State-owned power giant NTPC on Thursday said its board has approved an investment of Rs 9,790.87 crore for stage-III of the Sipat Super Thermal Power Project.

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The decision was taken at the meeting of the board of directors of the company, NTPC said in a regulatory filing.

"The Board of Directors of the Company, in its meeting held on 19th September 2024, has accorded investment approval for Sipat Super Thermal Power Project, Stage-III (1x800 MW) at an appraised current estimated cost of INR 9,790.87 crore," as per the BSE filing.