In line of
Power Finance Corporation, UPPCL created
Special Purpose Vehicles (SPVs): • To attract private investment in the implementation of New Power Plant Projects in the state of Uttar Pradesh • To meet the growing power demand of
Uttar Pradesh state • To procure power at the lowest possible feasible rates The role of SPVs are - • Preparing feasibility report (including Technology, Size, Coal linkages, Land & Water issues), • Clearances (including environment clearances) & land acquisition, etc. These SPVs are transferred to a developer private company through bidding for the lowest per unit cast of selling electricity to UPPCL. UPPCL SPVs: •
Bara Thermal Power Project, Prayagraj Power Generation Company Limited (Tehsil - Bara, Distt. Allahabad) - 3 x 660 MW •
Tanda thermal power plant (
Ambedkar Nagar district) 4× 1680 MW, 4× 660 MW •
Karchana Thermal Power Station, Sangam Power Generation Company Limited (Tehsil - Karchana, Distt. Allahabad) - 2 x 660 MW (Under Construction) == References ==