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Construction and infrastructure major Patel Engineering has received coal linkage for its proposed 1,050 MW (3X 350MW) thermal project at Nagapattinam, Tamil Nadu. The linkages have been approved by the Government under the Eleventh Plan Period and deliveries are expected in 24 months.

 

The coal allotment is the last for the 11th Plan period as the Coal Ministry is now accepting applications for linkage only for the Twelfth Plan period, wherein it is subject to uncertain availability.

 

Land acquisition for the plant is complete and most of the statutory clearances such as environmental, the Tamil Nadu Maritime Board permission for seawater drawl and the Airport Authority of India's no-objection-certificate for stack height had been obtained. The financial closure for the project is expected to happen by the third quarter of 2010-2011.crackcrack

Patel Engineering Share Price

28.49 0.19 (0.67%)
17-Apr-2026 16:59 View Price Chart
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