December 02, 2008

Reliance Rosa power plant to complete ahead of schedule

It is reported that Reliance Anil Dhirubhai Ambani Group promoted 1,200 MW Rosa power project at Shahjahanpur in Uttar Pradesh is slated to be completed by early 2010, nine months ahead of schedule.

According to sources, its construction is progressing and the first phase is all set to commence operation in the second quarter of 2009. Work on the second phase is expected to be completed by early 2010. While construction on stage I has gathered speed, EPC contract has been awarded for stage II to a consortium led by Shanghai Electric Company, which is also the EPC contractor for the first phase. It is expected that half of the power generated from the project would meet the requirements of UP. The remaining would feed neighboring states.

The INR 5,000 crore coal based power project is being developed in 2 stages of 600 MW each. The first phase of the project, costing INR 2,641 crore, has already achieved financial closure. To speed up the process, Reliance has obtained all statutory and regulatory clearances and approvals. Land, water and coal have already been arranged. During the first stage, the project will supply entire 600 mw to distribution companies in Uttar Pradesh.

Stage II of the project is also at an advance stage as statutory approvals from various authorities such as Airport Authority of India and Air Head Quarters have been obtained. The fuel for the coal fired plant would come from Jharkhand for which a long term supply linkage has been given. RPSCL has also signed a transportation agreement with Indian Railways.