Just a couple of days after power developers rushed to Odisha to set up 4000 Mw power project, as many as eight companies have now shown interest in developing the Rs 24,200 crore Cheyyur Ultra
Power Finance Corporation Ltd (PFC) had invited bid for the 4,000-MW ultra mega power project (UMPP) at Bhedabahal in Odisha on Monday. Nine major power developers have
The bidding dates for 4,000-MW each ultra mega power projects (UMPPs) in Odisha and Tamil Nadu have been extended by a fortnight to attract more competent players. Earlier, the last date
In a major boost to infrastructure companies, the government on Tuesday relaxed the qualification norms for those interested in bidding for ultra mega power projects (UMPPs). The government has
Power Finance Corporation Ltd (PFC) to act as the nodal agency for auctioning of ultra mega projects each of 4,000 MW, to come up at Bhedabahal in Odisha and Cheyyur in Tamil Nadu
The Power Ministry proposes to set up a 4,000 MW ultra mega power project at Bedabahal (Odisha) and Cheyyur (Tamil Nadu).
Tata Power is planning to increase the power generation capacity of its 4,000-Mw Mundra plant, India's first operational ultra mega power project, to 5,600 MW. Coastal Gujarat Power Ltd (CGPL), the wholly
The new bidding norms being formulated for power projects may not require approval from the Empowered Group of Ministers, thus easing regulatory hurdles for developers.
Coastal Andhra Power (CAPL), a Reliance Power owned subsidiary, has been given time till November 22 to settle the issues related to the change in Indonesia’s coal policies with its power buyers. A division bench of the Delhi High Court gave this order on 18 October.
Anil Dhirubhai Ambani-owned Reliance Power (RPower) has announced that the company has started production from captive coal mines allotted for its showcase Sasan Ultra Mega Power Project (UMPP) last month, despite a government directive asking the company to stop mining activities till few formalities are completed.
Tata Power through its wholly owned subsidiary Coastal Gujarat Power Ltd (CGPL) has announced synchronisation of 800 Mw sized Unit 3 of the country’s first ultra mega power project (UMPP) in Mundra, Gujarat.
With financial institutions (FIs) refusing to fund future projects, saying the new norms make them unviable, India’s plan to build giant power plants to meet growing energy needs is facing a bottleneck.
Tata Power has seen erosion of more than 60% of the Rs 4,500 crore equity investment in its 4,000 Mw Mundra ultra mega power project (UMPP).
The Build-Own-Operate-Transfer (BOOT) model would not be suitable for setting up power plants in the country and could lead to complications in the sector, experts said.
The bidding for Ultra Mega Power Projects (UMPPs) will be based on first year tariff and not 25 years levelised tariff, as was the practice earlier. The new norm would be applicable for the three UMPPs planned in Tamil Nadu, Odisha and Chhattisgarh.