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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>
In December 2014 it was reported that the government was reportedly looking at Etcherla and Ponduru mandals to set up the power station, and that the "rail network in Ponduru is being seen as a major advantage for construction of thermal project in association with Japanese company."<ref>[http://www.thehindu.com/todays-paper/tp-national/tp-andhrapradesh/agitation-against-power-plants-spreads-to-new-areas/article6740428.ece "Agitation against power plants spreads to new areas,"] The Hindu, Dec 31, 2014</ref>
==Project Details==
