Dada Dhuniwale Khandwa Power Ltd (a joint venture company of MP Power Generation Company Ltd. (MPPGCL) and Bharat Heavy Electricals Ltd. (BHEL) is planning to set up a 1600 MW ( 2 x 800 MW) coal based thermal power plant in Khandwa in Madhya Pradesh with an investment of Rs. 80,000 million. The project is likely to go operational in March 2017. The company has signed a Power Purchase Agreement (PPA) for its Khandwa thermal power project with the state government. As per the agreement, the company will provide 65 per cent power out of the total power generated to the state for 25 years. Land acquisition process is underway
BHEL has promoted a joint venture company with Madhya Pradesh Power Generating Company Ltd (MPPGCL) for setting up of a 2x800MW Supercritical Thermal Power Plant at Khandwa, Madhya Pradesh on build, own and operate basis. The Joint Venture was incorporated on February 25, 2010 under the name of 'Dada Dhuniwale Khandwa Power Ltd'. BHEL has invested Rs.2.50 Crore as advance deposit towards issue of shares.
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Consultant has submitted Final Feasibility Report. Formal approval of MPPGCL & BHEL on Final Feasibility Report is awaited. Land acquisition in progress.
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