BIJAPUR: Heavy Industries Minister Murugesh Nirani said that the foundation for the first phase of the Rs 20,000-crore mega power plant in Kudgi would be laid in March. At a press meet held here on Wednesday, he said that the required land of 2,000 acres for the project was already acquired. The first phase of the plant would produce about 2,600 MW of power, he said. He also informed that the entire project would be completed in about three years time.