Adani Power has been awarded a letter of intent (LOI) by the Madhya Pradesh government for the development of a 1,320-Mw power project at Chhindwara in the state, a company statement said.
The project envisages an invest of an estimated Rs 5,280 crore. Generation of 1 Mw thermal power entails an investment of Rs 4 crore.
At present, Adani Power along with its subsidiaries is developing 4,620 Mw project at Mundra in Gujarat, 3,300 Mw Tiroda project in Maharashtra, 1,320 Mw at Kawai in Rajasthan and 2,640 Mw at Dahej in Gujarat.
With the addition of this project, the total power generation capacity of the company would exceed 13,000 Mw from the current 11,880 Mw.