‘Phase-I of the company’s project will be commissioned by March 2015’
East Coast Energy Private Limited Managing Director Krishna V Tatineni has said the company is willing to allot more power to the State apart from 300 megawatts for which an agreement has already been finalised.
He said the company agreed to supply power to the State at Rs. 2.97 per unit and such lowest price was not offered by any company and ECEPL had done it as part of its responsibility to help the State by supplying power at an affordable rate.
He said the company would be happy to supply more power to the State in accordance with rules, regulations, and bid procedure as there was a huge gap between supply and demand of power in the State.
The company halted construction activity in February 2011 with the resistance from the locals and planned to resume very soon as it had recently got consent from the government to begin construction activity. However, a few locals were opposing construction of coal-based power project at Kakarapalli of Santabommali mandal in Srikakulam district.
In an interview to The Hindu , Mr. Krishna hoped that the phase-I with 1320 MW would be commissioned in March, 2015. He felt that there was no need for locals to agitate since the company did not acquire even a single acre from farmers.
“We are creating awareness that the company is using state-of-the-art critical technology for the thermal plant. It helps in reducing green house gases by 6.5 per cent. Fly ash, which will come in the form of paste, will be exported to a foreign company. So, the locals need not worry about pollution since the company will install eco-friendly machinery,” he added.
Explaining about the welfare programmes under the Corporate Social Responsibility, he claimed that the company allocated Rs.50 crore for creation of rural infrastructure and improve health and education facilities in villages of Santabommali and Kotabommali mandals. “In the current environment, the process of winning hearts of locals is taking a slightly longer time. But we are confident of taking all the stakeholders along with us and share the fruits of economic development,” said Mr. Krishna.
The company has agreed to supply power to the State at Rs. 2.97 per unit It plans to resume construction activity very soon
The company has agreed to supply power to the State at Rs. 2.97 per unit
It plans to resume construction activity very soon