1,320 MW thermal power plant to be set up
The Madhya Pradesh Electricity Regulatory Commission approved the 1,320 MW thermal power plant project (to be carried out by Adani Power in Madhya Pradesh).
Image for illustration purposes
India, Madhya Pradesh: The Madhya Pradesh Electricity Regulatory Commission approved the 1,320 MW thermal power plant project which will be carried out by Adani Power in Madhya Pradesh.
The commission has also approved the sale of the entire electricity from the thermal power plant in Madhya Pradesh to the state through Adani Power arm Pench Thermal Energy. Pench Thermal Energy has signed a power purchase agreement with MP Power Management Company Ltd (MPPMCL) for the procurement of 1,320 MW of electricity on the long-term basis.
The power would be supplied from the new power station to be set up with super critical technology on design, build, finance, own and operate basis by sourcing fuel from the allocated coal linkage under the SHAKTI policy.
In October 2017, Madhya Pradesh had total installed power generation capacity of 20,028.49 MW, comprising 5,867.62 MW under state utilities, 4,770.70 MW under central utilities and 9,390.17 MW under the private sector.
Of the total installed power generation capacity, 12,731.70 MW was contributed by thermal power, 3,223.66 MW was contributed by hydropower, 273.00 MW was contributed by nuclear power, and renewable power contributed 3,800.13 MW. Madhya Pradesh is on its way to become a solar power hub, with 114 projects currently.
The total budget allocation for the energy sector in the state is estimated to be $2.6 B during 2017-2018. In May 2017, two new indigenous nuclear power reactors of 700 MW capacity each have been approved by the Union Government. The reactors will be built at Chutka in Madhya Pradesh.
Source: Construction Review Online