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Adani group has received extension for Sarguja power plant till FY20

The Adani Group had got the extension for setting up 540 Mw power plant in Chhattisgarh’s Sarguja region till 2019-20.

According to the Environment Clearance (EC) guidelines, the company was supposed to commission the power plant by April 2015- within two years of starting the coal production in April 2013.

The Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RRVUNL) citing delays on account of legal interventions, requested for amendment in the EC which was finally considered.

The EC amended notification said that “The linked 4×135 Mw FBC (Fluidized Bed Combustion) based power plant shall be commissioned in 6-7 years.”

Read EquityPandit’s Technical Analysis on Nifty Energy 

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