New Delhi Bajaj Hindusthan’s R12,000-crore Lalitpur thermal power project in Uttar Pradesh seems to be in trouble, with the coal ministry making it clear that it is not in a position to commit coal supply to the project under the power ministry’s 12th Plan capacity addition programme.
The Shishir Bajaj-led Bajaj Group, a sugar-to-hair oil conglomerate, recently forayed into commercial power generation through its subsidiary Bajaj Hindusthan. The subsidiary is banking on timely completion of the Lalitpur power project to have 5,000 MW operational capacity in place by 2015. Its plan could go haywire, though, if the company fails to secure fuel linkage for the project on time.