Category: Industry Overview
Reliance Power is planning to reduce carbon foot prints in an effort to close the deal with US Exim Bank to fund its Ultra Mega Power projects. According to sources, US government policies will not encourage financing a coal based project. The mix of renewable energy like wind and solar powered plants will be set up in coastal districts of Gujarat and Maharashtra to offset its carbon foot prints. Further, the company has agreed to reduce its carbon emissions to 850 gms to a kwh in Sasan UMPP.