NTPC will set up 4,000 MW power project at Visakhapatnam in Andhra Pradesh at a cost of Rs 230 billion, officials said today. The state Chief Minister N Kiran Kumar Reddy today cleared the State Government`s concurrence for buying 50% of the power generated (2,000 MW) at the plant. The tariff for the power generated from the plant to be located at Pudimadaka, Anakapalli Mandal, Visakhapatnam District will be decided by the Central Electricity Regulatory Commission (CERC), according to a press note. Andhra government had conveyed its willingness for the project in November on the condition that at least 50% of the power produced there shall for all times be allocated to the State which was agreed to by NTPC.Tuesday, January 4, 2011
NTPC to set up 4,000 MW unit in Visakhapatnam district with an estimated cost of Rs 230 billion
NTPC will set up 4,000 MW power project at Visakhapatnam in Andhra Pradesh at a cost of Rs 230 billion, officials said today. The state Chief Minister N Kiran Kumar Reddy today cleared the State Government`s concurrence for buying 50% of the power generated (2,000 MW) at the plant. The tariff for the power generated from the plant to be located at Pudimadaka, Anakapalli Mandal, Visakhapatnam District will be decided by the Central Electricity Regulatory Commission (CERC), according to a press note. Andhra government had conveyed its willingness for the project in November on the condition that at least 50% of the power produced there shall for all times be allocated to the State which was agreed to by NTPC.
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