NTPC Ltd has drawn up plans to set up a 4000-MW ultra mega power project in Pudimadaka near Visakhapatnam wherein it has been allotted 1,200 acres by the Andhra Pradesh Government.With both the Union and the State governments keen to provide necessary support, NTPC has decided to initiate the project which entails an outlay of Rs. 20,000 crore. The project is based on imported coal and requires about 19.8 million tonnes of coal per annum. After the signing ceremony of allotment of land to NTPC in the presence of Union Power Minister Piyush Goyal, Chief Minister N Chandrababu Naidu and NTPC Chairman and Managing Director Arup Roy Choudhury, the Union Power Minister said that the project will be completed by 2019. The State Industries Department has allocated 5,500 acres for the solar park.
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