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Gayatri Projects' arm executes power purchase agreement for 1320 MW power plant

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Gayatri Projects' subsidiary TPCIL has executed a power purchase agreement with Andhra Pradesh Power Distribution Companies, wholly-owned by the government of Andhra Pradesh, for supply of 500 MW of competitive power to the central, eastern, southern and northern power distribution companies of Andhra Pradesh for a period of 25 years.

This green field project within the state makes the transmission more convenient and the use of super critical technology is a value addition as this technology enhances efficiency, thereby reducing emission of carbon dioxide and other pollutants, making it more eco-friendly.

As such, the plant, located in Southern India (Krishnapatnam), will play an essential role in helping to mitigate power shortage in the state of Andhra Pradesh when it commences operation.

 

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First Published: Apr 18 2013 | 10:01 AM IST

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