Singareni to set up 600 MW plant

Singareni Collieries Company Ltd has approved the setting up of a 600 MW coal-fired thermal power plant (Stage II) at Jaipur, in Adilabad district of Telangana. The compan´s 528th meeting was chaired by N Sridhar, Chairman and Managing Director of SCCL; AK Bhalla, Additional Secretary, Ministry of Coal, and others were present. At the meeting, the board approved the detailed project report of the power plant´s expansion. The expansion project entails a capital cost of Rs 3,570 crore. It is planned to build the project with 30 per cent equity by SCCL and 70 per cent debt. The required 220 acres of land and 0.7 tmc of water is available. This proposal has been taken up after approvals by Telangana CM Chandrasekhar Rao, who has visited the project site.