Stone laid for Reliance Power's 300 MW project in Butibori

23 February 2009

Reliance Power is developing a 300-MW power project in Maharashtra's Butibori industrial area exclusively for the use of industrial units in the area. Maharahtra chief minister Ashok Chavan laid the foundation stone for the project on Sunday.

The coal-based power  project is being developed specifically for the industrial consumers under the group captive power projects (GCPP) model.

For this purpose, Reliance Power Limited and local industries in the MIDC region have launched a special purpose vehicle (SPV), called Nagpur Vidarbha Industries Power Limited.

The first group captive power project in the area, the plant is likely to be operational by 2011.

Priority will be given to industries in the MIDC areas of Butibori and Hingna for supply of power generated from this plant, followed by other industrial areas in the region. Surplus power will be supplied to industries in other regions through open access.

More than 200 industrial units in Butibori and Hingna areas are expected to get uninterrupted power supply once the project becomes operational.