Karnataka Power to set up thermal plant in ChhattisgarhSeptember 8th, 2008 - 5:08 pm ICT by IANS
Raipur, Sep 8 (IANS) The state-owned Karnataka Power Corp Ltd (KPCL) Monday signed an agreement with the Chhattisgarh government to set up a 1,200 MW thermal plant on an investment of Rs.60-billion in Chhattisgarh.The plant will come up in the state’s northern region, where India’s state-owned coal producer South Eastern Coalfields Ltd has its mines.
The first unit of the plant will be commissioned by October 2012. This is the first project being taken by the KPCL, set up in 1970, outside Karnataka.
Under the pact, the Chhattisgarh government has ensured early allocation of land and coal linkage for KPCL under the state’s industrial policy.
Karnataka Chief Minister B.S. Yeddyurappa, who was present during the signing of the deal between the two Bharatiya Janata Party-ruled states, described the project as “a milestone in inter-state co-operation”.