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UP Electricity com quashes setting up of 4 thermal plants

Lucknow: Uttar Pradesh Electricity Regulatory Commission (UPERC) has quashed setting up of four thermal power plants of over 1700 MW capacity saying the companies were lagging far behind in completing the projects despite being given two extensions.

"UPERC has quashed setting up of four thermal power plants totalling 1760 MW capacity as the plants were nowhere
near completion despite two extensions", a UPERC official said here today. He said every aspect of the project was taken into account before arriving at the decision.

The projects were also affected due to lack of coal linkage. The projects that were cancelled are: the 250 MW power
plants proposed to be set up by Parekh in Barabanki, 600 MW plant to be set up by Creative Thermolite in Murka, 250 MW by Unitech in Auraiyya and 660MW power plant by Torrent in Sandila.

These projects were proposed to be set up during previous Mayawati government regime in 2008 under the Memorandum of Understanding route but could not be executed for lack of coal linkage. The present Samajwadi Party government had given 18 months extension to these projects in June 2012 and again in Dec 2013.

Besides these, the commission has cleared four projects - 1980 MW Lalitpur power plant to be developed by Bajaj group,
1320 MW power plant to be developed by Himavat in Bhognipur, 1320 MW by Lanco in Bhoginipur and 1320 MW power plant to be developed by Welspun in Ghazipur.

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