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Sepco III bags contract for Mundra power project

Friday, 21 Sep 2007
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Adani Power (APL), a wholly owned subsidiary of Adani Enterprises has awarded a turnkey contract to Shandong Electric Power Corporation (SEPCO III) of China for setting up the second phase of the proposed 2,640 MW coal based power plant at Mundra.

In the second phase, the company proposed to set up 2 X 660 MW (1,320 MW) capacity plant and It has entered into an EPC (engineering procurement and construction) contract with SEPCO in early September 2007. The project is scheduled for completion by 2011.

The company is now implementing Phase-I of the project involving setting up of four 330 MW (1,320 MW) coal based units. The project is implemented on a non-turnkey basis and is slated to be commissioned in a phased manner beginning 2008.

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