NTPC eyeing stranded private power project.

Country's largest power producer NTPC is planning to acquire a plant with up to 4,000 MW capacity for about Rs. 20,000 crore, said a source.

The company is in talks with two-three firms, including stranded projects of private companies, and they are at advance stages, said the source.

'NTPC is likely to acquire 3,000-4,000 MW power plant. The deal may be announced in two-three months,' he said, adding that it will acquire the project on 70:30 debt equity ratio.

Country's largest thermal power producer NTPC had said in January that it has identified 7-8 private power projects as potential acquisition targets and will take a final call on them before end of FY'15.

HBL