The Hindu reported that TATA Power an India based private power producer would commission first two units of 800 MW each of the Mundra Ultra Mega Power Project at Gujarat in India by 2012.
According to the company, it would not go for new ultra mega power projects at this point of time and would bid for new UMPPs when the market conditions revive.
TATA Power said around 30% of the work at the Mundra UMPP has already been completed. It is in possession of land and has started work on putting up the main plant equipment.
Mr S Ramakrishnan ED of TATA Power told the Hindu that "We would bid for the 4000 MW ultra mega power projects only if it is not an imported coal-based project and the financial market should be good. We are already importing coal for the Mundra project. We are sourcing it from Indonesia where we have 30% stake in the coal blocks."
The 4000 MW Mundra project is expected to be fully commissioned by the end of 2013.
(Sourced from http://www.steelguru.com/news/index/2009/09/29/MTEzNjk3/TATA_Power_plans_to_commission_Mundra_units_by_2012.html)
Monday, September 28, 2009
TATA Power plans to commission Mundra units by 2012
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