Telangana Chief Minister K Chandrasekhar Rao on Friday discharged the assets for the development of Yadadri Power Plant. Bharat Heavy Electricals Ltd., (BHEL) were given the works in such manner with Chief Minister K Chandrasekhar Rao giving over ta check of Rs. 417 cr. to Bharat Heavy Electricals Ltd., (BHEL) Chief Managing Director (CMD).
Talking on the same, the Chief Minister K Chandrashekar rao said that the declaration was made to guarantee transparency.
He included that they are centering raising the power plant as ahead of schedule as conceivable since the power needs of the state will undoubtedly increment by one year from now.
Chief minister k Chandrashekar rao educated that every one of the conventions and the land required for the plant have been procured.
Few days ago Rural Electrical Corporation (REC) released a cheque worth Rs. 16,070 crores towards Yadadri Thermal Power project, coming up at Damarcherla in Nalgonda district.
REC Chairman Rajiv Sharma handed over the cheque to KCR. Stating that this is first time that they are funding a state project, he said that the funds are being lent at an interest as low as 17 per cent.
And recently in meeting telangana chief minister K Chandrashekar rao announced the budget on Yadadri Power Plant.