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NEW DELHI: The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved a plan to set up a 1,980 mw thermal power plant at Ghatampur in Uttar Pradesh. The project is estimated to cost Rs 17,238 crore.

The decision comes ahead of the assembly election in the state — polls are scheduled for early next year.

The power project, with three 660 mw units, will be set up by a joint venture of Neyveli LigniteBSE 7.38 % Corp and Uttar Pradesh Rajya Vidyut Utpadan Nigam. It will supply the electricity generated at the plant mainly to the host state, a government statement said.

The coal ministry has allotted the Pachwara South coal block in Jharkhand for meeting the fuel requirement of this plant.

Source: Economictimes