Yet another NTPC power project in Andhra Pradesh
 

Hyderabad|India|January'2011: Andhra Pradesh will have yet another NTPC Power Project at Visakhapatnam generating 4,000 MW. The Chief Minister N Kiran Kumar Reddy signed the file and cleared the State Government's concurrence for purchasing and availing 50% of the power generated (2,000 MW) at the tariff to be decided by the Central Electricity Regulatory Authority (CERC) from the proposed 4,000 MW Power Project to be set up at a cost of Rs.23,000 crores approximately by the National Thermal Power Corporation (NTPC) at Pudimadaka, Anakapally Mandal, Visakhapatnam District.

This new NTPC Power Project will help to a great extent the ever growing demand for power in the State due to rapid industrialisation and extensive agricultural operations. It may be recalled here that during the month of November, 2010, Government of Andhra Pradesh has conveyed it willingness for implementation of 4,000 MW Project in Visakhapatnam district by NTPC subject to the condition that at least 50% of the power produced from the Project shall for all times be allocated to the State of Andhra Pradesh.

Further, the Government of Andhra Pradesh will facilitate necessary clearances required for the project and provide the requisite land and water etc. In response, during the month of December, 2010, NTPC sent a draft Power Purchase agreement to be entered between NTPC and APDISCOMs accordingly.

Principal Secretary(Energy) Suthirtha Bhattacharya informed that the Power purchase agreements between NTPC and APDISCOMs will be done shortly.

The Chief Minister expressed happiness that this is another critical step taken by the State Government to promote the power generation which will help State to have access to power matching to the ever increasing needs in the State. Mr Kiran Kumar Reddy also asked the APGENCO to complete its projects on schedule so that power supply in the State could be improved to a large extent. APGENCO's power generation in the next 5 years would be more than the capacity added during the last 5 decades.