Thermal Powertech Corporation India (TPCIL) today said it has successfully commenced full commercial operations of the 1,320-MW Krishnapatnam power plant following completion of its second 660-MW unit.
TPCIL is a joint venture between Gayatri Energy Ventures, a wholly-owned subsidiary of Gayatri Projects, and the Singapore-based Sembcorp Utilities.
"Power being generated from 660-MW Phase II is also largely sold out to existing customers, and longer term arrangements are in the process of being firmed up," the company said in a press release.
According to the statement, the first phase of the about USD 1.5 billion coal-fired power plant, commissioned earlier this year, generated more than 800 million units during the quarter ended June 30.
Phase-I of the project is operating at around 90-100 per cent plant load factor levels since May 2015. It is already supplying power to Andhra Pradesh and Telangana discoms under a long-term power purchase agreement.
"We are pleased to announce the successful commissioning of the second phase, which marks the completion of our maiden power project," Gayatri Projects MD T V Sandeep Kumar Reddy said in the statement.
