Ultra Mega Power Project

As per the proposal, the ultra mega power project (UMPP) requires a total of 1,302.36 hectares, which includes 17.02 hectares of revenue forest land, 1,285 hectares of non-forest land and 1,105.86 hectares of private land.

Legal glitch may delay tenders for 3 UMPPs worth Rs 90K crore

Government may not be able to float tenders for three ultra mega power projects (UMPPs) entailing an investment of Rs 90,000 crore by March-end due to some legal glitch.

Power Grid board approves Rs 2.5K cr for transmission projects

The company's Board of Directors accorded approval for investment in seven transmission project proposals in their meeting held on January 12, Power Grid said in a BSE filing

Rel Power, Hindalco under scanner, SC to probe coal PIL

Supreme Court has initiated probe into roles of Reliance Power and Hindalco regarding their involvement in coal allocation cases.

Reliance Power starts boiler for sixth unit at Sasan UMPP

Reliance Power Friday said the boiler for its sixth and last unit at the 3,960 MW Sasan Ultra Mega Power Project in Madhya Pradesh has started functioning.

Tata Power falls 1%, to raise Rs 2000 cr via rights issue

"The board has approved raising funds upto Rs 2,000 crore by way of a rights issue of equity shares of face value of Rs 1 each subject to all applicable statutory and regulatory approvals," it said in a statement to the BSE.

Tata's Mundra plant gets tariff hike boost

As per a CERC order, state power utilities will now compensate Tata Power's Mundra power ultra mega power plant for losses of about Rs 329 crore logged in FY2012-13 in 36 monthly installments while losses notched up between April 2013 and February 2014 will be compensated via a Rs 0.52 per KwH tariff hike over the next 12 months.

Additional units to push Mundra UMPP losses higher: Moody's

The losses at Tata Power's 4,000 MW Mundra project "will mount" with additional units getting commissioned since the company can only partially pass on fuel costs to consumers, global rating agency Moody's said.

Advantage govt: Will collective memory of coalgate fade?

The Supreme Court, whle delivering opinion on presisidential reference, said there cannot be any constitutional restriction on means adopted to serve public good.

Reliance Power's Sasan plant connected to national grid

Reliance Power today said its 4,000 MW Sasan ultra mega power project in Madhya Pradesh has been connected to the national grid.

Coal production starts from 2 mines allotted to Sasan UMPP

Reliance Power today announced that coal production has started from two mines allotted to the company's Sasan Ultra Mega Power Project in Madhya Pradesh and the same would touch 20 million tonnes in the next four years.

Tata Power completes second 800 MW unit of Mundra UMPP

Tata Power has completed construction of the second 800 MW unit of its flagship Mundra ultra mega project in Gujarat, taking the company's overall capacity to over 6,000 MW.

Tata Power approaches CERC

Faced with losses at its 4,000 MW Mundra project due to expensive imported coal, Tata Power has moved the central electricity regulator CERC seeking higher tariff for power generated from the plant.

State electricity board must up end level tariffs: Expert

A longer term worry for those exposed to the SEBs is a recent IIFL report which points out that the finances of SEBs has taken a turn for the worse. Harshvardhan Dole VP Research - Institutional Equities of IIFL, talks about the report that he wrote.

Sasan Project CERs valued at Rs 2000cr for 10-yrs: RPower

JP Chalasani, CEO of Reliance Power told CNBC-TV18 that he expects carbon credits to start accruing from January 2013. He also values the certified emission reductions (CERs) at Rs 2,000 crore for 10-years. “At 15 euro if you sell it, it’s about Rs 2,000 crore. It depends upon what price you get at that point of time.