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Original Source

Two days after a group of villagers ransacked the site of the under-construction 1,980-MW Bara thermal power plant in Allahabad and damaged property, the developer JP Power Ventures has started moving out the expensive construction equipment and other machinery.

The decision, which would stall the project, has been taken to avoid damage to the Rs 900-crore machinery and equipment at the site.

The JP Group has emerged as the lowest bidder for the Karchana power plant to be established in Allahabad district of Uttar Pradesh. The group quoted the lowest power production cost, Rs 2.970 per unit of power to be produced by the 2x660 megawatt plant.

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