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With the advent of Gas discoveries in the Krishna-Godavari (KG) Basin of A.P., the company has been conceived to generate power. KONASEEMA GAS POWER LTD is born at the KONASEEMA Region in the vicinity of Natural Gas wells.
The largest natural gas based combined cycle power plant in the private sector at Ravulapalam, near Rajahmundry in the East Godavari district in A.P., The Gas turbines have the capability of firing liquid fuel as alternate fuel in exigencies. The Capital cost of the project is Rs. 2100 Crores. The Company has a Power Purchase agreement (PPA) with AP TRANSCO for a period of 23 years, to purchase power at 85% plant load factor.
Date of Signing:
• The MOU is signed on 27-11-2010
