Our Bureau

Hyderabad, Dec. 3

Srinivasam Power Ltd has approached the Andhra Pradesh Government with a proposal to set up two power projects — one coal and another gas-based.

The first one, a 1320 MW (2x660 MW) coal-fired plant based on supercritical technology, has been proposed at Pentakota village near Tuni in east Godavari district, and the second is a 300 MW combined-cycle gas-based plant at Bhuvanagiri and Anatharam villages in the backward district of Nalgonda.

The promoters represented by Srinivasam Power have sent a proposal to the Chief Minister, Mr Nallari Kiran Kumar Reddy, seeking Government support and allotment of land.

The Rs 6,800-crore project will be based on imported coal. The company sought 1,000 acres for the thermal plant. The company said all the preliminary works had been completed and the allotment of land would enable the company to take up the project.

The company also proposes to set up a jetty for coal shipment and sought the State's support in evacuation of power.

The gas project entails an investment of Rs 1,000 crore. The company requested the Chief Minister to consider the proposal for incentives offered under the industrial policy.

(This article was published in the Business Line print edition dated December 4, 2010)
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