Consider the following statements about the UMPPs (Ultra Mega Power Projects) in India:
- UMPPs in India are developed using Swiss challenge method
- UMPPs are either coal based or Hydro-based power plants
- Tilaiya Ultra Mega Power Project is located in Jharkhand
Which of the above statements is/are correct?
First statement is incorrect because UMPPs in India are based on plug-and-play mode. The current budget had proposed a 'plug-and-play' model for big-ticket infrastructure projects such as power plants, airports and roads. In plug-and-play model, all regulatory clearances are put in place before they are awarded to private developers through a transparent auction. Second statement is incorrect because UMPPs are coal based only. Third is correct.
This question is a part of GKToday's Integrated IAS General Studies Module