GMR Energy Ltd (GEL), the 100 per cent subsidiary of GMR Infrastructure Ltd having 220 MW power plant at Mangalore, had entered into a power purchase agreement (PPA) with Karnataka Power Transmission Corporation Ltd for sale of power, for a period of 7 years.


</p><tr><td><p class='TableClas'></p><P class='TableClas'> <DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>The PPA was later assigned to Bangalore Electricity Supply Company (BESCOM) and Mangalore Electricity Supply Company (MESCOM). </P>
</p><p class='TableClas'>The PPA expires on June 07, 2008. GMR Energy Ltd Board has approved relocation of the 220 MW barge mounted power plant to Kakinada, State of Andhra Pradesh. </P>
</p><p class='TableClas'>The relocation of plant would take maximum of 9 months and the plant is expected to be re-commissioned at new location latest by April 2009 and would operate on gas.&nbsp; </P></p></table>


GMR Energy to relocate Mangalore power plant

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