The Hindu : Karnataka News : Power-starved Karnataka inks three MoUs

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Tuesday, Jan 13, 2009
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Karnataka

Karnataka

Power-starved Karnataka inks three MoUs

Special Correspondent

First phase of State-NTPC project is expected to be ready in 36 to 48 months
Two projects to come up in Yedlapura and Yermaras in Raichur district

BANGALORE: Karnataka created a new record in the country’s power sector on Monday by signing three separate memorandums of understanding on a single day for setting up power generation projects with a total capacity of 6,900 MW, at a cost of about Rs. 35,000 crore. It is said to be the first time in the country that a State has signed MoUs all at once for setting up power projects with such massive capacity.

Of the three agreements which were signed on Monday, two were with the National Thermal Power Corporation (NTPC) for setting up a 4,000 MW thermal power station in Kudgi of Bijapur district, and setting up wind power mills with a total capacity of 500 MW in six areas in three northern districts of Karnataka at a cost of about Rs. 3,000 crore.

Another MoU was signed between the State-held Karnataka Power Corporation Limited (KPCL) and the Bharat Heavy Electricals Limited (BHEL) for setting up two thermal power projects with a total capacity of 2,400 MW on a joint venture basis in Yedlapura and Yermarus in Raichur district.

The 4,000 MW plant, for which the MoU was signed between KPCL and NTPC, is the first generating station to be set up by the NTPC in Karnataka. The first phase of the project will have three generating units with a capacity of 800 MWs each while the second unit will have two generating units with a capacity of 800 MW each. The first phase is expected to be ready in 36 to 48 months . Nearly 3,000 acres of land has already been identified for the project which will come up at a cost of Rs. 20,000 crore. The plant is expected to generate 81 million units of power even if it works at a Plant Load Factor of 80 per cent. Karnataka has requested the Centre to provide 80 per cent of energy share from this project.

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