Small BusinessR-Power to generate over 3,300 Mw by 2012
Anil Ambani Group company Reliance Power (R-Power) today said it plans to become over 3,300-Mw company by the end of the Eleventh Five-year Plan (2007-2012).
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"By March 2012 we would be able to generate over 3,300 MW of electricity," R-Power Chief Executive Officer JP Chalasani told reporters while inaugurating the first unit of the company"s Rosa Thermal Power Plant.
The 1,200 Mw Rosa Power Project, 600 Mw Butibori in Maharashtra and two 660 Mw units of Sasan Ultra Mega Power Projects in Madhya Pradesh would be commissioned by the end of the eleventh five-year plan, Chalasani added.
The company today announced the first 300 Mw unit of Rosa Power Project has commenced generation. The project is being set up in two stages of 600 Mw each, of which 300 Mw unit was inaugurated today.
The stage one of the power project will supply the entire power to Uttar Pradesh Power Corporation (UPPCL) for which a power purchase agreement was signed on November 12, 2006.
The coal for the project would be sourced from the Ashoka mines in Jharkhand.
The electricity generated from this power project would be fed into the grid (UPPCL) in six weeks from now.
The project involves an investment of Rs 6,000 crore.