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Adani Power to supply Mundra power to Gujarat, Haryana

Friday, 25 Jul 2008
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Adani Power has tied up for evacuation of 3,311 MW, from the total 4,620 MW Mundra facility, while surplus power will be sold to merchants and the SPZ.

The company has also submitted a bid to supply 1,420 MW from the proposed Tiroda power project to Maharashtra State Electricity Distribution Co (MSEDCL). The Adanis have placed orders for supply of equipment with China and other countries in respect of its projects at Mundra and Tiroda.

Recently, Adani Power received a LoI for supply of 1,311 MW of power, to be generated at Mundra, from the Haryana Power Generation Corporation, at a rate of Rs.2.94/ unit. It had also signed two PPAs with Gujarat Urja Vikas Nigam (GUVNL) for the supply of 1,000 MW of power produced from the Mundra I and II projects, and for the supply of another 1,000 MW from Mundra III. At Mundra I and II, it has 1,320 MW of generation capacity through sub-critical technology while at Mundra III, it has 1,320 MW of super-critical and at Mundra IV, 1,980 MW of super-critical facility.

Of the total 4,620 MW generated at Mundra at an investment of Rs.19,106 crore, 2,000 MW will be available to Gujarat and 1,311 MW to Haryana. In the case of Tiroda I and II, where Adani Power will invest Rs.9,263 crore to generate a total of 1,980 MW through coal-fired, super-critical technology, the company would be supplying 1,420 MW to Maharashtra, the surplus being sold to others.

In addition to its ongoing projects in Gujarat and Maharashtra, the company is going ahead with investment of Rs.8,881 crore for its 1,980 MW plant at Dahej in Gujarat and Rs.5,889 crore for the 1,320 MW plant at Kawai in Rajasthan.

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