Lanco Amarkantak Power Pvt. Ltd has asked the Chhattisgarh government to expedite the allocation of additional 20 cusecs of water for its 600-mw Amarkantak expansion thermal power project in Korba district of the state. Project officials informed Projectmonitor that the project was proceeding at "good pace" and was scheduled to complete within the current 11th Plan period. Hence, the availability of water to the project site was deemed critical.
The Rs 2,600-crore project is being developed in a debt-equity ratio of 70:30. Power Finance Corporation is lead financer providing about 70 per cent of the debt portion. Financial closure has been achieved. Dong Fang Electricals of China is the contractor for the main plant package. The project is scheduled to commission in the last quarter of 2011.
Lanco Amarkantak Power is an SPV promoted by Lanco group. The thermal power station is coming up near Pathadi-Saragbundia villages on Champa-Korba state highway in Chhattisgarh.

— Mrinalini Prasad