Cheyyur UMPP will make electricity unaffordable in TN; UMPP Policy Flawed: Report finds

PRESS RELEASE

CHENNAI. 20 May, 2015

Even as Tamil Nadu contends with rising electricity rates, a new report finds that the 4000 MW coal-fired power plant proposed in Cheyyur is not financially viable as it will place an upward pressure on electricity tariffs in the state. The report concludes that “Ongoing and planned grid and transmission improvements, competitive wind and solar prices, the existing pipeline of power projects in Tamil Nadu and greater resource planning have diminished the need for construction of Plant Cheyyur.”

Read full press release here

Read Executive Summary in English here

Read Executive Summary in Tamil here

Read Full Report in English here

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