-2.90 (-0.83%) State-owned power producer NTPC has received approval from Ministry of Environment and Forests (MoEF) for its 2,400-Mw (3x800 MW), Stage-I Kudgi Super Thermal Power Project being set up in Bijapur district of adjoining Karnataka. Now, the company will soon start work at the plant site.
Kudgi is the first plant to be set up in Karnataka by NTPC and will have a total installed capacity of 4,000 MW over two phases. The first phase envisages the establishment of 2,400 MW of generation capacity at the plant. The power generated from this project would be supplied to Karnataka, Tamil Nadu, Andhra Pradesh and Puducherry.
Earlier, the company’s board cleared the investment proposal of Rs 15,166.19 crore for setting up the project.