Under "Scheme for Utilization of Stranded Gas based power plants"
GMR Infrastructure announced that GMR Vemagiri Power Generation (GVPGL) at Vemagiri successfully commenced its operation from 12 August 2015 under the Scheme for Utilization of Stranded Gas based power plants as launched by Government of India (GoI) in the month of March, 2015. Capacity of plant is 370 MW and operating at 95% PLF at present thereby generating 350 MW and supplying power to AP Transco.Current Operations will continue upto 30 September 2015, thereafter GoI will call for a fresh round of bidding. The scheme envisages Government subsidies from the Power System Development Fund (PSDF) through a transparent e-bid process.
Powered by Capital Market - Live News