September 29, 2020 14:54 (IST)
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Five new mega power projects
New Delhi, Feb 28(IBNS) The Government proposes to set-up five new Ultra Mega Power Projects, each of 4000 MWs in the plug-and-play mode.
Presenting the General Budget 2015-16 in the Lok Sabha on Saturday, Union Finance Minister Arun Jaitley said all clearances and linkages will be in place before the project is awarded by a transparent auction system.
This will unlock investments to the extent of Rs. 1 lakh crore.
The minister said the government will also consider similar plug-and-play projects in other infrastructure projects such as roads, ports, rail lines and airports.
Jatiley announced that the second unit of Kudankulam Nuclear Power Station will be commissioned in 2015-2016.
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