The government will call bids for two domestic coal-based ultra-mega power projects (UMPPs) in December and another two by March next year, according to Power Secretary PK Pujari.
Tag: Ultra Mega Power Projects
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Bidding for TN, Odisha UMPPs scrapped
The Power Ministry has scrapped the bidding process for two ultra-mega power projects of 4,000 MW each proposed to be built in Odisha and Tamil Nadu after all private players walked out, leaving State-run NTPC and NHPC as the sole contender for each project.
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FDI in infrastructure: Key Challenges
In addition to fuel shortage for thermal power projects, the power sector in general suffers from regulatory delays, chief of which are the land acquisition and environmental clearance issues.
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FDI Ultimate Game Changer
Though investment in infrastructure is expected to touch $1,025 billion in the Twelfth Five-Year Plan (2012-17), many hurdles are choking investment inflows despite the government´s overdrive to attract funds. The government´s recent decision to open up the railway sector to Foreign Direct Investment (FDI)
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Two UMPPs to bring Rs 24,000 cr orders to firms
Upcoming ultra mega power projects (UMPPs) in the country have become a hope for orders of capital goods companies at a time when the order inflows have dried up. Now companies like Larsen & Toubro and Thermax are eyeing orders worth around Rs 24,000 crore from a two mega power projects in Orissa and Tamil Nadu.
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Rajasthan to have worlds largest solar plant
Worlds largest solar plant has been planned in Rajasthan to generate 4,000 MW near the Sambhar lake. The solar plants first phase is estimated to be completed by 2016. It is planned to sell electricity from the solar plant at Rs 5.50 per unit. According to a government statement, the proposed solar projects capacity is about three times Indias total solar power capacity.
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Govt to develop 16 coal-based ultra mega power projects
The Union government has launched an initiative for the development of coal-based Ultra Mega Power Projects (UMPPs) each with a capacity of 4,000 mw. Sixteen UMPPs have been identified in various parts of the country. Out of these, two UMPPs are identified for being located in Tamil Nadu.
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Adani Power eyes int’l opportunities
Adani Power is actively evaluating opportunities in different parts of the world, espÂecially in developing nations. Adani Power, which currently has an installed capacity of 4,620 mw,
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Power cos' tax holiday extended to Mar 2012
In a bid to boost power capacity, Union Budget 2011-12 extended tax holiday for power sector projects including Ultra Mega Power Projects which take off this fiscal.