Videocon plans 500MW power plant in Maharashtra

The Videocon Group is planning to start a 500MW power plant in its homeland and is looking for suitable land as well as a coal-transportation solution

Videocon Group, a consumer electronics giant, is planning to set up a 500MW power plant in its homeland, Maharashtra. It also expects to achieve financial closure for its Gujarat-based 1,200MW power plant by end-March.

“We are planning a power plant in Maharashtra,” said SM Hegde, director, Videocon Group. While declining to divulge further details, Mr Hegde said, “The exact location has not been finalised as land acquisition is the main concern for any power project, so we have to look into the land availability issue and other issues like coal transportation.”

Speaking about the group’s Gujarat-based 1,200MW power project, he said, “The financial closure for the first phase of 600MW has been achieved; the second phase’s financial closure is getting completed. After financial closure, power projects take another three and a half years to be commissioned,” he added.

Meanwhile, the Videocon Group is still awaiting financial closure for its 1,000MW power plant located in Chhattisgarh. The project sanctioned by the state government is still in the clearance phase which involves environmental clearances and coal-linkage issues.

Coal linkages for the group’s Gujarat project have been secured through coal imports from Indonesia. However, coal supply to the power plant planned in Chhattisgarh will be sourced from coal blocks in that area.

The group also has plans for a power plant in West Bengal. “Once the financial closure for the Chhattisgarh project is completed, we will move on to the other projects like the one in West Bengal,” added Mr Hegde.
 

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    COMMENTS

    parag

    9 years ago

    i want to know where this project is going to establish.is it in wardha district & when it will be start?

    prashant lonkar

    9 years ago

    Resp.sir,i am working in lanco power mandva.dist..wardha.more land water &coal are available near wardha.are u looking or veryfied these locations so plz.contact my email id.or my cell no.9730471442.so.plz.contact soon.

    vaibhav ghade

    9 years ago

    best plase in wardha

    Shrikant G

    9 years ago

    Dear Sir

    If you r searching a land in Vidarbha region , i can help u for 400 acres land nr to Dam , Raiway station, State highway , substation.....the land is fully plane, no need of areagrading etc...if so contact me on my mail id.....

    ramesh

    9 years ago

    VIDHARBHA IS A HOT AREA IN INDIA. ITS POWER PLANT SEZ. IN PARTICULAR DISTRICT LIKE WARDHA,CHANDRAPUR,NAGPUR,YEOTMAL IHAVE PROVIDE A LAND IN CHIPEST RATE.

    madhuri Sharma

    9 years ago

    In Maharashtra Wardha district is best suitable place for power plant.One power plant is under construction of Lanco Infra of 1320 MW.at Mandva of Wardha District and another power plant is propsosed at Dahegaon(Gondi) Tah:- Arvi of 1320 MW capacity consisting of villages Sawadh ,Madna etc.

    alpesh patel

    10 years ago

    no comment

    ASHOK KUNTI

    1 decade ago

    Respected sir,
    If you are agree to plans for West Bengal
    then suggest you please choice the please in between Asansol to Burdawn, because here you find suitable land ,coal transportation & water source.

    Regards,
    a.k.kunti

    Gautam

    1 decade ago

    maadacod ek power plant ka seperate website nahi bana sakte.

    jitendra

    1 decade ago

    Dear Sir,
    I think i can provide the land required for the project in satara district of maharashtra. The land is very much suitable for power project and is nearby where already power projects are in operartion.

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