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BHEL, TS Genco ink pact to set up 4,000 MW UMPP at Damarcharla

02 Jun 2015 Evaluate

Bharat Heavy Electricals (BHEL) and Telangana State Power Generation Corporation (TS Genco) have signed Memorandum of Understanding (MoU) to set up a 4,000 MW ultra mega power project (UMPP) at Damarcharla in Nalgonda district of Telangana. This MoU is part of the BHEL and TS Genco plan to set up 6000 MW thermal power stations in the State.

The Yadagiri thermal power station is expected to have five units of 800 MW with the total cost of implementation pegged at Rs 17,950 crore considered to be amongst lowest such project costs in the country now. Of the 4000 MW project, two units are planned to be set up within three years.

The total project cost of setting up of 6000 MW with the BHEL works out to Rs 27,360 crore plus the interest cost of Rs. 12,633 crore over the next three years taking the total capital cost to Rs 40,000 crore.

Peers
Company Name CMP
Bharat Heavy Elect. 430.50
Thermax 3136.90
Kirloskar Industries 3460.65
Skipper 516.65
INDO-MIM 1248.90
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