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Thursday, January 26, 2012

Megawatt Show :West Bengal Attracts a Whopping 38K Crore of Investments From Power Majors

COAL India may be struggling hard to keep up its projected coal supply,but that hasn't deterred top power producers in West Bengal from collectively pumping in nearly a whopping 38K crore for setting up fresh generation capacities.The likes of CESC,NTPC,Damodar Valley Corporation,India Power Corp Ltd (IPCL) to DPSC are all on expansion mode in the state.
For instance,the RP-Sanjiv Goenka flagship CESC,which supplies electricity to Kolkata and adjoining areas,plans to emerge as a 7200 mw diversified generation-cum-distribution company over the next five years.It also has lined up elaborate plans to diversify into other modes of power generation.
So much so,CESC has roped in China's Shanghai Electric to supply boilers,turbines and generators (BTGs) for its 600 mw Haldia thermal project.The Chinese gearmaker will supply the BTG package at an estimated cost of 1,000 crore for a 600 mw thermal venture that will entail
3,250 crore of investment.Punj Lloyd,in turn,will supply the balance of plant (BoP) gear.The project,which requires 450 acres in the first phase,already has 420 acres in possession.All necessary clearances and the long-term coal linkage from Mahanadi Coalfields have come.The plant will be commissioned by mid-2014.
Apart from Haldia,CESC has taken up projects in Maharashtra,Chhattisgarh,and Bihar.Additional greenfield thermal projects are being envisioned in Rajasthan and Maharashtra.The utility is also exploring additional hydro projects in the Northeast and eastern India.
The countrys biggest power generation company,NTPC also plans to invest in two mega thermal projects in West Bengal.It is teaming up with the Railways in 74:26 JV to set up a thermal plant in Adra.It will be a 1320 mw plant that will be built on a 1300-acre plot owned by the railways.
NTPC has also decided to procure land and build a 1,600 mw thermal power project Katwa.Here,it will set up the plant over 1000 acres at an investment of about 8,000 crore.The state government acquired around 575 acres at the location while the remaining land will be acquired by NTPC.
Damodar Valley Corporation (DVC) is also about to execute 3,200 mw of fresh generation capacity at an investment of 16,000 crore.These include a 1000 mw plant in Duragpur,a 1,200 mw plant in Raghunathpur and a 1,000 mw station in Mejia.
Hemant Kanoria-controlled IPCL is also in the process of setting up 450 mw thermal power plants in Haldia.The project will entail an investment of roughly 2,475 crore.IPCL has acquired around 200 acres for setting up three 150 mw units.We have recently placed the order for boilerturbine-generator for the plant to Bhel.The order for (BoP) equipment has been awarded to Bharat Forge.It is expected to start generation by July 2013.
This apart,DPSC Ltd is in the process of setting up two 270 mw units in Raghunathpur.We had acquired about 155 acres for the Raghunathpur plant and the rest is being bought from locals.The order for boiler-turbine-generator for the plant has also been placed with Bhel.The plant is expected to start generation by 2014.
Coal supplies have also been secured for both the projects.We plan to import around 60 per cent of the coal requirement for the Haldia project, said Kanoria.

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