Power from Ratnagiri plant to cost less from April

Maharashtra, which is paying Rs 5.10 per unit of power from the Ratnagiri Power project will pay a relatively cheaper rate of Rs 3 per unit once the Dahej-Dabhol LNG pipeline is completed in April or May.

Generation was resumed at the plant last year, when it switched to liquefied natural gas from naphtha for fuel, and now produces 1,400 MW as against an installed capacity of 2,184 MW.

The State, which currently faces a shortage of 4,500 MW a day, has "Enough gas for generating 1,400 MW of power till the pipeline comes up," Maharashtra Government Principal Secretary Energy Jayant Kawle said.

The pipeline is scheduled to be completed by April or May, after which the cost of power for Maharashtra will go down to Rs 3 per unit. "The pipeline is on schedule and should be completed by April or May or at the latest by June," Kawle said.

Asked about the Sindhudurg Ultra Mega Power Project, he said the Government was thinking of continuing with the environment clearances.

"(Revenue Minister) Narayan Rane has suggested that we go ahead with the environment clearance assessment, if it turns out that there will be problems in mango cultivation then we will shift to some other site," Kawle said.

When asked whether the Government had identified an alternative site for Ultra Mega Power Projects, he said: "We always had alternative sites. However, we are yet to finalise on that."

Source: The Hindu, New Delhi, February 13, 2007
                        Petronet LNG Stock Quotes                                    
©Petronet LNG Limited                                                            Home | Contact Us | Disclaimer | Quick Links | Mail Server |