Study highlights financial implications of Ennore thermal expansion project
The Hindu
It is likely to cause a debt burden of of ₹4,479 crore for Tangedco
With the Tamil Nadu Pollution Control Board (TNPCB) fixing the public hearing for the Ennore Thermal Power Station Expansion project on February 25, Climate Risk Horizon (CRH) has come out with a report of the financial burden the project would put on the State government as well as the Electricity Department.
CRH, relying on data available in the public domain, has prophesied that for the Tamil Nadu Generation and Distribution Corporation Limited (Tangedco), already engaged in the construction of Udangudi and two more power projects, pursuing this 660-megawatt (MW) project in the already polluted north Chennai could cause a debt burden of ₹4,479 crore out of the total projected cost of ₹6,398 crore. The financial outlay of the Udangudi project is ₹26,627 crore.
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