Rel Power Sasan order for group firm
Rel Power Sasan order for group firm
New Delhi: Anil Ambani-led Reliance Power Ltd on Tuesday awarded a Rs12,000-crore engineering procurement construction contract for its so-called ultra-mega power project in Sasan, Madhya Pradesh, to group company Reliance Infrastructure Ltd.
Reliance Infrastructure will take 42 months beginning July to commission the first unit of 660MW of the 4,000MW project.
The remaining five units will be commissioned at intervals of three months.
The project was handed over to Reliance Power in July last year after a controversy over its allotment to Hyderabad-based Lanco Infratech.
Reliance Infrastructure has also decided on the equipment supplier for the Sasan project, but did not disclose the name of the company.
The government has approved the mining plan for the coal block that the company plans to use for the Sasan project.
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!