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Adani to supply power to MSEDCL at Rs2.64 per unit

Adani to supply power to MSEDCL at Rs2.64 per unit
PTI
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First Published: Fri, Aug 28 2009. 03 24 PM IST
Updated: Fri, Aug 28 2009. 03 24 PM IST
Nagpur: The Adani Power Maharashtra Ltd. (APML), which is coming up with a 1320 MW power plant at Tiroda in Gondia district, has decided to supply power from its proposed plant at Rs2.64 per unit to the Maharashtra State Electricity Distribution Company Ltd (MSEDCL).
The company has claimed the rate is most competitive among all other agreements so far executed by the state board with private sector power generation companies, according to Sanjay Dokey, General Manager of the Adani Group.
Adani Group has made a commitment to MSEDCL to supply 1320 MW power for the next 25 years at the same tariff.
With this, Maharashtra grid is expected to ease the severe power crisis in the state. Various clearances needed for the project including those from Ministry of Environment and Forests, Defence Aviation and Civil Aviation (for chimney) and Maharashtra Pollution Control Board (MPCB) have already been obtained, Dokey said in a release today.
South East Central Railway (SECR) has given a clearance for constructing a private siding for coal loading for the plant at Kanchewani station, close to Tiroda station.
The first unit of 660 MW of Tiroda plant is expected to go full steam within next two years from zero date. Plant consists of 660x2 units. A significant aspect of the project is that about 7000 to 8000 persons will get direct and indirect employment.
The coal linkage for the plant has been granted by South Eastern Coalfields Ltd. (SECL) and in addition, the company plans to operate its own coal mines at Lohara (West) and Lohara blocks in Chandrapur district.
These coal blocks are 11kms away from Tadoba Andhari Tiger Reserve (TATR). The coal block alloted to Adani has 169.6 million tonnes coal reserves with 17 metres of coal seam thickness.
The plan was approved by the government in May 2008, the release said.
The coal block allotment recently invited wrath from the wildlife and environmental activists in Chandrapur who opposed the allotment saying it falls under buffer zone of the forest.
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First Published: Fri, Aug 28 2009. 03 24 PM IST