Ultra Mega Power Project definition

Ultra Mega Power Project means a power project based on supercritical coal thermal technology or more efficient technology, with installed capacity of 3960 Mega Watt (MW) or above or such other capacity as may be stipulated by the Central Government, from which power procurement is tied up by procurers in more than one State or Union Territory, through tariff based competitive bidding initiated through a Central Government initiative under the Guidelines for Determination of Tariff Through Transparent Process of Bidding for Procurement of Power from Ultra Mega Power Projects notified by Central Government under section 63 of the Electricity Act, 2003 (No. 36 of 2003); and
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Examples of Ultra Mega Power Project in a sentence

  • The Company developed the country’s first Ultra Mega Power Project at Mundra (Gujarat) based on super-critical technology.

  • It was incorporated on 26th April 2012 for the development of Ultra Mega Power Project in the state of Jharkhand.

  • Coastal Tamil Nadu Power Limited (CTNPL) was incorporated on 9th January, 2007 under the Companies Act, 1956 as a wholly owned subsidiary (and a shell company) of Power Finance Corporation Limited for the development of Cheyyur Ultra Mega Power Project (UMPP) in the state of Tamil Nadu.

  • On behalf of the proposed Ultra Mega Power Project, CKPL has been established to undertake preliminary studies and to facilitate tie-ups of inputs, linkages and clearances for the projects such as water, land and environment clearance before transfer of company.