Sunday, January 17, 2016

India to Add 8-12 Coal Based Ultra Power Plants Worth 30-40GW

The government plans to bid out eight to 12 ultra mega power projects of generation capacity 4,000 MW each in two-and-a-half years, Power Minister Piyush Goyal said today. “The government is working on 12 UMPPs. We will be bidding out anywhere between 8-12 UMPPs in another two or two and a half years depending on the support we get from the state governments,” Goyal said here.

Goyal also exuded confidence that in the next three to six months at least four ultra mega power projects would be bid out. “We are trying to move these UMPPs in plug and play mode so that the investors have minimum problem,” he said at the India Japan strategic dialogue being held here under the aegis of industry chamber CII. The minister said that government has already approved one set of documents related to the fresh UMPP bids and another set of UMPPs is under finalisation.

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