Ahmedabad:
Adani Power Limited said on Saturday that it has won a tightly bid bid to supply 1500 MW (NET) thermal power to Uttar Pradesh.
As part of the contract, India’s largest private sector thermal power generator Greenfield 2×800 MW (1500 M
It is ahead for the Uttar Pradesh cabinet approved the project earlier this month. The company will now sign a long -term power supply agreement (PSA) under the Award (LOA) with Uttar Pradesh Power Corporation Limited (UPPCL).
“We are happy to win a competitive bid to supply a 1,500 MW power to play a leading role in meeting the state’s rapidly growing power demand. We plan to set up a modern and low emissions ultra-supercratical plant in UP and aims to start the supply of reliable and high-quality power by FY30.”
Khayalia said that the Adani power plant and the installation of the related infrastructure would invest $ 2 billion.
The project is expected to generate direct and indirect employment of 8,000-9,000 during the construction phase and 2,000 in operation.
The demand for thermal power in UP is scheduled to increase by 2033-34 to 11,000 MW, due to factors like industrialization, urbanization and modernization. This 1,500 MW order is part of the government’s initiative to meet the demand for that future.
This is the second major PSA dialect that the company has won in the last one year, after receiving 6,600 MW (1600 MW thermal and 5000 M
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