While 125 megawatt (MW) will be a lignite-based power plant another project will be a 1000 MW solar power plant, the Ministry of Coal said in a statement.
As power projects have become more and more intricate along with their ever-increasing cost overruns, both IPPs and contractors have become increasingly cautious about committing to lumpsum turnkey EPC contracts. IPPs are now exploring alternative strategies to retain contractor involvement while ensuring the economic viability of their most substantial projects
RP Singh, chief managing director, SJVN (Satluj Jal Vidyut Nigam Ltd) says the energy producing company will be commissioning its Rampur wind energy project in FY14.