Lucknow, May 6 (UNI) The Uttar Pradesh government on Tuesday gave permission to the Adani Group to set up a new thermal project of 1,600 megawatt (MW) in Mirzapur district.
During a meeting chaired by Chief Minister Yogi Adityanath the proposal to set up a 1,600 MW thermal plant in Mirzapur on the basis of competitive minimum bidding of the Adani Group was approved. The new project is expected to come into operation by 2030-31.
The government has decided to buy a total of 1,500 MW of energy from this 1,600 MW capacity thermal project through a bid process for 25 years. The lowest tariff rate of Rs 5.38 per unit has been offered in the bidding process. This will save UP Power Corporation Limited (UPPCL) about Rs 2,958 crore in 25 years.