Indiabulls Power links Amravati plant with transmission grid

NEW DELHI: Indiabulls Power today said it has started supplying 270 MW of power to transmission grid from its Amravati thermal power plant in Maharashtra.

" Indiabulls Power, the flagship company of Indiabulls Group for power business has announced the successful synchronisation of the first unit (270 MW) of its 1350 MW Amravati plant in Maharashtra with the Western Region grid," the company said in a statement.

The electricity from the plant is proposed to be supplied to Maharashtra State Electricity Distribution Company against the Power Purchase Agreement inked for supply of power for twenty five years.

Indiabulls Power is constructing a total of 5,400 MW comprising of two 2,700 MW Coal-based thermal power projects, one at Nandgaonpeth, Amravati District, Maharashtra and another at Sinnar, Nashik District, Maharashtra.

Shares of Indiabulls Power closed at Rs 10.77, up 0.65 per cent on the BSE.