GMR Energy Ltd (GEL), the 100 per cent subsidiary of GMR Infrastructure Ltd having 220 MW power plant at Mangalore, had entered into a power purchase agreement (PPA) with Karnataka Power Transmission Corporation Ltd for sale of power, for a period of 7 years.


</p><tr><td><p class='TableClas'></p><P class='TableClas'> <DIV CLASS=rightDiv><script language="JavaScript">
		google_ad_client = 'businessstandard';
		//google_ad_client = 'ca-businessstandard_js';
		google_ad_width = 200;
		google_ad_height = 200;
		google_ad_format = "200x200_as";
		google_ad_type = "text";
		google_ad_channel = "";
		//google_color_border = "FFFFFF";
		google_color_border = "F7F7F7";
		//google_color_bg = "FFFFFF";
		google_color_bg = "ffffff";
		//google_color_link = "639ACE";
		google_color_link = "0253B7";
		google_color_text = "000000";
		google_color_url = "D63431";
		//google_skip = adsenseSkip;
		</script> 
		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>The PPA was later assigned to Bangalore Electricity Supply Company (BESCOM) and Mangalore Electricity Supply Company (MESCOM). </P>
</p><p class='TableClas'>The PPA expires on June 07, 2008. GMR Energy Ltd Board has approved relocation of the 220 MW barge mounted power plant to Kakinada, State of Andhra Pradesh. </P>
</p><p class='TableClas'>The relocation of plant would take maximum of 9 months and the plant is expected to be re-commissioned at new location latest by April 2009 and would operate on gas.&nbsp; </P></p></table>


GMR Energy to relocate Mangalore power plant

Also Read

K'taka High Court sanctions amalgamation scheme

Shares of Spicejet take off after acquisition talk

Deutsche, Merrill underwrite Indiabulls S'pore IPO

Reckitt launches Lizol for Indian market

Suzlon signs agreement with Areva

Explore News