9 power projects to get ‘green’ light
A clutch of large power projects, with a total generation capacity of 39,567 mw, is expected to receive final environmental clearance this month. The environmental appraisal committee for thermal power projects, attached to the ministry of environment & forests, will take up the nine proposals at its meeting this week.
Each of the projects will add at least 1,000 mw to the national grid. The list includes the 4,000-mw Mundra ultra mega power project, a 3,330-mw Adani group project in Gujarat, besides a 2,000-mw ISN International pithead project in Madhya Pradesh.
The committee's approval will enable the promoters to go for financial closure. Environmental approval is one of the major clearances that financial institutions require for the release of project finance.
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Each of the projects will add at least 1,000 mw to the national grid. The list includes the 4,000-mw Mundra ultra mega power project, a 3,330-mw Adani group project in Gujarat, besides a 2,000-mw ISN International pithead project in Madhya Pradesh.
The committee's approval will enable the promoters to go for financial closure. Environmental approval is one of the major clearances that financial institutions require for the release of project finance.
To read the full article, click here...
To read the ePaper, visit: http://epaper.financialexpress.com
Labels: adani group project, appraisal, gujarat, power projects, project finance, promoters, proposals, thermal power projects
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