The CEO of Reliance Power Ltd Mr. J P Chalsani has announced that the Rosa power plant's first 300 MW unit in Uttar Pradesh will go on stream by the end of this year.
Reliance Power Ltd has been developing a power project, which is coal-based in two stages with a capacity of 600 MW each. Reliance Power has invested Rs. 6000 crore for the whole project. The second phase of this project is expected to be completed by March
2012, which is way early than the planned schedule in twelfth year plan.
2012, which is way early than the planned schedule in twelfth year plan.
Rosa project took 33 months to complete as compared to the projected 40 months. On this success, Mr. J P Chalsani said, "This has been made possible by putting the project on fast track. The firm expeditiously obtained all the statutory and regulatory clearances and nods, took over the possession of the land and commenced construction at site within three months."
Reliance has contracted with Uttar Pradesh Power Corporation for selling the first phase of the power generation. Next phase's generation will be shared equally between UP Power Corporation and the company out of the state. The fuel supply for thepower plant is scheduled to be supplied from Jharkhand, under a long- term supply contract. Railway has been contracted for the coal transportation. And for providing the equipment, the company has selected Shanghai Electric (Group) Corporation, as EPC contractor for both the phases.
The Rosa project, which is of worth Rs. 6000 crore is expected to be the first thermal independent power producer in UP and will account around 20% of the total power generating capacity of the state.
Reliance Power took over the control of the project in November 2006, which was earlier being developed by Aditya Birla group till the year 1994.
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