BS reported that National Thermal Power Corporation Limited will be setting up a 4,000 MW power project at Pudimadaka in Anakapally mandal of Visakhapatnam district at an approximate cost of INR 23,000 crore.
In November 2010, the state government had conveyed its willingness for the implementation of the 4,000 MW project by NTPC, subject to the condition that at least 50% of the power produced from the project will, for all times, be allocated to the state.
Further, the state government said it would facilitate necessary clearances required for the project and provide the requisite land and water. In response, NTPC, in December 2010, sent a draft power purchase agreements to be entered between NTPC and the AP discoms. Mr Suthirtha Bhattacharya principal secretary energy stated in a press that “The PPAs between NTPC and the discoms will be done shortly.”
The chief minister said that “This is another critical step taken by the state government to promote power generation, which will help have access to power, matching to the ever-increasing needs in the state.”
Mr Reddy also directed the APGenco to complete its projects on schedule so that power supply in the state could be improved to a large extent.
(Sourced from BS)
