Power plants worth Rs 2 lakh crore to be set up

HYDERABAD: Power shortages could soon be a thing of the past. The state government, during the ongoing twoday CII Partnership Summit, said it would sign multiple MoUs with public and private s

Published: 13th January 2012 03:02 AM  |   Last Updated: 16th May 2012 06:13 PM   |  A+A-

HYDERABAD: Power shortages could soon be a thing of the past. The state government, during the ongoing twoday CII Partnership Summit, said it would sign multiple MoUs with public and private sector companies to set up power plants, based on coal and gas, across the state involving an aggregate investment of `2 lakh crore.

"All these projects will be spread across the state,"said Dinesh Kumar, the state's principal secretary for energy.

In the public sector, the National Thermal Power Corporation (NTPC) will set up a 4,000 mw plant and AP Genco another with a capacity of 9,760 mw. Similarly, AP Power Development, a subsidiary of AP Genco, will set up a 2,200 mw plant, while Singareni Colleries Company Ltd is planning one based on coal to produce 1,200 mw in Adilabad district.

AP Genco's joint managing director D Prabhakar Rao said, "We have earmarked an investment of about `36,000 crore over the next five years."

In the private sector GVK Power Ltd, Thermal Tech, Nelcast and Power Tech have lined up projects to be built over the next five years. While Thermal Tech's proposed plant will be located near Krishnapatnam, GVK Power is yet to finalize the location of its project.

According to an estimate by AP power distribution companies (discoms), the state's energy requirement for 2012 would be in the range of 93,913 million units (MU), while availability from approved stations is likely to be around 81,464 MU, thereby leaving a deficit of about 12,449 MU. To bridge the deficit, the discoms have proposed to realise 12,449 MU through medium and short term purchases.

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