Power purchase and share purchase agreements for 3,044 MW signed
CHANDIGARH: Haryana Chief Minister Bhupinder Singh Hooda claimed on Thursday that with the signing of power purchase and share purchase agreements for 3,044 MW of power, the State would cross the milestone of targeted additional 5,000 MW as now its capacity would exceed 6,000 MW.
This would also meet the anticipated shortfall of 4,000-5,000 MW of power likely to be faced by the State by 2012, he added while talking to the media at a function organised here to sign the power purchase agreements with Power Trading Corporation and Adani Power and Share Purchase Agreement with China Light and Power.
Mr. Hooda said that demand for power had been increasing by 10 to 15 per cent every year. The increase in power generation capacity had also been necessitated because when the government assumed office in March 2005, Haryana’s own generation was merely 1,587 MW.
He sharply flayed his predecessors for not having done much to enhance the power generation capacity.
Mr. Hooda complimented all officers of the Power Utilities for reaching the agreements and specifically appreciated the efforts made by two former officers of the Power Utilities in the recent past -- P.K. Dass, who was Managing Director of Haryana Vidyut Prasaran Nigam, and Jyoti Arora, who served as Managing Director of Haryana Power Generation Corporation.
Power Minister Randeep Singh Surjewala described the signing of the agreements as a giant leap and added that Haryana was moving from power deficiency to power sufficiency.
Chief Secretary Dharam Vir said the signing of the agreements was historic as Haryana now would get 3,044 MW of power at competitive rate for 25 years.
The State, he added, was among the first to successfully conclude tariff bidding for long-term power purchase.
Earlier, Uttar Haryana Bijli Vitran Nigam and Dakshin Haryana Bijli Vitran Nigam signed the power purchase agreements for procurement of 1,724 MW of power for a period of 25 years at a tariff of Rs.2.86/kwh to Rs.2.94/ kwh.
The Haryana Power Generation Corporation also signed Share Purchase Agreement with China Light and Power for procurement of 1,320 MW power for 25 years. China Light and Power India (P) Limited, the first ever independent power producer for Haryana, would set up a two x 660 MW mega status super critical technology thermal power plant in Jhajjar district.