Power utility to take up three projects

TIMES NEWS NETWORK[ TUESDAY, JANUARY 06, 2004 02:58:05 AM ]

HYDERABAD : Three new power projects would be taken up during the tenth five-year plan by the Andhra Pradesh Power Generation Corporation Limited (APGenco). The projects will cost about Rs 4,850 crore and would help generate 1,320 mw of power. Addressing a press conference on Monday, Genco chairman and managing director (CMD) J Parthasarathy said works related to the three projects Rayalaseema Thermal Power Project (RTPP), Vijayawada Thermal Power Station (VTPS) and the Jurala Hydro Electric Scheme would be commissioned in the next 36 months.

The CMD said the power finance corporation had assured them of Rs 1,200 crore for immediate execution of the projects. Karnataka and Andhra Pradesh would jointly construct the 240 mw Rs 234-crore Jurala Hydro Electric Scheme, and the first unit would be commissioned in the next 30 months, he said. The Genco chief said stage-II supply & erection works of the Rs 1,600-crore RTPP, comprising 2 units of 210 mw each, have been awarded to Bharat Heavy Electricals Limited. The Rs 2706-crore VTPS stage IV unit, based on super critical technology, has been programmed for synchronisation by March 2007, the Genco chief said.