The Tuticorin project, which has a provision to expand upto 3,600MW, is expected to commence operations by the middle of 2012, and has achieved financial closure with SBI and 16 other banks.
Power generated by the plant will be supplied to the State Electricity Board and to the private sector. A power purchase agreement (PPA) has been reached with Tata Power.
Harbin Power Engineering of China will supply equipment for the plant. Gammon India will execute civil works worth approximately INR4.5bn. Work on the plant has commenced, and Coal and Oil Group plans to install another power plant at the existing site.
