Reliance Power is planning to commission the first phase of its 1,200-MW
This has been made possible by putting the project on fast track. The firm expeditiously obtained all the statutory and regulatory clearances and nods, took over the possession of the land and commenced construction at site within three months.
For the first phase, the company has signed a power purchase agreement with Uttar Pradesh Power Corporation. In the second phase, the firm will sell half of the generation to UP and rest to outside the state. The second phase of the project has been financially closed, and the company has also placed orders for equipment.
The fuel for the coal fired plant would come from Jharkhand for which a long-term supply linkage has been given. A coal transportation agreement has also been signed with the Railways. For equipment, the company has selected Shanghai Electric (Group) Corporation, as EPC contractor for both the phases.
| Company Name | CMP |
|---|---|
| NTPC | 380.30 |
| Tata Power | 399.50 |
| Adani Power | 175.70 |
| Power Grid Corp | 302.60 |
| Torrent Power | 1467.50 |
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