Madhucon Projects bagged an EPC
contract worth Rs.989.5 crore from Simhapuri Energy for setting up a 2x135 MW
coal based power project (Phase I) at Krishnapatnam in Nellore District of
Andhra Pradesh.
The 2x135 MW plant is part of the
proposed 620 MW power project to be set up by Simhapuri Energy at Tamminapatnam
and Mommidi villages. Land has already been allotted for the project. The
company had achieved financial closure and obtained environmental clearance from
the MoEF. The project is expected to commence generation by 2010.
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