Chennai: State-run power equipment maker Bharat Heavy Electricals Ltd. (BHEL) and the Tamil Nadu Electricity Board (TNEB) have signed an agreement for a joint venture (JV) for setting up 1,600 MW Thermal power plant in Tuticorin district, Tamil Nadu.
The venture, Udangudi Power Corporation Ltd, would set up 2x800 MW supercritical thermal power project in the state, an official statement said.
The total cost of the project, coming up on a 760 acre site at Udangudi, would be Rs8,700 crore, it said. The first unit of 800 MW would be commissioned in March 2012 and the second unit in September 2012.
The project will be the first supercritical power project to be installed in Tamil Nadu and will strengthen the power availability in the state. The present installed power generating capacity in Tamil Nadu is 10,122 MW.
The boilers and the turbine generators will be manufactured by BHEL in technical collaboration with Alstom and Siemens respectively, who are both pioneers in the field of supercritical technology.