Reliance Power has received Cabinet Committee on Investment’s (CCI) approval for its Tilaiya ultra mega power project in Jharkhand. Tilaiya power plant is likely to be accomplished by Jharkhand Integrated Power, a Special Purpose Vehicle (SPV) which was handed over to Reliance Power in January 2009 by Power Finance Corporation -- the nodal agency for UMPPs.
Tilaiya would be the fourth UMPP to be awarded to a developer. Earlier, two UMPPs bagged by Reliance Power are those of Sasan (Madhya Pradesh) and Krishnapatnam (Andhra Pradesh). Tata Power is operating the Mundra UMPP in Gujarat.
Reliance Power is a part of the Reliance Anil Dhirubhai Ambani Group and is established to develop, construct and operate power projects domestically and internationally.
Tilaiya would be the fourth UMPP to be awarded to a developer. Earlier, two UMPPs bagged by Reliance Power are those of Sasan (Madhya Pradesh) and Krishnapatnam (Andhra Pradesh). Tata Power is operating the Mundra UMPP in Gujarat.
Reliance Power is a part of the Reliance Anil Dhirubhai Ambani Group and is established to develop, construct and operate power projects domestically and internationally.
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