Reliance Power to generate over 3,300 mw by 12

Written by Noor Mohammad | Noor Mohammad | Rosa, Shahjahanpur | Updated: Dec 30 2009, 03:30am hrs
Anil Ambani-promoted Reliance Power Ltd on Monday announced that the first unit of its Rs.6,000 crore-Rosa power plant in Shahjahanpur district has started supplying electricity to UP Power Corporation ahead of the schedule. Reliance Power had no power generation capacity in place when it hit the market with initial public offer early last year, though it had several projects in pipeline.

Actually it was late Dhirubhai Ambani, Reliance Groups founder who had envisaged the groups foray into power generation. He had identified the sector as a key area for his groups future business growth. Dec 28 was his 77th birth anniversary. The company chose Dhirubhais birth anniversary to synchronize the first 300 mw of the Rosa power project with the grid as a tribute to the Reliance Group founder.

Dec 28 was a historic day for the state of Uttar Pradesh as well. Rosa is the first private thermal power plant to be set up in the state which is facing peak power shortfall of 22-23%, or 4,000 mw. Entire 600 mw power from the fist phase will be supplied to the state. Reliance is adding another 600 mw in the second phase, of which 300 mw will be states share while the rest is to be marketed by the developer as merchant power.

Operating at a plant load factor (PLF) of 80%, the Rosa plant will generate 9,000 million units of electricity a year. The electricity generated by the plant will light up 4 lakh homes and reduce loadshedding in the state by 25%, said JP Chalasani, Reliance Powers chief executive officer said a in media briefing held at the plant site.

The bulk of the power generated by the plant will be consumed in nearby districts. That means relatively low power transmission cost for the project.

The Rosa power project was originally envisaged for implementation by the Aditya Birla Group in 1994. However, the project was in limbo until it was taken over by Reliance Power in November 2006. The project site is located near the junction of the Delhi-Lucknow national highway and the Hardoi Road, which is 350 km from Delhi.

Reliance Power has project portfolio to develop 33,000 mw power generation capacity with an estimated investment of over Rs 1 lakh crore. It has bagged three out of the four ultra mega power projects bid out by the government so far. However, it has so far commissioned only 300 mw capacity.

But meanwhile, the company has expedited implementation work on under-construction power projects and expects to have a significant power generation capacity in operation by the end of the current plan.

The company expects to commission the 600 mw Butibori power project in Maharashtra, two units of the Sasan ultra mega power project with 660 mw capacity each, and the entire envisaged capacity of the Rosa power plant by March 2012,Chalasani said in a media briefing at Rosa.

The travel for this story was sponsored by Reliance Power