Reliance Power to double capacity of Rosa plant

Reliance Power will double the capacity its coal-fired power project in Rosa, Uttar Pradesh, to 2400MW.

An additional US$1.33 billion investment will be made by the company. The plant is expected to be fully complete by March 2012.

According to ifandp.com, the project was originally meant to be a 600MW project, which was then scaled up to 1200MW to make best use of the land available. The company is now looking to acquire additional land for the additional capacity. R-Power is expected to soon apply to the Indian government for the necessary clearance and finance will come from a consortium of banks led by IDBI Bank.

Power generation from the first 600MW phase of the project is expected to begin in a year’s time. The electricity will be supplied to the Uttar Pradesh Power Company Ltd under a Power Purchase Agreement.

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