NTPC Ltd has drawn up plans to set up a 4,000-MW ultra mega power project at Pudimadaka near Visakhapatnam wherein it has been allotted 1,200 acres by the Andhra Pradesh Government.
The thermal power project has been in pipeline for the past several years. With both the Central and the State Governments keen to provide necessary support for the project, NTPC has decided to initiate the project which entails an outlay of Rs 20,000 crore.
The project is based on imported coal and requires about 19.8 million tonnes of coal per annum.
After the signing-in ceremony of allotment of land to NTPC in the presence of Union Power Minister Piyush Goyal, AP Chief Minister N Chandrababu Naidu and NTPC Chairman and Managing Director Arup Roy Choudhury, the Union Power Minister said that the project would be completed by 2019.
Solar park
NTPC has also signed up another memorandum of understanding with the Andhra Pradesh Government for setting up of a 1,000-MW solar park in Anantapur district. The project entails an outlay of Rs 7,000 crore.
The State Industries Department has allocated 5,500 acres for the solar park.
The ultra mega power project at Pudimadaka, the first one from NTPC, has to pass through several mandatory processes such as geotechnical and topographical surveys, environment impact assessment and finally secure clearance from the Ministry of Environment and Forests before work on the project begins.