Udupi Power Corporation Limited (UPCL), a subsidiary of Lanco Infratech Ltd, has commenced commercial operation of its second unit of 600 Mw in Udupi district of Karnataka. The company had synchronised the second unit a month ago with the grid and was waiting for the completion of 400 Kv transmission line between Nandikur and Hassan.
According to Panduranga Rao, director and CEO, UPCL, the power project was completed about one-and-a-half years ago and there was no evacuation of power due to the absence of 400 Kv transmission line.
UPCL has set up a 1,200 Mw (600x2) thermal power project at Nandikur in Udupi district at a cost of Rs 5,800 crore. About 76 percent of the project cost is debt borrowed from a consortium of bankers and financial institutions led by Power Finance Corporation (PFC).
The 180-km long transmission line set up at a cost of Rs 560 crore was dedicated to the nation on September 12. At presently, both the units of the project are in operation and an average of 1,100 Mw of power is supplied to Karnataka Power Transmission Corporation Limited (KPTCL) grid at Hassan.
