‘Udangudi power project could cause financial stress’

Tangedco urged to go in for good mix of renewable energy and thermal power

December 16, 2021 02:21 am | Updated 10:15 am IST - CHENNAI

The Climate Risk Horizons (CRH) report “White elephants — new coal investments threaten Tamil Nadu’s financial recovery” has highlighted that going ahead with the Udangudi power project could cause “financial stress” for the State government.

The report brings out the State government’s over-dependence on thermal power plants even while being a leader in wind energy generation. The Tamil Nadu Generation and Distribution Corporation (Tangedco) is going ahead with the construction of the Udangudi thermal power plants of 1,320 MW and 1,600 MW at a cost of ₹26,627 crore.