ORDER

This petition has been filed by the petitioner, NTPC, for approval of generation tariff of Farakka Super Thermal Power Station, Stage-III (1x500 MW) (hereinafter referred to as “the generating station”) for the period from actual COD (i.e. 4.4.2012) to 31.3.2014 based on the Central Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations, 2009 (hereinafter referred to as “the 2009 Tariff Regulations”).

2. The generating station is an expansion project of NTPC in the existing Farakka Stage-I (600 MW) and Stage-II (1000 MW) located in the State of West Bengal. The investment approval of the project was accorded by NTPC Board at its 291^st meeting held on 30.10.2006 at an estimated project cost of ‘2570.44 crore [(at 2006 price level (2^nd quarter)] pending clearance of the Ministry of Environment & Forests, Govt. of India and the West Bengal Pollution Control Board.

3. The allocation of power from the generating station was notified by the Ministry of Power, Govt. of India on 9.12.2010, wherein a capacity of 425 MW of power has been allocated to the beneficiaries of the Eastern Region and the balance 75 MW capacity of power is to be sold outside the long term