The Hinduja Group’s Hinduja National Power Corporation Limited (HNPCL) installed a 1040 MW Power project in Palavalasa near Vizag. This project makes Andhra Pradesh the first South Indian state to become a power surplus state. Due to an increased growth of industrialization in the state, the company commissioned a coal-fired power plant to meet the demands for electricity. This plant was supposed to be in place in 2014 itself but got affected due to the damage caused by the cyclone HudHud.
Managing director Ashok Puri said, “The entire power generated by the project was being given to State-owned Southern and Eastern Power Distribution Companies of Andhra Pradesh. It will primarily cater to the growing power needs of the rising industrial demand in and around the city of Visakhapatnam and the Southern Region, which includes some of the fastest growing economies in the country.”
Having identified power generation as one of its focus areas of business, the Hinduja group aims to achieve 29,000 MW of installed capacity by 2019 surpassing the current capacity of 15,311.17 MW.