It may have lost a unit, but the things are not taking bad shape for the state-run power company, NTPC. Just two days after the group of ministers scrapped its controversial Loharinag Pala hydro project, there is news that it will be fully compensated for the loss that it faced.

The total capacity of the Pala hydro project was 660 MW and has been betting big on it to make its position stronger in the hydro-power division. Now, the Union Power Minister, Sushil Kumar Shinde has said that he would try his best to get NTPC the full compensation.

Talking to the media, Shinde said that his ministry will be writing to the cabinet in this respect and expects that all the investment of rupees 65 crore that NTPC has made in the plant will be given back to it. But, if the overall investment is looked at then it will be close to rupees 2000 crore.

Finance Minister Pranab Mukherjee along with other ministers had scrapped the project on Friday last week. This happened after the locals protested against it.

Post the declaration, NTPC's shares went up by more than 8 per cent at 13:00 hours.