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Mr Anil D. Ambani, Chairman of ADAG, today visited the Samalkot power project site in Andhra Pradesh and reviewed the progress of the Rs 10,000-crore, 2,400-MW expansion project.
According to sources, the project will start generating power by the end of this year and contribute towards meeting the growing requirement of power in the State.
GE contract
The company has entered into contracts worth $750 million including with General Electric for supply of six gas turbines, three steam turbines and long-term services arrangement for the project.
In addition to the supply of equipment, GE has entered into a deal to service the unit for 15 years. The contract with GE is supported by finance from US Exim Bank.
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