GMR Infrastructure Ltd has informed BSE that M/s. GMR Vemagiri Power Generation Limited (GVPGL) at Vemagirisuccessfully commenced its operation from August 12, 2015 under the “Scheme for Utilization of Stranded Gas based power plants” as launched by Government of India (GoI) in the month of March, 2015. Capacity of plant is 370 MW and operating at 95% PLF at present thereby generating 350 MW and supplying power to AP Transco.Current Operations will continue upto September 30, 2015, thereafter GoI will call for a fresh round of bidding. The scheme envisages Government subsidies from the Power System Development Fund (PSDF) through a transparent ebid process.Source : BSE
Read all announcements in GMR Infra
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
