Reliance Power has exited from the 4,000 MW Tilaiya UMPP in Jharkhand. The company has reached an out-of-court settlement with distribution utilities of 10 states, a little over six months after serving a notice for termination of the power purchase agreement for the project.
The new government has granted environment clearance to five projects. The latest reports show that a total of 394 projects are still awaiting approvals from the ministry of environment, forests and climate change.
Reliance Power has booked a year's coal supply for its 600 MW plant at Butibori through forward e-auction organised by Western Coalfields. This was the first ever forward e-auction for a cost plus mine, wherein coal is supplied through a dedicated mine.
The fourth 660 MW unit of Sasan Ultra Mega power Project launched by the Reliance Power in Madhya Pradesh has commenced electricity generation. Post commissioning of the fourth unit, total operational capacity of the plant has reached 2,640 MW.