers have been emerging about the number of workers that could be trapped in the 12 ft high, 15 ft wide, 2.5 km long tunnel, which has offshoot tunnels within. Officials told media sources that they estimated that 34 were trapped in the main tunnel, while five could be in the offshoots. Latest figures indicate that at least 18 people have died in the tragic accident, which is now suspected to be an avalanche and not a “glacier burst”.Image: Four hydro projects including NTPC’s 520 MW Tapovan-Vishnugad project are damaged.Also read: Four hydro projects damaged in Uttarakhand glacier burst

Next Story
Infrastructure Energy

TKIL, KIS Partner to Boost Biogas in Clean Energy Push

In a strategic move to diversify its operations and support India’s clean energy goals, TKIL Industries (formerly thyssenkrupp Industries India) has entered the bio-chemicals sector through a new partnership with KIS Group, a global leader in sustainable biofuel technologies. The collaboration focuses on boosting Compressed Biogas (CBG) production using advanced technology and localized biomass resources. This association marks a significant step for TKIL Industries as it expands into the renewable energy space. By leveraging KIS Group’s expertise and proprietary technologies, the company..

Next Story
Real Estate

Noida & Jewar Set for Sharp Rise in Property Costs

Noida and Jewar may oversee significant price hikes for properties. This is due to a recent proposal from Gautam Buddha Nagar which outlines plans to increase circle rates, the minimum price at which a real estate property can be sold to a buyer as determined by the government, in both cities. This increase in circle rates would lead to an increase in the stamp duties a homebuyer would have to pay. Under the proposal, high-rise apartments in Noida may see a 20 per cent increase, while Greater Noida is set for a 30 per cent hike. The most substantial rise is expected in agricultural land pric..

Next Story
Infrastructure Urban

KPIL Bags Rs 6.21 Bn Orders Across Railways and Infra

Kalpataru Projects International Limited (KPIL) has announced the acquisition of new orders worth approximately Rs 6.21 billion across its Buildings & Factories (B&F) and Railway businesses in India. This development comes as a significant addition to the company's growing list of orders, underlining its strong presence in India’s infrastructure sector. Speaking on the milestone, Manish Mohnot, Managing Director & CEO of KPIL, expressed optimism about the company’s continued momentum. “We are delighted with the order wins in our B&F and Railways business. These wins will help us further..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?