Welspun Energy has decided to set up one of its largest thermal power capacities in Andhra Pradesh.
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The energy arm of Welspun Group, whose interests include textiles, steel pipes, retail and infrastructure, plans to set up the project on Andhra Pradesh coast
The project is expected to come up with an outlay of Rs7,500 crore and a capacity to generate about 1,320 mw in the initial phase.
“The project would be based on environment friendly super critical technology, requiring about 1,000 acres. The project would depend purely on sea water and would avoid any burden on fresh water sources of the state,” reportedly said a source.
“The project is still being finalised and we don’t see much of a problem in terms of environment clearances this time since it would come up on the coast and not interfere much with agriculture or irrigation,” the source added.
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