India to Start Process for Building 3 Power Projects
June 15 (Bloomberg) -- India will start the process for building three power projects with a capacity to generate 4,000 megawatts each by July as the South Asian nation rushes to raise its generation capacity, Power Secretary H.S. Brahma said.
The coal-fired projects will be located in the states of Andhra Pradesh, Tamil Nadu and Orissa, Brahma said in an interview in New Delhi today. The state governments will choose the locations for the coastal power plants, he said.
"We want to go very fast on building these projects," Brahma said. "We want to start work on six of these projects this year."
India plans to boost its electricity generation capacity to end blackouts in the world's second fastest-growing major economy where peak hour shortages may rise to 12.6 percent, according to a report on the Web site of the Central Electricity Authority. The nation plans to add 13,000 megawatts of capacity every year, President Pratibha Patil said in Parliament June 4.
The federal and state governments get the mandatory clearances and acquire land for the so called "ultra-mega power projects" before auctioning them to private sector companies to speed up construction. The government plans to build 14 of these projects near coal mines, or along the country's coast, to enable use of imported fuel.
Power Finance Corp., a state-run lender to utilities, handles the bidding process for the federal government.
"Once we decide on the projects, Power Finance will start work on acquiring land, water, environment and forest and other clearances," Brahma said.
Reliance Power Ltd. won the contract to build three of these projects at Sasan, Krishnapatnam and Tilaiya, and Tata Power Ltd. is building a plant at Mundra on the western coast.
To contact the reporter on this story: Gaurav Singh in New Delhi at +91-11-4179-2019 or gsingh31@bloomberg.net
June 15 (Bloomberg) -- India will start the process for building three power projects with a capacity to generate 4,000 megawatts each by July as the South Asian nation rushes to raise its generation capacity, Power Secretary H.S. Brahma said.
The coal-fired projects will be located in the states of Andhra Pradesh, Tamil Nadu and Orissa, Brahma said in an interview in New Delhi today. The state governments will choose the locations for the coastal power plants, he said.
"We want to go very fast on building these projects," Brahma said. "We want to start work on six of these projects this year."
India plans to boost its electricity generation capacity to end blackouts in the world's second fastest-growing major economy where peak hour shortages may rise to 12.6 percent, according to a report on the Web site of the Central Electricity Authority. The nation plans to add 13,000 megawatts of capacity every year, President Pratibha Patil said in Parliament June 4.
The federal and state governments get the mandatory clearances and acquire land for the so called "ultra-mega power projects" before auctioning them to private sector companies to speed up construction. The government plans to build 14 of these projects near coal mines, or along the country's coast, to enable use of imported fuel.
Power Finance Corp., a state-run lender to utilities, handles the bidding process for the federal government.
"Once we decide on the projects, Power Finance will start work on acquiring land, water, environment and forest and other clearances," Brahma said.
Reliance Power Ltd. won the contract to build three of these projects at Sasan, Krishnapatnam and Tilaiya, and Tata Power Ltd. is building a plant at Mundra on the western coast.
To contact the reporter on this story: Gaurav Singh in New Delhi at +91-11-4179-2019 or gsingh31@bloomberg.net
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