Power Update

GAIL to form JV with NTPC

March 2010

State-run GAIL India plans to join NTPC in the proposed 2,000 MW power plant adjacent to the Dabhol plant in Maharashtra.

The company plans additional capacity of 2,000 MW at the site with an estimated cost of about Rs 8,000 crore.The plant is currently generating about 950 MW. Ratnagiri Gas Power Pvt Ltd (RGPPL), the new owner of the Dabhol power plant and the adjacent liquefied natural gas (LNG) receipt facility aims to reach full capacity generation of 1,950 MW by March 2010.

Contact: GAIL. Tel: 011-2617 2580. Fax: 011-2618 5941. Website: www.gailonline.com