Farakka Power Project Exit Plan
Sector: Power Generation (CCGT) • Location: Farakka, West Bengal, India
Source: Whalesbook
Mitsubishi Power India plans to exit the Farakka power project due to policy changes and financial difficulties. The company has offered a settlement of ₹720 crore to NTPC, which is demanding over ₹1200 crore for the incomplete project. The dispute arises from changes in government rules regarding FGD system installation, affecting the business outlook and causing delays in the project.
- Status
- Prospective
- Sector
- Power Generation (CCGT), Government
- Location
- Farakka, West Bengal, India
- Updated
- 22 Jul 2026
- Source
- Whalesbook
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Project Information
Participants
| Not available for this record. |
Status
Original status | dispute/negotiation |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Mitsubishi Power India plans to exit the Farakka power project due to policy changes and financial difficulties. The company has offered a settlement of ₹720 crore to NTPC, which is demanding over ₹1200 crore for the incomplete project. The dispute arises from changes in government rules regarding FGD system installation, affecting the business outlook and causing delays in the project. |
Original sector | Energy |
Budget |
Location
Country | India |
State | West Bengal |
City | Farakka |
Source
Source | Whalesbook |
URL |
More Details
Record type | Project |
Sector | Power Generation (CCGT), Government |
Article published date | 2026-05-02 |
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