Anil Ambani group’s Rosa power project ahead of scheduleNovember 23rd, 2008 - 1:10 pm ICT by IANS
Shahjahanpur (Uttar Pradesh), Nov 23 (IANS) The Reliance Anil Dhirubhai Ambani Group (R-ADAG) hopes to commission the first phase of its 1,200-MW, Rs.50-billion (over $1 billion) power plant here some six months ahead of schedule, with commercial generation set to start from September next year, a senior official has said.The Rosa Power Project, located around 160 km from state capital Lucknow, has already signed the power purchase pact with the electricity board and entails one of the biggest investments in the state, said its project chief Ganesan Amudhan.
“Phase-I will supply power to neighbouring villages and is only for the state of Uttar Pradesh. Phase-II will cater to the needs of other states but we have not finalised the details regarding the power sale,” he said.
“Only about 56 percent of villages in Uttar Pradesh have electricity. This plant will also help a lot of villagers in the vicinity to power their water pump-sets for irrigation,” Amudhan told IANS during a site visit.
The company has already inked the coal linkage pacts with Central Coal Fields Ltd and will use boilers and turbines from Shanghai Electric, which will prove to be cost-effective, with faster deliveries, he added.
“We have also hired Black and Veatch - a US-based engineering, consulting and construction company - to oversee our quality standards and compliance.”
The Rosa Power Supply Company, a wholly owned subsidiary of Reliance Power, is implementing the project under a debt-equity ratio of 80:20, with the privately-run IDBI bank as the lead financial institution.
Reliance Power also has won the bids for two ultra mega power projects of 4,000 MW each at Sasan in Madhya Pradesh and Krishnapatnam in Andhra Pradesh, and has projects totalling 28,000 MW in its kitty.
Reliance Power on its own and through subsidiaries is currently developing as many as 13 medium and large-sized power projects, company officials said.
Of these, projects in western India will account for 12,220 MW, in the north for 9,080 MW, in the northeast for 2,900 MW and in the south for 4,000 MW.
The group’s 7,480-MW project to be located at Dadri in Uttar Pradesh, not far from the national capital, is expected to be the world’s largest gas-fired power project at a single location, officials said.
- Reliance Power total income doubles in third quarter - Feb 14, 2011
- Anil Ambani group fast tracks mega power project - Feb 04, 2009
- Anil Ambani group bags third ultra mega power project - Jan 28, 2009
- US, Japanese firms to build power plants in Myanmar - May 23, 2012
- GVK Energy to set up two thermal power plants in Andhra - Jan 13, 2012
- Reliance Power total income rises 124 percent in 2011-12 - May 27, 2011
- Areva joins Reliance to set up solar power plant - Apr 13, 2012
- Reliance Power places $10-bn equipment order for 32,000 MW - Oct 28, 2010
- Reliance Power's second quarter operating revenue up 189 percent - Nov 08, 2011
- Jharkhand to get second 4,000 MW power plant - Jun 17, 2012
- Reliance Infra transfers 433 MW capacity to Reliance Power - May 28, 2010
- Neyveli Lignite Corp to add 1,000 MW this fiscal - May 28, 2012
- Anil Ambani talks of unlocking shareholder value (Roundup) - Sep 27, 2011
- ONGC to set up n-plant, fertilizer unit, solar projects - Dec 29, 2011
- OPG Power to increase capacity to 740 MW by 2013 - Jul 20, 2012