These projects are - Koradi (3 units of 660 megawatt each), Chandrapur (500 mw x 2) and Parali (250 mw x1). The cost for Koradi project surged to Rs 14,881 crore against the budgeted Rs 13,848 crore, Chandrapur Rs 8,016 crore against Rs 6,853 crore and Parali Rs 2,345 crore against Rs 2,197 crore. Koradi's three units have been completed in 75 months, 86 months and 91 months against the contracted period of 51 months, 57 months and 63 months. The per megawatt cost for Koradi was reported at Rs 7.51 crore, for Chandrapur Rs 8.01 crore and for Parali Rs 9.38 crore. Then the question arises why MahaViatran should have a power purchase agreement with MahaGenco for Parali unit at all?,'' Pendse said.

Source: dna October 26, 2017 02:26 UTC