Madhucon Projects has initiated trial runs at unit one (150 MW) in the first phase of its Simhapuri thermal power plant project. The company is developing this 1920-MW project, located in Nellore district of Andhra Pradesh, in three phases. The first two phases' capacity is 300 MW each and the third, 1,320 MW.
The coal plant's phase one is generating about 50 MW now and gradually, this will be scaled up to 150 MW. The second unit will also be ready for synchronization by month-end. The company also plans to expedite implementation of the second phase of 300 MW unit. Majority of work on the second phase have been completed simultaneously.
This coastal area project relies on imported coal. Madhucon Projects has made arrangements for coal from the Indonesia-based PTC. The plant has 60 days worth of fuel stock. While initial arrangement is through the contracted purchase, down the line, company expects to procure coal from its mines in Indonesia.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4094.95 |
| Rail Vikas Nigam | 303.10 |
| NCC | 161.30 |
| KEC International | 580.10 |
| Kalpataru Projects | 1232.90 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: