Hyderabad, March 2 (IANS) Singapore firm Sembcorp Industries's first power project in India has commenced commercial operation.
The firm on Monday announced completion of the first 660-megawatt unit of the Thermal Powertech Corporation India (TPCIL) plant in Nellore district of Andhra Pradesh.
The 1,320 MW coal-fired power plant in the coastal town of Krishnapatnam comprises two units of 660 MW each, with the second unit expected to begin commercial operation in the third quarter of 2015.
The approximately $1.5 billion power plant utilises supercritical technology, which allows for enhanced efficiency and reduced emissions compared to other conventional coal-fired power plants, the company said in a statement.
With the completion of this first unit, the plant has begun supplying power to the states of Andhra Pradesh and Telangana, helping to meet the increasing power demand in the southern region and supporting its economic growth.
TPCIL has already secured power purchase agreements for 900 MW, or almost 70 percent of the plant's capacity, of which 500 MW will be sold under a 25-year agreement with the Andhra Pradesh and Telangana power distribution companies.
Sembcorp owns a 65 stake in TPCIL through its wholly-owned subsidiary, Sembcorp Utilities, while Gayatri Energy Ventures, a wholly-owned subsidiary of Gayatri Projects, owns the remaining 35 percent.
Anant Ambani, the younger son of the country's richest businessman Mukesh Ambani, is soon going t
For the last few months, something or the other is going on in the politics of Maharashtra. Now i
Delhi Blast Alert: From Metro-Red Fort to markets, what is closed and what is open in Delhi?
On Monday evening, as usual, people were busy with their daily activities around the Red Fort. So
Ukraine Crisis: Ukrainian Army doctors struggling to save lives on the front line
The Russia-Ukraine war has been going on for a long time. Day by day the form of this war is beco
Gold Silver Price Today: Decline seen in bullion market; Silver falls by ₹2600, Gold cheaper by ₹960
Gold and silver prices fell on Tuesday after two sessions of gains. Gold fell by ₹960 to ₹1.5
Petrol Diesel Price: Oil companies have released the prices of petrol and diesel for today. Today
MPC: RBI meeting starts from today, will you get the gift of a cheap loan this time?
The meeting of the Monetary Policy Committee (MPC) chaired by Reserve Bank of India (RBI) Governo
The central government has warned all states about the second wave of Corona. The Center said on
Bollywood actress Alia Bhatt was spotted in Mumbai last night i.e. on February 23, a video relate
With UK inflation rising to 9%, the living crisis facing students studying abroad is growing rapi
