External Affairs Minister Pranab Mukherjee said “We will be in need of 8 lakh MW by 2031-2032 as per the Integrated Energy Policy Report, requiring a whopping Rs.6 lakh crore.”
Union Minister of State for Coal Santosh Bagrodia said NLC officials had been instructed to initiate steps for the mining of 13.50 million tonnes of lignite at Jayamkondam to establish a 600-MW power plant there. “I’ve also told them to mine 20 million tonnes of lignite in the Mannaarkudi area using clean coal technology to reach deep-seated coal.”
State Minister for Electricity Arcot N. Veeraswami said steps had been taken to generate additional power through new coal-based thermal power stations and Tamil Nadu would be in a position to spare 20,000 MW to the Central pool in the next four years.
NLC Tamil Nadu Power is a joint venture of Neyveli Lignite Corporation (NLC) and Tamil Nadu Electricity Board. NLC has a 89 per cent stake in the equity. The project is being set up at a debt-equity mix of 70:30. The entire debt of Rs 3,437 crore comes from Rural Electrification Corporation, a government of India undertaking.
The public sector power equipment major, BHEL, has bagged the order for the supply of boiler, turbine and generator. The order is worth Rs 3,196 crore.
On Wednesday, another company, Coastal Energen, announced the setting up of a 1,200-MW power plant at Tuticorin, with Chinese equipment, at a cost of Rs 4,500 crore. Asked whether the project cost was on the higher side, a senior official of NLC told Business Line on Saturday that the company’s project included two cooling towers, a gas-insulated switchgear of 400 Kva capacity and a desalination plant for water supply.
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