MMRDA foraying into power generation

Mumbai Metropolitan Region Development Authority (MMRDA) is foraying into the power generation segment to ease the power shortage in the Mumbai Metropolitan Region. It plans to set up a Special Purpose Vehicle along with the Indian Railways, Mahagenco and CIDCO to finalise probable sites for the plant, which can generate between 800 MW to 1200 MW. MMRDA are in talks with CIDCO to find land in the region where a power plant can be set up. It has set aside a corpus of Rs 5 crore to undertake a detailed project evaluation to find out where the power plant will be set up.