Global companies including GE, AES and Marubeni Corporation and Indian corporations, including the Tata Group, Jindals, Reliance Power, L&T, Adani have evinced interest in setting up three gas-based power stations in Karnataka with a total capacity of 2,100 Mw. These plants would come up at Davanagere, Belgaum and Gadag. According to state government officials, nearly 52 companies have shown interest in these projects being planned along the route of the proposed Dabhol-Bidadi gas pipeline to be set up by Gas Authority of India Limited.
In addition, about 90 private players have shown interest in taking up gas-based merchant power plants with capacities ranging from 50 Mw to 300 Mw. The state government has offered 00 Mw to the private sector for setting up merchant power plants and all these projects cumulatively would require an investment of around Rs 12,000 crore.