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Adani Power to reduce cost of Tiroda power project

Tuesday, 13 Jan 2009
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Adani Power Maharashtra, a wholly owned subsidiary of Adani Power, is in the process to revise the cost of critical equipment for its upcoming Tiroda coal based power project, which could reduce the investment by 10 per cent.

The 1,980 (3X660MW) Tiroda coal based power project in Gondia district of Maharashtra is being executed by Adani Power. It is learnt that the boiler, turbine and generator package for the project is to be supplied by Sichuan Machinery and Equipment Import and Export of China. In the current economic slow down, Adani is likely to revise the cost with the Chinese contractor, which is expected to reduce the project cost by Rs.800 crore.

Adani Power is developing the super critical coal-based power project at an estimated outlay of Rs.5,500 crore.

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