On January 18, 2011, Nagarjuna Construction Company announced that it had acquired a 55 per cent share in Chennai-based Nelcast Energy Corporation Ltd (NECL), which is developing a 1320 MW thermal project at Krishnapatnam in Nellore district of Andhra Pradesh.<ref>[http://news.oneindia.in/2011/01/19/nagarjunaconstruction-buys-stake-in-proposed-powerplant-aid0126.html "Nagarjuna Construction buys stake in proposed power plant,"] One India News, January 19, 2011</ref>
==Project Details==