GVK signs contract with Hyundai, L and T

Hyderabad, Jun 21 : GVKPIL, which owns and operates 915 MW gas-based Combined Cycle Power Plants in Andhra Pradesh located close to K-G basin gas sources is planning to substantially augment its generation capacity over the next five years.As part of the expansion program, it will be installing an 800MW (2x392.24MW) gas-based Combined Cycle Power Plant at its Gautami plant site at a cost of Rs 3,200 crore.GVK has signed EPC agreements with the Consortium of Hyundai Engineering Company Limited, Korea and Larsen and Toubro, Chennai.The implementation of the 2x392.24MW Power Project on Engineering, Procurement and Construction (EPC) basis envisages nstallation of advanced class Siemens single shaft gas turbine generators, unfired triple pressure HRSGs with reheat and state-of-the-art plant controls.The first unit of the project is scheduled to go into commercial operation in the first quarter of 2013.GVK Chairman GVK Reddy, in a statement said the company plans to further increase the installed capacity by adding a third unit of about 400 MW in Gautami at a later date.
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