Commissioning of HPPL's power plant likely in November.

Banguluru-based Hindustan Powerprojects Pvt Ltd. (HPPL), formerly known as Moser Baer Projects Pvt Ltd., has said its thermal power project in Madhya Pradesh is progressing and first unit of first phase is expected to come up in November this year.

The company is setting up its thermal power project of 2,520 MW in in Jaithari village of Anuppur district in Madhya Pradesh. The company is investing Rs. 7,500 crore in the first phase of the project. It had signed Fuel Supply Agreement (FSA) with South Eastern Coalfields Ltd. in 2010.

The plant, which is taking shape through a special purpose vehicle Moser Baer Madhya Pradesh Limited (MBMPL), is expected to come up in multiple phases is in proximity of coalfields of South Eastern Coalfields Ltd. and is close to power deficit markets of Maharashtra, Madhya Pradesh and Uttar Pradesh.


BS