ALL >> Investing---Finance >> View Article
Chhattisgarh Surguja Umpp 14th Time Unlucky
Chhattisgarh Surguja Power Ltd’s efforts to find a developer have failed once again. The power company, a wholly owned subsidiary of Power Finance Corporation Ltd., has once again extended the last date for submission of response to global invitation floated to pre-qualify a developer for its proposed Chhattisgarh Surguja Ultra Mega Power Project (UMPP).
Poor response from the private developers has forced Chhattisgarh Surguja Power to postpone the submission date for the 14th time since it originally published the global invitation in March 2010. The RfQ is now slated to be opened on 3 October 2013.
Chhattisgarh Surguja Power plans to set up a 4,000 MW coal based power unit near Salka-Khameria villages at Udaypur tehsil in Surguja district of Chhattisgarh on BOO basis. The project will spread over 2,500 acre of land. Of the total required land, about 1,200 acre will utilised for setting up the power plant, 1,000 acre for ash dam, 200 acre for water conservation and 100 acre for developing a housing complex for staff members.
Private power developers’ interest in setting up UMPPs has waned in the recent ...
... years for several reasons. Non availability of land, coal linkage, rise in price of imported coal, non availability of equipments are some of the main project hurdles faced by power promoters.
As a result, of the total 16 UMPPs initiated by the government, only 4 UMPPs were handed over to private parties. Of this one, the Mundra UMPP has been completed and the other three are under various stages of implementation. The balance 12 UMPPs are still awaiting for developers.
UMPPs awaiting developers
Project Promoter Progress
Surguja UMPP Chhattisgarh Surguja Power Tendering stage
Sundergarh UMPP Orissa Integrated Power Tendering stage & awaiting environment clearance
Cheyyur UMPP Coastal Tamil Nadu Power Awaiting environment clearance
Tatiya Andhra UMPP Tatiya Andhra Mega Power Planning stage
Deoghar UMPP Deoghar Mega Power Awaiting environment clearance
Orissa UMPP (2) Sakhigopal Integrated Power Awaiting state government approval
Orissa UMPP (3) Ghogarpalli Integrated Power Co. Awaiting state government approval
Munge UMPP Coastal Maharashtra Mega Power Planning stage
Tadadi UMPP Coastal Karnataka Power Planning stage
Bihar UMPP Power Finance Corporation Location approved by CEA
Tamil Nadu UMPP (2) Power Finance Corporation Nascent
Gujarat UMPP (2) Power Finance Corporation Nascent
Add Comment
Investing / Finance Articles
1. How To Use A Loan Against Property To Pay Off Your Existing Home LoanAuthor: Himanshu Kumar
2. Top Crypto Wallet: A Comprehensive Guide For 2024
Author: Lily Chan
3. Heavy Equipment Loans For Bad Credit: A Guide To Securing The Tools You Need
Author: Bad Credit Business Loans
4. Retired And Need Extra Cash? Here’s How A Car Title Loan Can Help You Today!
Author: Ez Car Title Loans
5. Why Edmonton Mortgage Brokers Are Your Best Ally In Securing A Home
Author: Evan Clarke
6. Daily Crypto Trading Signals: A Key To Smarter Trading Decisions
Author: Theli Amnoah
7. Milta: Revolutionizing Business Growth With Smart Outsourcing Solutions
Author: Miltafs
8. Unlock Exclusive Investment Opportunities And Maximize Your Returns With Unlisted Capital
Author: Unlisted Capital
9. How To Analyze Crypto Market Trends For Successful Trading?
Author: AL
10. How To Pay Your Rent Using A Credit Card In 2025
Author: Somesh Das
11. Reliable Small Business Bookkeeping Services In Perth Wa
Author: Arnav Arora
12. Ncdex Signs Mou With Colombo Stock Exchange To Boost Commodity Derivatives Trading
Author: Unlisted Capital
13. Smart Loan Tips: Best Practices For Managing Loans In The Usa
Author: Loan Expert
14. 8 Essential Checks Before Buying An Under-construction Property
Author: Neil Consultancy
15. Crude Oil Trading
Author: sky trade