State-owned THDC India Ltd aims to make its coal-based power plant operational by September 2024, marking an entry into the domestic thermal energy sector, a top company official said.

THDC India Ltd (THDCIL) is setting up a 1,320 megawatt (2X660 MW) Super Thermal Power Project (STPP) at Bulandshahr district in Uttar Pradesh (UP), the official said in reply to a query about the company's plans of setting up coal-based capacities.

At present, the Uttarakhand-based entity has an installed power generation capacity of around 1,587 MW, of which 1,424 MW is hydro, 113 MW wind and 50 MW solar.

When asked about the timeline of the project, the official said "The work is going on in full swing. We are confident of making the first unit of 660 MW operational by September this year and the second unit operational by March 2025. It is a project of around Rs 12,000 crore."

Till January 2024, a sum of Rs 9,428.30 crore has been spent on the Khurja Super Thermal Power Plant (KSTPP), the company official said, adding that around 85 per cent of the work has been completed.