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Basin Bridge Power Project

Company: G M R Industries Ltd.
Ownership: G M R Group
Project Location: Basin Bridge Road, Distt. Chennai, Tamil Nadu, India
Contact: S. Suryanarayana Murthy / MD  Secondary Contact: N.N. Pai / Chairman

Project Status: Completed  Project Type/Scale: New Unit
Industry: Electricity Generation - Fuel Oil Based
Investment/Estimated Cost: Rs. 825.00 Crores / USD 206.25 Million
Friday, January 13, 1995MoU signed
Saturday, July 1, 1995Date of announcement
Wednesday, August 30, 1995State government approval received
Tuesday, September 5, 1995CEA (Central Electricity Authority) approval received
Wednesday, December 13, 1995Date on which environmental clearance was received
Thursday, September 12, 1996PPA (Power purchase agreement) signed
Tuesday, January 21, 1997CCFI (Cabinet Committee on Foreign Investment) approval received
Wednesday, June 18, 1997Financial closure achieved
Thursday, December 31, 1998Initial commissioning date
Sunday, March 28, 1999Completed
Wednesday, March 31, 1999Revised commissioning date

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