The project to have super critical turbines with state-of-the-art technology
The 4000 MW mega coal-fired power plant proposed by power major NTPC at Pudimadaka near Anakapalle will get clearances on a fast-track mode.
The project will have super critical turbines with state-of-the-art technology.
Once the units under the project go on stream, Visakhapatnam is set to get a prominent place in the map of NTPC as the district already has Simhadri Super Thermal Power Plant at Parawada.
Simhadri, which generated 1000 MW as part of its first phase project, is now in advance stage of completing its second phase to double its capacity.
Unlike the first phase, from which Andhra Pradesh gets total power generated, from the second phase, AP is expected to get 30 per cent.
The draft power purchase agreement to buy 50 per cent of power produced at Pudimadaka will be bought by the State Government at a tariff to be finalised by the Central Electricity Regulatory Authority.
The file to buy power from Pudimadaka project was cleared by Chief Minister N. Kiran Kumar Reddy recently at a meeting with the senior officials of the Navratna company.
Sources told The Hindu that the Chief Minister's Office has directed the district administration to give all clearances to NTPC on a fast-track.
In all likelihood, a source in NTPC Hyderabad indicated 2,000 acres of site earlier earmarked for HPCL will be transferred to NTPC.
For the new project, the expected investment will be around Rs.24,000 crores at the rate of Rs.6 crores per megawatt.
The coal linkage will be signed with Coal India Ltd along with some other companies and part of the requirement will be imported. At present, Simhadri has 10 per cent blending with imported coal.
Detailed Feasibility Report will be prepared with a reputed consultant after favourable finding in the pre-feasibility study.
North coastal Andhra is turning into a major hub for power plants with Nuclear Power Corporation of India Ltd, East Coast Energy Ltd and several other companies planning to establish super critical power plants all along the coastal belt.