New Delhi: GMR Infrastructure has said that its 370 MW gas fired power plant at Vemagiri in Andhra Pradesh has started electricity generation.
“Vemagiri Power Generation Ltd, a wholly-owned subsidiary of GMR Energy has commenced power generation at its 370 MW gas fired power plant in Andhra Pradesh,” GMR Infra informed the Bombay Stock Exchange (BSE).
The gas has been diverted from another plant under an arrangement with by Andhra Pradesh Transmission Company.
Vemagiri Power Generation Ltd would continue to operate on this diverted fuel at a plant load factor of 60% till 31 May, 2009.
Meanwhile, RIL’s KG basin gas is also expected to be available in the first quarter of calendar year 2009, it said.
The shares of GMR Infrastructure today closed at Rs63, up 4.48% on the BSE.