Adani Udupi Power Corp Ltd is planning to expand its Udupi power plant near Mangalore in Karnataka. The project involves setting up of 2 x 800 MW supercritical thermal power units and the company is currently undergoing land acquisition process. The company is paying a compensation of ?40 lakh per acre for the land losers. The expansion requires around 725 acres of land. The total project cost is estimated at Rs. 115000 million. It may be noted, the company current power plant is located at Yellur and Santhuru villages of Udupi district. UPCL maintains its own jetty at New Mangalore Port to handle imported coal. The port handles around 3.5 million tonnes of coal for UPCL a year.
In June 2018, the company had signed a concession agreement with New Mangalore Port Trust (NMPT) for additional 4.99 hectares in the NMPT premises to enable UPCL’s project expansion.
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