Mr. Y.S. Jagan Mohan Reddy, the Chief Minister of Andhra Pradesh, inaugurated the third unit of the Genco Thermal Plant in Muthukur Mandal, Nellore district in Andhra Pradesh.
On the 27th of October, Thursday, the State CM, Mr. Y.S. Jagan Mohan Reddy formally dedicated the third unit of the Genco thermal plant in Muthukur Mandal to the nation. The inauguration of the awaited third unit of the thermal plant was being carried out with a loan of Rs. 1,871 crores from German Bank, KFW (Kreditanstalt Fur Wiederaufbau) and Rs. 4,786 crores was financed by the Power Finance Corporation Limited.
The total cost of the project including the first and the second unit of the Genco Thermal Plant was Rs. 12,300 crores and 17,764 tonnes of coal per day have been estimated to be utilised for the generation of power from the two units. After the inauguration of a third unit, GENCO Thermal Plant would generate approximately 19 lakh units of electricity per day.
Notably, the two units were completed in 2014 and 2016, respectively and the third unit has now been completed and is open for functioning. The latest projects have been established in Andhra Pradesh for quality power generation in the State, without any difficulty for the citizens.
In addition, besides inaugurating the thermal plant, Mr. Y.S. Jagan Mohan Reddy would also hand over the non fishermen package to the villagers, affected by the recent floods in the State. As per sources, villagers of Muthukuru Mandal, who possessed white ration cards by April 2019 would get the non fishermen package.
Stay tuned for further updates.
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