Central Government/Public Sector | Multi State - India | PID: 181753
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The Central government is examining a proposal to bid out Ultra Mega Power Projects (UMPPs) to meet the rising power demand in the country. UMPPs are 4,000 MW super thermal power projects (both pit head and imported coal-based)
The UMPP programme was launched in November 2005 with an objective to develop large capacity power projects in India by providing to developers services like land, coal, fund tie-up and clearances under one roof
Under this scheme, two projects at Mundra and Sasan were set up and made operational by Tata Power and Reliance Power, respectively. Reliance Power exited the Tilaya UMPP earlier in 2018 and is trying to exit Krishnapatnam UMPP, after which no UMPP was bid out
The Power Finance Corporation (PFC) was appointed as Nodal Agency to facilitate the development of these projects
| Updated on: 19 - Oct - 2018
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