Cabinet clears extension of 9 power project agreements

The state cabinet today approved extension of agreements for setting up nine power projects that were signed during the Mayawati regime.

Written by Express News Service | Lucknow | Published:June 8, 2012 2:46 am

The state cabinet today approved extension of agreements for setting up nine power projects that were signed during the Mayawati regime.

The Cabinet also approved change of location for three of these projects as requested by the companies. The three projects seeking change of location are — 1980 MW Bargarh Thermal Power Plant to be developed by Bajaj,250 MW Farukhabad Thermal Power Plant to be developed by Pareikh Alluminex and 320 MW Ghazipur Thermal Power Plant to be developed by Welspun Energy Ltd.

While Bargarh Thermal Power Plant has been shifted to Lalitpur,Farukhabad Thermal Power Plant has been shifted to Barabanki and Ghazipur Thermal Power Plant to Mirzapur. The issue of change of location of these three power plants was pending with the previous government.

“These nine projects have been given extension from six to 18 months taking into account the pan-India shortage of coal because of which there has been delay in giving coal linkages by Government of India. The government agreed to change of location of three power plants to facilitate water availability,” informed Industrial Development Commissioner Anil Kumar Gupta.

Awanish Awasthi,chairman-cum-MD of UP Power Corporation Ltd said that on June 11,Chief Minister Akhilesh Yadav would lay the foundation stone of the 1980 MW power project to be established by Neyveli Lignite Corporation in Ghatampur,Kanpur district.

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