Business & Economy

Tata Power commissions second 525 MW unit of Maithon project in Jharkhand

NetIndian News Network

Mumbai, July 24, 2012

Tata Power, India's largest integrated power utility, today said it had commissioned the second 525 MW unit of  its Maithon Mega Power Project in Dhanbad, Jharkhand.

The first unit, also of 525 MW, was commissioned in September 2011, a press release from the company said.
The project has been implemented by Maithon Power Limited (MPL), a 74:26 joint venture between Tata Power and Damodar Valley Corporation (DVC).
Mr. Anil Sardana, Managing Director, Tata Power Limited, said, “We are happy to commission the second unit at Maithon Power Project. This project further reiterates successful public private partnership in power generation in the country. We are thankful to the Government of Jharkhand  and other stakeholders for their support throughout the project.”
Mr. Bhaskar Sarkar, CEO, Maithon Power Limited, said, “The commissioning of Maithon 525 MW Unit 2 is a significant milestone. We are happy to have completed the project despite huge challenges like availability and transportation of coal."
Spread over a total land of 1200 acres, MPL has signed the Power Purchase Agreements and power evacuation arrangement has been put in place by Power Grid Corporation of India Limited. In addition to supplying power to DVC, power from MPL will be exported to power deficit northern states of India.