SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Govt starts process of setting up four new ultra mega power projects

25 Aug 2014 Evaluate

With an aim to enhance the power production in the country, the government has started the process for setting up four new ultra mega power projects (UMPP) in states including Bihar, Jharkhand and Odisha. These four UMPP are likely to add 16,000 MW capacities to the country's power generation.  

The Government has stated that the land for the proposed project in Jharkhand has been acquired while in the case of two UMPPs in Odisha and one in Bihar, the respective state governments have identified suitable sites. The price bids for these proposed plants are yet to be submitted after which the UMPPs will be awarded to industry players. The major industry players like NTPC, Tata Power, NHPC, Adani Power, JSW Energy and Jindal Power have submitted applications for the proposed projects. So far, four UMPPs have been awarded in the country in states Madhya Pradesh and Andhra Pradesh, of which Reliance Power has bagged three plants and Tata Power has bagged one.

In India, electricity is produced with the help of coal, crude oil, water and natural gas. At present industry installed capacity stands at around 248 GW out of which coal-fired plants account for about 59% and hydro plants compromises around 17% of India's installed electricity capacity.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×