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)
Related Links:
Project profile