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Reliance Infrastructure bags Sasan UMPP EPC contract

Wednesday, 25 Jun 2008
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Reliance Infrastructure (earlier Reliance Energy) bagged the Rs.12,000 crore EPC contract from Reliance Power for the 4,000 MW Sasan ultra mega power project in Sidhi district of Madhya Pradesh.

Reliance Power had been in consultation with several international players to finalise the EPC contract. While most entities were not willing to complete the project within the time frame suggested by Reliance Power, the group company offered to complete the project within a year ahead of the scheduled 60 months since awarding the contract.

Reliance Infrastructure will complete the first plant of the 6X660 MW project within 42 months and the remaining five will be commissioned with an interval of three months. Reliance Infrastructure and Reliance Power is expected to soon finalise the (BTG) suppliers for the Sasan UMPP and financial closure is expected by October 2008.

Also See:

Reliance Infra ties-up with Black & Veatch (18-Jun-08)

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