Prime Minister Narendra Modi will lay the foundation stone of the phase two of Shri Singaji Thermal Power Plant, located about 165 km from Indore, on March 5.
PM Modi will also dedicate the currently operational phase one of the project with a generation capacity of 1,200 MW to the nation on that day.
"The Singaji power project is being completed in two phases. While the plant already has a generation capacity of 1,200 MW under phase one, the phase two of 1,200 MW (two units of 600 MW each) is expected to be completed in about three years.
So, once fully operational the Singaji plant will have a generation capacity of 2,400 MW,” MP Power Generation Company Ltd managing director Manu Shrivastava told Hindustan Times.
Named after the 15th century poet-saint Singaji, the phase two of Shri Singaji Thermal Power Project will cost about `6,500 crore. Phase one’s two units of 600 MW each started functioning last year.
Exempted from central excise and customs duty, Singaji power project has been awarded the mega power project status in which the state government holds major equity.
The project will resolve the problem of low voltage and frequency in the region.
"The Malwa-Nimad region faces problem of low voltage and frequency as most power stations are situated in eastern MP near the coal pit head. Singaji power project has been selected at the load centre of MP where maximum industries exist," an official of MP Power Generation Company said.