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Reliance Power again raises issue of exiting Nellore power pjt

Press Trust of India  |  Amaravati 

Anil Ambani-led today once again told the government that it would pull out of the proposed Ultra Mega Power Project at in SPS district but did not submit any formal proposal in this regard, sources said.

The 4000-MW UMPP was sanctioned by the in 2007.

In January 2016, wrote to the Andhra Pradesh government that it wanted to terminate the project and asked the to take it over on the lines of the Tilaiya UMPP in

But the AP Power asked the company to submit a "clear exit proposal" and said the case of Tilaiya and were different and could not be linked.

The UMPP involved five states as powerproduced from the plant was supposed to be sold to Tamil Nadu, Karnataka, and Telangana, besides Andhra Pradesh.

did not submit any formal proposal over its exit from the KUMPP, said a top overseeing the matter

These issues came up for discussion during a meeting had with N Chandrababu Naidu at the Secretariat here this afternoon, sources said.

"Reliance said it wanted to exit the project citing non-availability of coal and escalation of costs as the main reasons.

But it did not submit any formal proposal as sought by the state government," the sources added.

The then YS had in 2007 allotted 2400 acres of land to Reliance for the UMPP.

Earlier, visited the hill shrine of Goddess Kanaka Durga, presiding deity of city, and offered prayers.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, May 14 2018. 22:35 IST