ADAG to set up 8,000 Mw gas based plant in Gujarat
Anil Dhirubhai Ambani Group (ADAG) company Reliance Power, is close to finalising a gas-based power plant in Gujarat with a capacity of 7,000 Mw to 8,000 Mw. This would entail an investment of around Rs 30,000 crore based on investment levels that are normally required for power projects at present.
The company has short listed Bharuch and Dahej as possible locations for the proposed plant. The move, of course, does not mean the group is giving up on its proposed 7,800 Mw power project at Dadri in Uttar Pradesh, which is facing problems related to land acquisition. In fact, R-Power had been looking for alternative locations earlier, in case the Dadri plant did not materialise.
It has had talks with Maharashtra, Gujarat and Andhra Pradesh governments on the issue. The east-west gas pipeline – which is being built by the Mukesh Ambani-led Reliance Industries from Kakinada to the west coast – will run through these three states.
R-Power is also building a 1,400-Mw, gas-powered plant in Sambalpur Orissa, where there is scope to expand capacity because additional land is available. The process of getting approvals for the expansion is in an advanced stage. Besides, the company is also setting up another 4,000 Mw, gas-based power plant in Shahpur, Maharashtra. It has received bids for equipment supply and construction. Environmental clearances and land acquisition are also being worked out. Overall, R-Power is implementing power projects with an aggregate capacity in excess of 35,000 Mw.
ADAG is having only plans on paper and eating sharholders money. we have example of RNRL now. Anil ambani should be banned from business and should be behind bars like ramlingam raju
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