GVK Power & Infrastructure is set to commence commercial operations at Goindwal Sahib Power project during the current financial year.
The 540 MW (2x270 MW) Goindwal Sahib thermal power project in Taran Taran district of Punjab is expected to be commissioned by the end of 2014. Around 97 per cent of the project work has been completed and the two units are ready for coal firing. The project is estimated to cost Rs 3,200 crore.
The company is likely to source coal from its captive mines -- Tokisud and Seregarha -- in Jharkhand.
GVK is now in the process of obtaining consent from the Punjab Pollution Control Board to operate the power plant. It has a dedicated power purchase agreement with the Punjab government.
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