Comments
Madhya Pradesh will get cheap power at a “levellised” rate of 119 paise per unit for the next 25 years from Reliance Power Ltd’s Sasan Ultra Mega Power Project (UMPP), an official release said here on Wednesday.
A meeting in this regard was held in New Delhi recently at the initiative of the Madhya Pradesh Power Management Company where it was decided that the state would get cheap power at the levellised rate of 119 paise per unit for the next 25 years, the release said.
The MP Power Management Company’s Managing Director (MD), Manu Shrivastava chaired the meeting in which representatives of other beneficiary states also took part. He said that Sasan Power Project will benefit 14 power utilities of seven states.
However, for the first two initial years, Madhya Pradesh would get power at 70 paise per unit, which is the minimum rate of power at present.
The Sasan UMPP would generate 3960 MW of power under which six units of 660 MW each would be established, of which the first unit began generating power from August 16 this year.
Madhya Pradesh would get 1485 MW out of the total power generation from this UMPP, which is 37.5 per cent.
Besides representatives of seven states, Sasan Power Ltd officials and independent engineers discussed various techical issues related to the project during the meeting, the release said.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.