Union Gov mulls new ultra mega projects in Orissa, Gujarat

New Delhi: The Centre has said that three new Ultra-Mega Power Projects, each having an installed capacity of 4,000 MW and entailing investments of over Rs 16,000 crore, could be set up in Orissa. This is in addition to nine UMPPs already proposed across the country, of which three have already been awarded to private players.

“Orissa has agreed for three UMPPs, for which special purpose vehicle would be set up by Power Finance Corporation (PFC),” Power Secretary Mr Anil Razdan told reporters here on Friday.

He said that it was likely that a fourth such project in Orissa and a new one in Gujarat could also be considered, which would take the total number of UMPPs to 14 in the country.

“The process to locate sites and potential purchasers (of power) will begin soon. There is a strong possibility that there could be a fourth UMPP in Orissa and another one in Gujarat,” Mr Razdan said on the sidelines of a seminar organised by CII.

The Government had decided to set up UMPPs of 4,000 MW each.