Lucknow, Jun 25: The Uttar Pradesh government today approved an ultra-mega thermal power plant to be set up by the National Thermal Power Corporation Limited (NTPC) at Lalitpur in the Bundelkhand region of the state.
NTPC's 4000 megawatt power plant would be constructed on a 30:70 partnership in which, 30 per cent would be the state share, and the rest 70 per cent would go to the Public sector enterprise.
The State cabinet approved the project after it was agreed upon that 75 per cent of the power generated in the ultra mega power plant would be given to UP.
State cabinet secretary Shashank Shekhar Singh said here the cabinet has approved the project and a Memorandum of Understanding (MoU) would be signed between the state and the NTPC very soon.
He said there was adequate water near the Lalitpur site and land would to be acquired there.
NTPC chairman-cum-managing director T Shankarlingam had proposed the mega thermal power project at Lalitpur in November last year and said the teams for site selections would inspect the spot till January this year.
The NTPC was already working on the 1320 mw mega thermal power project for which an MoU was signed with the state government in November last year, while extending the existing 440 mw Tanda thermal power project by another 660mw.