APGENCO is planning to set up 2400 MW in Srikakulam district of Andhra Pradesh. The company is to take up this project in joint venture with Power Trading Corp. Around 2000 acres of land is identified near Palasa. District Collector, Srikakulam has been addressed to earmark the site. Coal requirement of 13 million tonnes per annum is likely to be met from Nuagoan & Telisahi coal blocks in Angul District, Orissa. Tenders for preparation of DPR are under finalisation.
The project is under planning stage.