New Delhi: Industry body Assocham on Tuesday said about Rs1,500 crore public investment will be required to make Delhi-NCR a power secured state by 2011.
“To meet its immediate requirement, a minimum public investment of Rs1,500 crore would be needed which should go into small power plants by 2011,” the chamber said.
Short gestation power plants will be commissioned between 10-18 months with capacity ranging from 50-150 mw, it said.
“NCR including Delhi would need around 300 mw capacity power projects to cater to its power requirements. The estimates of Rs1,500 crores are derived with assumption that one mega power plant project can be put up with cost of Rs5 crore,” Assocham secretary general D S Rawat said.
Currently, NCR suffers power shortages, which is estimated around 700 mw, it said.
It also said that in the next two years, there are no projects in the sector expected for commissioning and therefore, pressure to supply power in Delhi and other parts would heavily fall on states like Punjab, Himachal Pradesh and Uttarakhand.
The future of Delhi and NCR becoming a power surplus region would remain a distant dream as nearly 1000 mw gas based Bawana project, Pragati expansion of over 350 mw in Delhi and Dadri expansion in Uttar Pradesh would now be completed after 2012, Rawat said.