Gautami Combined Cycle Power Plant is located at Peddapuram in Kakinada district in state of Andhra Pradesh.
In Jun 2003, GVK secured an amended 15yr PPA with APDISCOM for the Gautami project not far from Jegurupadu in Peddapuram, Kakinada district.
The project was originally developed by Satyam Construction Co (later acquired by Nagarjuna Construction) with Maytas Infra and IJM (India) Infrastructure Ltd. GVK successively bought out most of the Nagarjuna stake and is the controlling shareholder.
In May 2010, GVK awarded a contract to a consortium including Siemens, Hyundai, and L&T for two 392-MW blocks to extend Gautami.
These blocks are expected to cost Rs3,200cr The power plant has installed capacity of 469 MW.