Tata Power Company has signed an EPC contract for supply of five 800-mw steam turbine generators with Toshiba Corporation for its 4000-mw ultra mega power project (UMPP) at Mundra, Gujarat.

According to an official release issued by Tata Power to the BSE today, Toshiba Corporation's scope of work includes the design, manufacture, test and supply of equipment related to the steam turbine generator packages for the five units of 800 mw each. They will also be associated with supervision of commissioning of the turbines.

Prasad R Menon, MD, Tata Power said: "This agreement is a significant step towards our drawing on the technical expertise of a strong international player like Toshiba. This partnership will provide an excellent technical solution for Mundra UMPP which is also cost competitive."

Tata Power has acquired Coastal Gujarat Power, a special purpose vehicle (SPV) formed for Mundra UMPP.

Coastal Gujarat Power has also signed power purchase agreements (PPAs) with seven procurers for the sale of contracted capacity and supply of 4000 mw electricity, the release said.