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Visakhapatnam Power Project

Company: Hinduja National Power Corpn. Ltd.
Ownership: Hinduja (Ashok Leyland) Group
Project Location: Palavalasa, Vishakhapatnam, Andhra Pradesh, India
Contact: Deepak Arora / Dy. GM  Secondary Contact: A. Varisiddappa / MD

Project Status: Stalled  Project Type/Scale: New Unit
Industry: Electricity Generation - Coal Based
Investment/Estimated Cost: Rs. 6,300.00 Crores / USD 1,575.00 Million
Thursday, October 31, 1991Date of announcement
Sunday, July 12, 1992MoU signed
Thursday, August 6, 1992CCFI (Cabinet Committee on Foreign Investment) approval received
Sunday, January 31, 1993Central Government approval received
Monday, August 29, 1994Foundation stone laid
Tuesday, November 15, 1994PPA (Power purchase agreement) signed
Monday, May 15, 1995CEA (Central Electricity Authority) approval received
Sunday, March 31, 1996State government approval received
Thursday, July 25, 1996CEA (Central Electricity Authority) approval received
Tuesday, September 3, 1996Date on which environmental clearance was received
Friday, January 31, 1997Initial commissioning date
Wednesday, April 15, 1998PPA (Power purchase agreement) signed
Thursday, October 31, 2002Stalled
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