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325 crore sanctioned for power plants

By   /  April 21, 2015  /  No Comments

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The State government on Friday sanctioned Rs. 325 crore towards its value commitment for the foundation of Bhadradri (Manuguru – 4×270 mw) and Kakatiya Thermal Power Project-II.

The trusts were endorsed after a letter composed by the Chairman and Managing Director of TSGenco to the administration asking for arrival of Rs. 654 crore as the Government’s value commitment in setting up of plants.

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The sum was not released before March 31 since trusts were not accessible and the Finance Department had released it from the 2015-16 financial plan by unwinding quarterly regulations, the requests issued by Energy Secretary Arvind Kumar sai

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