Saturday, April 23, 2011

Madhucon Projects to develop 1320 MW thermal power plant

Andhra Pradesh based, roads to power player, Madhucon Projects (Nama Nageswara Rao, Chairman & MD) is all set to launch a 1320 MW thermal power plant in Ranchi, Jharkhand. The company has signed an MoU with the Jharkhand government for the Rs 6000 cr project.

The company will need about 1000 acres for the plant and expects clearance for the land in about 6 months. The plant will most likely be executed in 2 phases of 660 MW each and would also receive coal linkage from the Jharkhand government.
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