State-owned power generating company Karnataka Power Corporation Ltd (KPCL) and Larsen & Toubro today signed a joint venture (JV) agreement for the 1,600 MW (2X800 MW) coal-based thermal power project at Godhna in Chhattisgarh.
"Most of the clearances have been obtained and land acquisition (in Chhattisgarh) is in progress," Chief Minister B S Yeddyurappa said at the signing ceremony, attended by L&T Chairman and Managing Director A M Naik.
KPCL officials said the Chhattisgarh government has allotted 1,260 acres to KPCL for the project.
The Chief Minister said the Karnataka government is not blessed with coal, gas or oil and so the government took initiatives to approach coal-rich Chhattisgarh to put up a super critical (energy efficient and environment friendly) thermal plant there.
Naik said L&T is in discussions with the Karnataka government to participate in various infrastructure projects in the state.
