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Jharkhand govt set to re-award Tilaiya ultra mega power project

The present central government has raised its commitment in renewable energy, announcing mega solar energy parks on the lines of UMPPs

electricity, power grid

After buying from Reliance Power the Special Purpose Vehicle (SPV) formed for execution of the 4,000 Mw Ultra Mega Power Project (UMPP) meant to come up at Tilaiya, the Jharkhand  government is looking to re-tender it. However, the future of the UMPP scheme itself, launched by the Congress-led UPA government at the Centre in 2006, remains uncertain. Demand is not there and there is no clarity on the new regulations for awarding these.  Also, the present central government has raised its commitment in renewable energy (RE), announcing mega solar energy parks on the ...