It is reported that Madhucon Projects bagged an EPC contract worth INR 989.5 crore from Simhapuri Energy for setting up a 2x135 MW coal based power project at Krishnapatnam in Nellore District of Andhra Pradesh.
As per report, the 2x135 MW plant is part of the proposed 620 MW plant being set up by Simhapuri Energy at Tamminapatnam and Mommidi villages.
Madhucon had already been allotted land and achieved financial closure. It also obtained environmental clearance from the MoEF. The project is expected to commence generation by 2010.
