![]() Financial Daily from THE HINDU group of publications Thursday, Jan 20, 2005 |
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Power Corporate - Announcements Dadri project in UP to be delayed Our Bureau
Mumbai, Jan. 19 RELIANCE Energy Ltd on Wednesday said its proposed 3,740-MW Dadri project in Uttar Pradesh will be commissioned by 2008-09. The Rs 10,000-crore project was to be commissioned by 2007-08 and was to receive gas from parent company Reliance Industries' KG gas fields. RIL had earlier said that its production schedule for the KG basin find had been delayed by a year to 2008. The company, however, indicated that REL might start the project earlier if it ties up gas supplies from another source. "There has been keen interest indicated by multinational global producers of gas for the project and in the event that gas availability can be tied up from sources other than RIL, the project start-up could be potentially accelerated," a statement to the stock exchanges said. REL had floated a global tender for gas supplies to the Dadri project.
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