The Hindu Business Line : RNRL may buy overseas mines for AP mega project

The Anil Dhirubhai Ambani Group’s (ADAG) company Reliance Natural Resources Ltd (RNRL) may buy out some mines in Indonesia and Australia for dedicated fuel supplies to support the Krishnapatnam ultra mega power plant (UMPP).

RNRL, which is the supplier of fuels for ADAG power plants, is also in the process of firming up joint ventures for imported coal supply to execute the UMPP.

Providing an overview of the Reliance Power plants including two UMPPs which were awarded to the group, the Director of Reliance Energy Ltd, Mr Lalit Jalan, said that apart from the pit head Sasan UMPP project and the Krishnapatnam UMPP, the company was in the process of bidding for the Telia project too.

On the Krishnapatnam UMPP, Mr Jalan said the company had signed up with four States for the supply of power generated from the project and expects the special purpose vehicle Coastal Power created for the project to hand over the possession of land by the end of January 2008.

The effective date of implementation of this 4,000 MW project would be between 68 and 93 months and based on supercritical technology, with each unit of 800 MW. The necessary support infrastructure for imported coal evacuation is being made near Krishnapatnam with a dedicated port. This port is being developed by the Navayuga Group.

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