NTPC - Outcome Of Board Meeting

National Thermal Power Corporation Ltd (NTPC) has informed that the Board of Directors of the Company at its meeting held on March 23, 2007 has accorded investment approval for Simhadri Super Thermal Power Project Stage -II having two units of 500 MW each. This project shall be an expansion of existing Simhadri Super Thermal Power Project having a capacity of 1000 MW, which is presently under commercial operation.