CHENNAI: Inauguration of the work on the 1000-megawatt (MW) power plant at Vallur near here on Wednesday marked the commencement of a number of power projects aimed at generating 4,500 MW in the next four-five years.
Mooted five years ago, the Vallur project is being executed by the NTPC Tamil Nadu Energy Company (NTECL), a special purpose vehicle floated by the NTPC and the Tamil Nadu Electricity Board.
Estimated to cost Rs. 5,400 crore, the project will benefit Karnataka, Kerala and Puducherry, apart from supplying 750 MW to Tamil Nadu. It is planned to commission two units of 500 MW each at Vallur during the financial year of 2010-2011.
Laying the foundation stone, Union Power Minister Sushilkumar Shinde said the capacity of the project would be increased by 500 MW.
Another joint venture project is a 1000-MW plant at Tuticorin, which recently received environmental clearance. Mooted by the Neyveli Lignite Corporation and TNEB, work on the project is likely to begin by next March, according to an official source.
In addition, one more 1000-MW plant is to come up at Tuticorin. public hearing is scheduled to be held later this month as part of the process of securing environmental clearance.