Date:02/08/2007 URL: http://www.thehindu.com/2007/08/02/stories/2007080261541900.htm

Business - Briefly

Reliance Power gets letter of intent

NEW DELHI: Sasan Power Limited, the special purpose vehicle set up by the Power Finance Corporation, on Wednesday issued the Letter of Intent (LoI) to Anil Ambani owned Reliance Power Limited for the 4,000 MW Sasan Ultra Mega Power Project at a price of Rs. 1.196 per kWh.