Reliance Power

Reliance Power to
start work on Chitrangi Power Project by October 2010

– July 2010

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Chitrangi Power Private Ltd (previously Madhya Pradesh Power Generation Private Limited) is a wholly owned subsidiary of Reliance Power which is developing a coal-based 3,960 MW power project at Singrauli District in Madhya Pradesh. The company is also planning to further augment the capacity of the project. The company was incorporated in September 2007. In October 2007, the company entered into a State Support Agreement with the Government of Madhya Pradesh for developing the project and for various initiatives and the government of Madhya Pradesh in turn consented to giving priority status for the project which would expedite the process of obtaining various approvals and clearances.

In just over two years, the company has made considerable progress in various development activities for this large power project. The land required for beginning of the construction activities has been acquired and initial construction activities have commenced at the site. The government has also sanctioned the water allocation from the Gopad River located 44 kms from the project site . The environment Clearance process has also been completed for the project.

The project would be using coal as the primary fuel which would be sourced from captive coal mines allocated to the company as well as from linkages which the Government may allocate for the project. The approval for using captive coal from the Sasan Coal mines located adjacent to the project has already been given by the Government of India.

The project would be using super-critical technology and would have six units of 660 MW each. The Engineering, Procurement and Construction (EPC) contract for the project has already been awarded to Reliance Infrastructure and the equipment ordering has also been finalized. The project is expected to begin generating power towards the end of the year 2014. The project is estimated to entail an investment of over Rs. 20,000 crores (US$ 4 bn). The financial closure process for the project has already begun and it is expected that the project would be financed at a debt-equity ratio of 75:25.

Power generated from the project is likely to be sold to consumers in the northern, western and southern regions of India. Power generated from the project would be evacuated both to the western and northern grids using transmission networks of states as well as central transmission utilities.

The management team already put in place for executing the project comprises power professionals with rich experience in the development of large power projects in the country.

 

Key Features

  • One of the largest pit-head coal based power project.
  • Project to employ clean super-critical technology.
  • One of the lowest cost of generation.

 

 

 

  • Impact of Project on Environment

    Reliance Power is committed to the wellbeing of both human life and of the environment in which they dwell.

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  • Project’s Social Welfare Plan

    In line with our Corporate Philosophy, we are in the process of putting in place a CSR and Rehabilitation.

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