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Unitech Machines bags contract for 250-MW plant

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Press Trust of India Lucknow
Last Updated : Jan 21 2013 | 6:57 AM IST

Uttar Pradesh Power Corporation Limited (UPPCL) has signed a Memorandum of Understanding (MoU) with Unitech Machines Limited (UMT) for setting up a 250-MW coal-fired power plant in Auraiya district, official sources said today.

The MoU was signed by Uttar Pradesh Energy Secretary and UPPCL Chairman and Managing Director Navneet Sehgal and UMT CMD V K Chhabra yesterday.

The company will invest Rs 1,250 crore to set up the proposed plant at Auraiya.

The project has a contractual completion deadline of four years and 90 per cent of the electricity produced would be utilised within the state.

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First Published: Dec 16 2010 | 12:07 PM IST

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