The government has announced that it has permitted a Rs. 14,000-crore special economic zone (SEZ) project of Adani Power in Jharkhand, which will export entire power produced to Bangladesh.
The project was sanctioned by chief decision making body on SEZ - Board of Approval - chaired by the commerce secretary, in its meeting on February 25, the government official believed.
Adani Power (Jharkhand) Ltd has pursued approval for setting up of sector definite SEZ for power at villages - Motia, Mali, Gaighat and adjacent villages in Godda district, Jharkhand over an area of 425 hectare.
Two supercritical units of 800 MW each would be set up with an outlay of Rs 14,000 crore which would include setting up of a water pipeline and power evacuation system.
It will be complete by the end of 2022. The company has already contracted power purchase agreement for supply of 100 per cent power generated from this plant to Bangladesh.
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