Anand Jain controlled Jai Corp is planning to set up three power projects with a combined capacity of about 6,200 MW, through its associate companies in Raigad, Maharashtra.
Jai Corp's associate companies are Urban Energy Generation Pvt Ltd (UEGPL), Urban Energy Distribution and Urban Energy Transmission. UEGPL, a SPV has been accorded the status of a co-developer by the BoA.
The company is likely to implement its 2,000 MW power plant at Dronagiri node of Navi Mumbai SEZ in Uran taluka in three phases. Environmental and coastal regulation zone clearances have already been secured for the proposed project. Besides, the Maharashtra government has issued support letter for its 2,100 MW power plant at Vangni Tarfe Taloja in Panvel taluka and another 2,100 MW power plant at Kondgaon, Nagothane in Roha taluka.
Source : ProjectsToday |