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Udupi Power to invest Rs 6,930 crore in second plant
Udupi Power Corporation Limited (UPCL), a subsidiary of Lanco Infratech Ltd, an infrastructure company, is planning to expand capacity of its thermal power plant by setting up two more units of 660 Mw each at an estimated investment of Rs6,930 crore at Nandikur in Udupi district in coastal Karnataka, a senior company official said. "We recently signed a memorandum of understanding with the state government