The company will develop, implement and operate Agastyamuni, Tilwara-I and Tilwara-II hydro power projects in the tributary Mandakini of river Alaknanda in Rudrapryag district on BOT basis.
The developer shall be operating the projects for a period of 35 years and DPR’s are in the process of preparation. Madhucon, through its associate company Madhucon Sugar and Power Industries, is operating a Cogen plant of 24MW near Khammam, Andhra Pradesh. The company, through its subsidiary Simhapuri Energy, is setting up a thermal power plant of 1920MW at Tammimapatnam and Mommidi villages in Nellore district, Andhra Pradesh.
The company also plans for setting up of gas-fired power plants in two states. Madhucon will generate power through hydel, thermal and gas resources, and has planned to set up 5000MW power generating facility within next five years.
