Don’t miss the latest developments in business and finance.

TANGEDCO gets green panel nod for Rs 12,664-cr power plant

Image
Press Trust of India New Delhi
Last Updated : Feb 16 2016 | 7:14 PM IST
The Centre's green panel has given clearance to Tamil Nadu Generation and Distribution Corporation (TANGEDCO) for setting up of a 2x800 MW thermal power plant in Ramanathapuram district, entailing an investment of Rs 12,664 crore.
An Expert Appraisal Committee (EAC) under Union Environment Ministry discussed TANGEDCO's proposal in its recent meeting and recommended grant of coastal regulation zone (CRZ) clearance subject to some conditions, sources said.
The ministry will soon take a final view on the proposal.
As per the proposal, TANGEDCO will establish a 2x800 MW capacity of imported coal based thermal power plant with super critical technology at Uppur, Valamavoor and Thiruppalaikudi villages in Ramanathapuram district.
The company has proposed to use sea water for the water requirement of the power plant. For fuel requirement, TANGEDCO has entered into a pact with state-owned MMTC for supply of 5.02 million tonnes per annum of imported coal.
It proposes to transport coal from Tuticorin Port Trust to the project site through the existing railway line and then take off to the power plant. This work will be done by Railways.
TANGEDCO has earmarked Rs 38 crore for corporate social responsibility (CSR) activities.

More From This Section

First Published: Feb 16 2016 | 7:14 PM IST

Next Story