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Telangana releases 346 crore for Kothagudem power plant
The Telangana government on Wednesday released Rs 346 crore to BHEL towards the equity contribution of Rs 1,000 crore for establishment of Kothagudem TPS-VII (1x800 MW) power project. Total cost of the project is estimated at Rs 5,548.44 crore. The State government has issued Letter of Intent (LOI) to BHEL to take up the work for Rs 3,810 crore and as such the BHEL has to be paid 10 per cent of contract value (Rs 346 crore) as advance.
Chief Minister K Chandrashekar Rao handed over the cheque to BHEL CMD Prasad Rao at his camp office here on Wednesday. Addressing the review meeting on power, the Chief Minister directed the Telangana Genco to focus on early completion of all power projects in the State
Hyderabad: The Telangana government on Wednesday released Rs 346 crore to BHEL towards the equity contribution of Rs 1,000 crore for establishment of Kothagudem TPS-VII (1x800 MW) power project. Total cost of the project is estimated at Rs 5,548.44 crore. The State government has issued Letter of Intent (LOI) to BHEL to take up the work for Rs 3,810 crore and as such the BHEL has to be paid 10 per cent of contract value (Rs 346 crore) as advance.
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Chief Minister K Chandrashekar Rao handed over the cheque to BHEL CMD Prasad Rao at his camp office here on Wednesday. Addressing the review meeting on power, the Chief Minister directed the Telangana Genco to focus on early completion of all power projects in the State. Besides adding the capacity of 800 MW in Kothagudem project, the BHEL will be working on another 1,080 MW project being constructed at a cost of Rs 4,200 crore.
The Chief Minister directed the officials to maintain total transparency and to ensure early completion of the power projects. He said the timely completion of power projects would make Telangana a ‘power surplus’ State in the next three years. Explaining the details about the plant designs, boilers, turbines and other technicalities, the BHEL CMD sought the government’s assistance in early completion of civil works.
The Chief Minister said efforts were being made for the construction of a thermal power plant of 7600 MW capacity in Nalgonda. Also, efforts are on to construct a power plant in Jaipur of Adilabad district. Ministers K Taraka Rama Rao, Tummala Nageshwara Rao and Jagadish Reddy and TS GENCO CMD Prabhakar Rao were also present at the meeting.
