Corporate Power Limited (CPL) is a Special Purpose Vehicle of Abhijeet Group exclusively incorporated in the year 2006 for the Power Venture in Jharkhand.
The phase-1 comprising of 540 MW ( 2x270) of Power Plant, a 1215 MW Pithead based Thermal Power plant (IPP) in Jharkhand, is under implementation. The BTG contract has been awarded to Bharat Heavy Electrical Ltd. The first phase will be completed by end of the year 2010 and subsequently Phase II of 2X270 MW will be initiated. Power Purchase Agreement with Power Trading Company (PTC) have already been accomplished whereby the company will be selling power to the power deficit states of the country.
|