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Vemagiri Power Project

Company: Vemagiri Power Generation Ltd.
Ownership: G M R Group
Project Location: Vemagiri, Kadiam mandal, East Godavari District, Andhra Pradesh, India
Phone: 0883-3090473  Fax: 0883-2452312
Contact: G B S Raju / Director  Secondary Contact: Srinivas Bommidala / Vice CH

Project Status: Completed  Project Type/Scale: New Unit
Industry: Electricity Generation - Naphtha Based
Investment/Estimated Cost: Rs. 1,200.00 Crores / USD 300.00 Million
Wednesday, July 24, 1996Letter of Intent (LoI) received
Monday, March 31, 1997PPA (Power purchase agreement) signed
Saturday, July 5, 1997CCFI (Cabinet Committee on Foreign Investment) approval received
Thursday, September 24, 1998Date on which environmental clearance was received
Thursday, January 14, 1999CEA (Central Electricity Authority) approval received
Sunday, December 31, 2000Initial commissioning date
Saturday, June 30, 2001Expenses incurred till 1 (Rs. 6.57 Crores)
Sunday, June 30, 2002Expenses incurred till 1 (Rs. 10.50 Crores)
Monday, March 31, 2003Expenses incurred till 1 (Rs. 25.54 Crores)
Monday, March 31, 2003MoU signed
Wednesday, June 18, 2003PPA (Power purchase agreement) signed
Wednesday, December 10, 2003Financial closure achieved
Wednesday, June 30, 2004Revised commissioning date
Wednesday, July 14, 2004Project bids awarded
Monday, November 14, 2005Trial run commenced
Saturday, December 31, 2005Revised commissioning date
Monday, July 31, 2006Completed

More projects (By Vemagiri Power Generation Ltd.):
• Gujarat Thermal Power• Raibagh Sugar
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