Amelia North is in Madhya Pradesh and has a reserve of 70.28 million tonne. This is meant for the power sector and there are 11 qualified bidders for this, which include some of the major power players.
JP Power Ventures commissioned the Karcham-Wangtoo plant in 2011. “This additional capacity aided in posting better Q3 numbers, apart from merchant prices going up by Rs 1.5 that added to bottom line,” says Suren Jain, managing director of JP Power Ventures, speaking CNBC-TV18 about his third quarterly numbers.