Reliance Power raises again issue of exiting Nellore power project; Anil Ambani meets N Chandrababu Naidu

Amaravati: Anil Ambani-led Reliance Power on Monday once again told the Andhra Pradesh government that it would pull out of the proposed Ultra Mega Power Project at Krishnapatnam in SPS Nellore district but did not submit any formal proposal in this regard, official sources said.

The 4000-MW UMPP was sanctioned by the Union government in 2007.

In January 2016, Reliance Power wrote to the Andhra Pradesh government that it wanted to terminate the project and asked the state government to take it over on the lines of the Tilaiya UMPP in Jharkhand. But the AP Power Transmission Corporation Limited asked the company to submit a "clear exit proposal" and said the case of Tilaiya and Krishnapatnam were different and could not be linked.

The Krishnapatnam UMPP involved five states as power produced from the plant was supposed to be sold to Tamil Nadu, Karnataka, Maharashtra and Telangana, besides Andhra Pradesh.

File image of Anil Ambani. Reuters.

File image of Anil Ambani. Reuters.

Reliance Power did not submit any formal proposal over its exit from the KUMPP, said a top official overseeing the matter.

These issues came up for discussion during a meeting Anil Ambani had with Chief Minister N Chandrababu Naidu at the Secretariat here this afternoon, official sources said.

"Reliance said it wanted to exit the project citing non-availability of coal and escalation of costs as the main reasons. But it did not submit any formal proposal as sought by the state government," the sources added.

The then Y S Rajasekhara Reddy government had in 2007 allotted 2400 acres of land to Reliance for the UMPP.

Earlier, Anil Ambani visited the hill shrine of Goddess Kanaka Durga, presiding deity of Vijayawada city, and offered prayers.


Updated Date: May 15, 2018 08:31 AM

Also Watch

Social Media Star: Abhishek Bachchan, Varun Grover reveal how they handle selfies, trolls and broccoli
  • Monday, July 16, 2018 It's a Wrap: Soorma star Diljit Dosanjh and Hockey legend Sandeep Singh in conversation with Parul Sharma
  • Monday, July 16, 2018 Watch: Dalit man in Uttar Pradesh defies decades of prejudice by taking out baraat in Thakur-dominated Nizampur village
  • Monday, July 16, 2018 India's water crisis: After govt apathy, Odisha farmer carves out 3-km canal from hills to tackle scarcity in village
  • Sunday, July 15, 2018 Maurizio Sarri, named as new Chelsea manager, is owner Roman Abramovich's latest gamble in quest for 'perfect football'