"I am delighted that Chief Minister has agreed for giving in principle approval to join UDAY," Goyal told reporters after his meeting with Telangana Chief Minister K Chandrasekhar Rao here.
He further informed that the total debt of Telangana discom is around Rs 12,500 crore and a formal agreement would be signed in the next 15-20 days so that a part of the loan can be transferred to state books.
Goyal said that the tendering process of the project is done and it is expected that the 1600 MW would be completed by 2020.
The Centre has also given the go ahead for setting up three more units of 800 MW totalling 2400 MW at Ramagundam, he said.
He assured that the project with total capacity of 4,000 MW will be implemented by 2021. The Chief Minister has also agreed to provide 600 acres of land for the project.
Goyal has also urged the Chief Minister to have more solar parks in the state in addition to 2,500 MW planned capacity.
"Telangana wants to add new thermal power capacity of 5,880 MW in next 3-4 years. They have asked for coal linkage. We are working on finalising new coal linkage policy for power plants. The new policy will be decided by the Cabinet," he said.
The coal block was allocated to Telangana State Power Generation Corporation. Now the company will get fuel supplies and generate power.
