By adding two more units to its 4,000 MW Mundra ultra mega power project (UMPP) in Gujarat, Tata Power Company is to expand the project's capacity to 5,600 MW.
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Fourth CMD in 2 years
Quick turnovers are not the salient feature of a vibrant economy alone, it seems. Rural Electrification Corporation (REC) has seen turnovers of a different kind: four CMDs in two years. Rajeev Sharma takes over the reins from HD Khunteta who took over from JM Phatak only in May last year for a period of “three months or until further ordersâ€. He served for seven months, while Phatak was CMD for less than a year.
Tata Power to run Mundra UMPP at low capacity
Tata Power Company is preparing contingency plans to minimise loss from running the plant as the cost of imported coal from Indonesia has risen sharply. The company plans to run the 4,000-MW Mundra unit at low capacity, at around 72-78 percent, and is considering blending the fuel with cheÂaper coal of low calorific value to reduce cost of generation.
20 bidders for Orissa's UMPP
All the 20 power companies, including Tatas, NTPC and Lanco, which had submitted bids for the 4,000 MW ultra mega power project (UMPP) in Orissa are believed to have qualified for the second round, which starts in October.
Infra lender faces the risk of execution and regulatory uncertainties
As the country's most experienced lead finance arranger for infrastructure projects, SBI Capital Markets, turned 25 this year, S Vishvanathan, MD and CEO, projects what
the journey for infrastructure finance and project structuring means, and says uncertainties and other hurdles are temporary in the long run.
Tata Power secures coal for Mundra UMPP
Tata Power has received coal from Arutmin mines, Indonesia, for its 4,000-MW ultra mega power project (UMPP) at Mundra.
UMPP projects a huge draw
Tata Power, Larsen & Toubro, Adani and Vedanta are amÂong the 20 companies that have bid for the government's fifth ultra mega power project (UMPP) at Bedabahal in Orissa.
RPower gets RBI nod to raise ECB for Tilaiya UMPP
Reliance Power has received in-principle approval from the RBI for raising external commercial borrowings (ECB) of $2 billion for its 4,000 mw ultra mega power project at Tilaiya in Jharkhand.
Mining: Go mega for energy security and better infra
A shortfall in coal supply can badly affect the power production of the country as over 70 per cent of total power produced in India is from coal-based projects.
Setback for Chhattisgarh UMPP
The 4,000-MW Chhattisgarh ultra mega power project (UMPP) in Sarguja received a major bow.