Making its foray into the power sector, HNPCL has set up a 1,040 MW coal-based merchant power plant at Vizag in the district of Andhra Pradesh, India, with full support of the Government of India and the Government of Andhra Pradesh.
The Plant, built with 2x520 MW coal-fired units, has been identified by Andhra Pradesh State Electricity Board (APSEB) owing to the rising demand for electricity in Andhra Pradesh and, more specifically, rising industrial demand in and around the city of Visakhapatnam. The project caters to the growing power needs of the south, which includes some of the fastest growing economies in the country.
The site is on the coast of the Bay of Bengal at Pavalavasa,
Parawada Mandal, Visakhapatnam District in the State of Andhra Pradesh. The project has accomplished certain key milestones and is moving at a rapid speed. The company has its headquarters in Mumbai with its registered office in Hyderabad.
HNPCL constantly endeavors to grow in scale and scope of operations and is planning to create a power generation capacity of 10,000 MW over the next few years at an expected investment of $10 billion all over India.