Orissa to host three new ultra mega power projects

March 15th, 2008 - 12:39 am ICT by admin  

New Delhi, March 14 (IANS) Orissa has agreed to host three of the five new ultra mega power projects (UMPPs) of 4,000 MW each envisaged by the central government, said a top power ministry official here. “Orissa has agreed for three ultra mega power projects that could be structured through special purpose vehicles, promoted by Power Finance Corporation,” Power Secretary Anil Razdan told reporters on the sidelines of a conference organized by the Confederation of Indian Industry here Friday.

Razdan said there was a strong possibility that Orissa could agree to host one more UMPP while Gujarat should take up one project.

The government has already proposed nine UMPPs, two of which are under implementation at Sasan in Chhattisgarh and Mundra in Gujarat. Bidding process for another at Tilaiya in Jharkhand is under way.

The government had expressed its intention to launch five more projects in the national budget for the coming fiscal 2008-09, subject to support from the states.

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