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Uttar Pradesh okays seven new thermal power plants

Thursday, 22 Apr 2010
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The Uttar Pradesh Government on 20 April 2010 gave its approval for setting up seven new thermal power plants in the state.

The new plants are likely to entail a total investment of Rs 25,000 crore.

As per sources, each of these plants are coming up in the private sector and will be set up through the MoU route. Under the arrangement, the state government is expected to provide land and water for setting up and running the plant.

Five of the proposed plants are to be set up by Bajaj Hindustan (BHL) of 90 MW capacity each (earlier of 80 MW each). These are to come up in Pilibhit, Lakhimpur-Kheri, Shahjahanpur, Gonda and Utraula.

Bajaj Hindustan also given clearance to set up a 1,980 MW plant in Lalitpur, while Lanco Infratech received approval to set up a 1,320 MW thermal power station in Fatehpur.

Addendum:

Bajaj Hindustan signed an MoU with the Uttar Pradesh Government for setting up coal based power plants of 90 MW capacity each in Pilibhit, Lakhimpur-Kheri, Shahjahanpur, Gonda and Utraula.

The above projects are proposed to be undertaken either directly and/or through a SPV being subsidiary/affiliate company of BHL/consortium, as the case may be, is obligated to hold a minimum of 26 per cent equity. 

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