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Friday, August 6, 2010

Reliance accelerates development of giant 7480MW Dadri project

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Reliance accelerates development of giant 7480MW Dadri project 
Reliance Power has fast-tracked its plans to construct the massive Dadri power generating facility in Uttar Pradesh. The 7480MW project will be the largest single-site, gasfired power station in the world and will cost an estimated UD4-5 billion.
Reliance Power is a Mumbai-based company in the Reliance Anil Dhirubhai Ambani Group(ADAG), and is a major developer and operator of power generation projects both inside India and internationally.
    The decision to accelerate the project schedule followed the India government's guarantee of natural gas fuel supplies to the proposed project site, which encompasses more than 2,000 acres of ADAG-owned property. Prior to receiving the government's fuel assurances, Reliance had already secured most of the necessary approvals for the project, including environmental clearance and water linkages.
    Remaining hurdles largely relate to Reliance's application to the government to designate the Dadri comples a Special Economic Zone(SEZ). While the site has been granted tentative SEZ status form the Commerce Ministry's Board of Approval, final reviews are still pending.
    Reliance hopes the status issues can be resolved and project financing finalized by September, in order to remain on-track for a planned project start before 2011.
    Meanwhil, Reliance has initiated negotiations with General Electric,Bharat Heavy Electricals and several other power equipmnet manufacturers for the supply of turbines,boilers and generator for the project.
    Plans call for the Dadri facility to be builtin two phases. The first phase will generate 3600MW of electricity and will incorporate four to five gas turbines.

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