The Anil Ambani group firm Reliance Power has said the Krishnapatnam UMPP, which was awarded to it in 2007, could not be taken forward due to escalated coal cost from Indonesia, among other factors.

The Krishnapatnam Ultra Mega Power Project (KUMMP) is located in Andhra Pradesh while Tilaiya plant was in Jharkhand.

Reliance Power has informed the Andhra Pradesh government the procurers of Tilaiya UMPP -- which was stalled for over five years -- have accepted the termination of power purchase agreement and decided to purchase the entire shareholding in the project Special Purpose Vehicle from the company by way of mutual discussion with the developers.

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