The company said that the land acquisition for its Tamil Nadu project is completed. Most of the statutory clearances such as environmental, permission for seawater drawl, no objection certificate from Airport Authority of India for stack height are in place.
Rupen Patel, MD of Patel Engineering, said: “We have achieved yet another important milestone for our Thermal Power Project.
“This coal linkage allotment from GOT is the last for the eleventh plan period as the Ministry of Coal is now accepting applications for coal linkage only for 12th Plan period where in the linkage is subject to availability, which is uncertain.”
The financial closure for the project will happen by end of third quarter 2010-2011.
