Tata Power Roped In Korean Firm For Mundra Project

Tata Power has roped in Korea-based Doosan Heavy Industries and Construction Ltd for supercritical boilers for its Mundra ultra mega power project. The company said the deal would cover 45 per cent of the total ordering under this project. The 4,000-MW project will cost Rs 16,000 crore. Tata Power had recently announced the acquisition of Coastal Gujarat Power Ltd, a special purpose vehicle formed for the project. Last month, Power Finance Corporation transferred Coastal Gujarat Power Ltd to Tata Power. The boilers are for five units of 800 MW each, said a statement from Tata Power. This would be the first instance of an 800-MW unit in India.