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Home > CGPL Mundra > Origin

Origin

The Government of India (GoI) launched the “Power for All by 2012” initiative in 2005. To stimulate the required capacity addition, GoI launched an initiative for facilitating the development of coal based Ultra Mega Power Plants (UMPPs), each of minimum 4000 MW capacity. UMPPs will provide cheaper power through economies of scale and use of super critical technology.

UMPPs are to be implemented through public private partnerships on build-own-operate (BOO) basis. The first UMPP of India, Mundra UMPP was awarded to Tata Power through a competitive tariff based bidding process.

Chronology

LOI received from MOP

28 December 2006

Share Purchase agreement with PFC

22 April 2007

Power Purchase Agreement with procurers

22 April 2007

Notice to proceed for Boiler (M/S Doosan) & STG (M/s Toshiba)

01 September 2007

 

 

 

 

 

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