No final decision on scrapping SPVs for four UMPPs: Govt

No final decision has been taken to scrap special purpose vehicles set up for four ultra mega power projects in Maharashtra, Odisha, Karnataka and Chhattisgarh.
"No final decision has been taken to wind up the four special purpose vehicles (SPVs)," Power Minister Piyush Goyal said in a reply to the Lok Sabha today.
Activities in the ultra mega power projects (UMPPs) -- Maharashtra, Odisha (second additional UMPP), Karnataka and Surguja in Chhattisgarh -- are stuck due to various reasons, including agitation by local people and non-identification of a suitable site.
Goyal added that around Rs 96.82 crore has been spent by SPVs set up for these UMPPs.

According to the minister, the Chhattisgarh government has said it in not keen on setting up of 4,000-mw UMPP in the state.
Four UMPPs, namely Sasan in Madhya Pradesh, Mundra in Gujarat, Krishnapatnam in Andhra Pradesh and Tilaiya in Jharkhand, have already been transferred to the developers, he said.

"Out of the four awarded UMPPs, two namely Mundra and Sasan are in operation," the minister said.
The minister said 6x660 mw Sasan UMPP in Madhya Pradesh, which was awarded and transferred to Reliance Power in 2007, is fully commissioned.
The 5x800 mw Mundra UMPP in Gujarat, which was awarded and transferred to Tata Power in 2007, also stands fully commissioned, he added.