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Madhucon Projects’ arm to set up 1920 MW coal based power project

12 Dec 2011 Evaluate

Madhucon Projects’ subsidiary Madhucon Infra is coming up with 1920 MW coal based power project near Nellore. The construction of Phase - I of 300 MW thermal power plant is completed in all respect. Simhapuri Energy has received the start up power from PGCL and SRLDC and the boiler light up process has commenced.

The company is now going for synchronization of phase I of 300 MW. By August 2012 phase II will be commissioned. Simhapuri Energy has also applied for the clearances of phase III of 1320 MW. The company aims to start the commissioning activities of phase III by 3rd or 4th quarter of 2012.

Madhucon Projects, a premier infrastructure development company specialized in construction of national highways, BOT toll roads, dams, canals, aqueducts, workshops, power projects, coal mines and residential cum commercial ventures, has works on hand to the extent of Rs 5,200 crore.

Madhucon Projects Share Price

5.19 -0.15 (-2.81%)
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