New Delhi: The Cabinet Committee on Investment has cleared Reliance Power’s Tilaiya ultra-mega power project (UMPP) in Jharkhand, according to sources.
RPower may not have to provide non-forest land to compensate for the loss of forest land acquired for the proposed plant, they said.
They also said the company’s 4,000-MW Tilaiya plant is now expected to be treated on a par with the other public sector projects and therefore would be exempted from providing compensatory afforestation for the loss of forest land.
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Odisha, Tamil Nadu UMPPs attract bids from 12 companies
As many as 12 companies, including Tata Power, Adani Power, Vedanta and state-run NTPC, are in the fray for two proposed ultra mega power projects in Odisha and Tamil Nadu.
Five companies have shown interest in the Odisha UMPP and seven utilities have lined up for the Cheyyur UMPP in Tamil Nadu, according to sources who did not provide a break-up of the bids.
UMPPs are large power projects that use domestic or imported coal. Each has a capacity of about 4,000 MW and requires an estimated investment of Rs 20,000 crore.
Other bidders include Jindal Steel & Power and a consortium of NHPC, BHEL and Singareni Collieries Company, the sources said.