Reliance Power to double capacity of Rosa plant

Reliance Power will double the capacity its coal-fired power project in Rosa, Uttar Pradesh, to 2400MW.

An additional US$1.33 billion investment will be made by the company. The plant is expected to be fully complete by March 2012.

 
According to ifandp.com, the project was originally meant to be a 600MW project, which was then scaled up to 1200MW  to make best use of the land available. The company is now looking to acquire additional land for the additional capacity. R-Power is expected to soon apply to the Indian government for the necessary clearance and finance will come from a consortium of banks led by IDBI Bank.

 

Power generation from the first 600MW phase of the project is expected to begin in a year’s time. The electricity will be supplied to the Uttar Pradesh Power Company Ltd under a Power Purchase Agreement.