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Reliance Power begins production from coal blocks ahead of schedule
SME News, Monday, Sep 10, 2012 11:18:59 AM IST
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NEW DELHI: Reliance Power has announced that it has started production from its blocks Moher and Moher-Amlohri extension in Madhya Pradesh, ahead of schedule.
The two coal blocks will be used as fuel source for the 4,000 MW Sasan Ultra Mega Power Plant and are under the scanner of the IMG reviewing the status of coal block allocation.
R-Power CEO JP Chalasani said, “We have informed the IMG that coal production at Moher and Moher-Amlori Extension coal block has already commenced. We have also told them that the coal production has started ahead of schedule.”
He was presenting Reliance Power's views to the IMG in the backdrop of a show-cause notice issued to the Anil Ambani Group firm in May this year for delay in developing the two blocks.
Bhushan Steel, Tata Sponge Iron and GVK Power are some of the other firms that presented their side of the story on the delays to the IMG today.
Besides Reliance Power, other ten firms, including Monnet Ispat, Electrosteel, Usha Martin, Adhunik Alloys and Power, Jayaswal Neco and Corporate Ispat, presented their views on the reasons for the delay in developing their mines, to the panel.
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