AP allots 1,200 acres for NTPC's 4,000-Mw plant

The coal-fired super thermal power project entails an investment of around Rs 20,000 crore

BS Reporter Hyderabad
Last Updated : Sep 05 2014 | 10:55 PM IST
The Andhra Pradesh government has allotted 1,200 acres of land near a special economic zone at Pudimaka village in Visakhapatnam district to NTPC Ltd for setting up a coal-based super thermal power station.

The state government issued a GO directing the AP Industrial Infrastructure Corporation (APIIC) to allot the land (denotified area) to the public sector power generator on a long lease basis of 33 years.

The coal-fired 4,000-Mw (5X800-Mw) super thermal power project entails an investment of around Rs 20,000 crore and NTPC had committed to complete the project by March, 2019, making it the biggest single location power plant in the state.

The government release noted NTPC chairman stating the identified land was the most suitable as it was close to the company's existing Simhadri power project and it could take advantage of the existing infra, including railway siding, workforce and housing facility.

“If the project is running successfully, at the end of the lease period, it can be extended further on mutual terms,” the order stated.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 05 2014 | 8:49 PM IST

Next Story