GMR Infrastructure has announced that the GMR Group's Vemagiri power plant situated at Rajahmundry in Andhra Pradesh will start generating power from January 2008 onwards, initially for a period of four months. This follows the State government's assurance to provide 1.12 - 1.15 million cu.m. of natural gas per day from GAIL India.GMR's 388.5 MW Vemagiri plant, which was commissioned in November 2006, operates on the combined cycle technology, and uses natural gas as fuel. It is one of the most cost-effective Independent Power Producers (IPPs) in the country. Under the Power Purchase Agreement, Vemagiri Power Generation has to supply power to APTRANSCO for a period of 23 years.The company made this announcement during the trading hours today, 29 November 2007.
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