Requests share anticipating shortage
12 bidders, including 6 international ones, for Krishnapatnam projectCentre plans seven mega projects in all
HYDERABAD: R.V. Shahi, Secretary, Ministry of Power, has promised that the Central Government would concede the State's request to restore the share of nuclear power that it had surrendered sometime ago.
Speaking to reporters on the sidelines of a national workshop on `Change management in power distribution' organised by the Engineering Staff College of India (ESCI) here on Saturday, Mr. Shahi said the Centre's decision to restore nuclear power linkage to the tune of 115 MW followed a State Government's representation to help overcome the power shortage anticipated for the rabi season.
Referring to the progress of the 4,000 MW ultra-mega project at Krishnapatnam, he said the Centre had invited requests for qualification of bidders and received 12 of them, including six international players. They were asked to submit the final price bid by March next.
Selection in December
The Krishnapatnam project was one of the three ultra-mega projects of 4,000 MW each in the pipeline, the others being Sasan in Madhya Pradesh and Mundra port in Gujarat. The tariff bids would be submitted by this month-end and the best bid selected in December.
Mr. Shahi said the Centre had planned seven ultra-mega projects in all. Barring those in the pipeline, the other projects would be awarded between March-September 2007.
Thereafter, they would take six months for financial closure and five years for implementation.
The projects would partly depend on imported coal.
He also said companies would be set up to tackle initial troubles of these projects like environment clearance, Power Purchase Agreements and escrow agreements.
Projects with an installed capacity of 43,000 MW were under construction in the country with an investment of Rs. 1,96,000 crore. They would be ready in six months.
A capacity of 12,000 MW would be commissioned this year and 7,000-8,000 MW added every year for the next three years.
M. Ramamurthy, Director, Electricity Regulation and Development Authority, spoke.