Reliance Power places $10 Billion equipment order for 32,000 MW

Reliance Power places $10 Billion equipment order for 32,000 MW

Reliance Power, a part the Anil Dhirubhai Ambani Group, Thursday said it has awarded a $10-billion contract to a Chinese firm to provide power plants equipment of 32,000 MW capacity.

China's Shanghai Electric Corp (SEC) has been contracted to provide boilers, turbines and generators to Reliance Power's coal-based power plants, including the supply of 42 units of 660 MW each using what is called super critical technology.

"The strategic cooperation between Reliance Power and a leading global supplier like the Shanghai Electric Corp will enable faster project execution of our projects," said J.P. Chalasani, chief executive of Reliance Power.