PM lays foundation stone of NTPC-BHEL plant in Andhra Pradesh
merisarkar news service
New Delhi, September 01, 2010
6000 people will be directly employed at the plan: PM
The Prime Minister, Dr. Manmohan Singh laid the foundation stone of NTPC-BHEL Power Projects Private Limited's manufacturing plant at Mannavaram village in Chittoor district of Andhra Pradesh on Wednesday.
On this occasion Dr. Singh said: "This is indeed a moment of pride for all of us. But it is also an occasion to pay tribute to a very tall leader from Andhra Pradesh - Dr. YS Rajshekhar Reddy. Tomorrow will be the first death anniversary of Rajshekharji. It was his untiring efforts that brought this project to the backward area of Chittoor district."
Prime Minister said that the the project also exemplifies the importance of coordination between the Central Government and the State Governments.
Dr. Singh said that availability of affordable power is of critical importance for our country's development. We must bridge the gap between the supply and demand of power if we are to achieve higher rates of economic growth on a sustained basis. Therefore, we have drawn up an ambitious programme for addition of power generation capacity in the 11th and 12th five year plans.
He said, "Our two Navratna Companies - National Thermal Power Corporation and Bharat Heavy Electricals Limited have joined hands to form a new company thus bringing together their vast experience and expertise."
Prime Minister said that he is told that an amount of nearly Rs.6000 crore would be invested over a period of five years to fully establish this manufacturing plant. The plant will be able to produce power equipment required for additional capacity of 5000 MW per year by 2014-15.
The plant will provide direct employment to 6000 men and women and indirect employment to another 25000. I also appreciate the vision of state government to have a large industrial hub around this plant.