India’s NTPC Set to Award First Coal Plant Order in Six Years


NTPC Ltd., India’s largest power producer, is going ahead with construction of its first coal-fired plant in about six years, as the global energy crunch spurs demand for the dirtiest fossil fuel.

Bharat Heavy Electricals Ltd. emerged as the lowest bidder to build the 1,320 megawatt project in the eastern state of Odisha, according to people familiar with the matter. NTPC is now discussing whether the state-run engineering firm can accelerate the project time schedule, the people said, asking not to be named as the information is not yet public.