Addressing a press conference here, soon after inspecting the Rs 1,100 crore ongoing expansion of BHEL, he said a taskforce headed by G Viswanathan General Manager BHEL and D K Dubey of NTPC as the convener has been formed.
The taskforce would go into the additional investment to be made and also prepare a detailed project report within a couple of months, he added.
This joint project would require an initial investment of Rs 125 crore and 50,000 tonnes of coal per annum, he added.
Based on the experience from the proposed IGCC plant, BHEL and the Andhra Pradesh General Corporation (APGEN) would set up a joint venture 125 MW IGCC power plant at Vijayawada with an outlay of Rs 950 crore.
While BHEL would bear Rs 420 crore, APGEN would contribute Rs 530 crore. The plant was expected to be ready by August-September 2011, he added.
To a question, he said BHEL and the NTPC would also jointly establish a 250 MW power plant at Auriya in Uttar Pradesh.
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