$2.4bn deal struck for construction of Indian coal power plant

Power Construction Corporation of China has signed a $2.4bn deal with India's Infrastructure Leasing & Financial Services (IL&FS) to build the second phase of a coal fired power project in Tamil Nadu, in the south of the subcontinent.

Energy Business Review reports that the engineering, procurement and construction (EPC) contract includes the addition of four 660 MW generators for a total capacity of 2640 MW.

IL&FS plans to sell the power generated from the plant to state-run distribution companies on a long-term basis and also in the open market.

For more coal fired power news



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...