Maytas Infra bags contract worth Rs 650 crore from Gupta Energy
Maytas Infra Ltd, a Hyderabad based construction and infrastructure development company, has secured an engineering, procurement and construction (EPC) contract worth Rs 650 crore for the country's first washery reject coal-based power plant of 120 megawatt (MW) capacity.
The project is also the first to run exclusively on Washery Reject Coal Fuel.
This power plant contract has been entrusted to Maytas Infra Ltd by Gupta
Energy Private Ltd, a Nagpur based infrastructure and power company. The power plant will be set up in Chandrapur district in Vidarbha region of Maharashtra.
The project would be completed in two phases. The first phase with 60Mw capacity will be completed in 20 months and the second 60Mw in 22 months.