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The capital cost of a thermal power plant can vary widely depending on factors such as location, technology, and scale. On average, the cost typically ranges from $2,000 to $5,000 per installed kilowatt (kW) of capacity. For a 500 MW plant, this could translate to a total investment of approximately $1 billion to $2.5 billion. Additional costs may arise from land acquisition, environmental compliance, and infrastructure development.

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