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Adani Power receives LoI from Madhya Pradesh

Monday, 15 Feb 2010
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Adani Power has received an LoI from the Madhya Pradesh Government to develop a 1,320 MW power project at Chhindwara.

As per the LoI, 300 ha, presently in possession of Madhya Pradesh State Electricity Board along with the infrastructure facilities, shall be transferred to Adani. Unit I of 660 MW shall be commissioned within a period of 42 months from the date of Lol.

Besides, Energy department of the state will support and make recommendations to Union Government for obtaining coal linkage/captive coal block for the project. All the required necessary statutory clearances for development of the project shall be the responsibility of the company.

Also See:

Adani Power plans projects in Madhya Pradesh, Gujarat (03-Feb-10)

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