Mumbai: Tata Power Company Limited, India's largest private power company, has signed a contract with Toshiba Corporation for supply of five 800 MW steam turbine generators for the first 4000 MW ultra mega power project (UMPP) at Mundra, Gujarat.
The scope of the engineering project contract with Toshiba Corporations includes design, manufacture, testing and supply of equipment related to the steam turbine generator packages for the five units of 800 MW each. They will also be associated with supervision of commissioning of the turbines.
Tata Power will be the first company to usher in the era of 800 MW units in India. This move will also help accelerate the pace of the project by not only ordering the equipments quickly but also tying up with world technology providers like Toshiba and Doosan Heavy Construction Ltd., ahead of schedule, Tata Power said in a statement.
"This agreement is a significant step towards our drawing on the technical expertise of a strong international player like Toshiba. This partnership will provide an excellent technical solution for Mundra UMPP which is also cost competitive," Prasad R. Menon, managing director, Tata Power, said.
"We are very happy to partner with Tata Power for the first 4000 MW Mundra UMPP and support their pioneering effort of bringing 800 MW sized unit based on super-critical technology to the country. Toshiba intends to bring the benefits of its long-standing international experience to the UMPP in India," said Atsuhiko Izumi, vice president, thermal & hydro power systems & services division of Toshibas Power Systems Company.
Tata Power recently announced the signing of a contract for complete boiler island scope on EPC basis with Doosan Heavy Industries & Construction Co. Ltd., Korea. The contract includes super critical boilers for the 5 units of 800 MW each, based on super critical technology required for such large sized units. Thus, bringing in the first 800 MW unit to India, thereby ushering India into the era of 800 MW super-critical technology.
The company has also acquired Coastal Gujarat Power Limited, a special purpose vehicle (SPV) formed for Mundra UMPP. The signing of the share purchase agreement, escrow agreement, hypothecation agreement, and port service agreements, by PFC, bankers, procurers and Tata Power, now allows the company to go ahead with the various project development activities.
Coastal Gujarat Power Limited has also signed PPAs with seven procurers (distribution licensees) for the sale of contracted capacity and supply of 4000 MW electricity to these licensees but it delineates responsibility of procurers and Tata Power for the next important milestone. It also nominated Gujarat Distribution Company as the lead procurer on behalf of all procurers.