Reliance Power exits Tilaiya UMPP for Rs 712.64 crore

Renewable Energy
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Reliance Power had announced the termination of Power Purchase Agreement (PPA) of its 3,960 MW Tilaiya UMPP in District Hazaribagh, in Jharkhand in April 2015. Based on tariff-based bidding managed by Power Finance Corporation (PFC), Reliance Power was awarded the Tilaiya UMPP in February 2009.

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