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Maya's unfulfilled power projects dream being given shape byakhilesh's cabinet - High Bay Light Fit by airbru airbru





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Maya's unfulfilled power projects dream being given shape byakhilesh's cabinet - High Bay Light Fit by
Article Posted: 12/26/2012
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Articles Written: 1137
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Maya's unfulfilled power projects dream being given shape byakhilesh's cabinet - High Bay Light Fit


 
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The collective investment in all these projects till fructificationwas pegged at Rs 50,000 crore by the previous government. Under theMoU"s terms, the state had the power to forfeit the privatedevelopers" collective security deposit of about Rs 500crore. However, on the request of these developers and also consideringthe fragile power situation in the state with yawning demand-supplygap, the cabinet decided to offer them another chance to securecoal linkage within the maximum timeframe of 18 months. "The different developers had requested for differenttimeframes for securing coal linkage and the government has decidedto accede to their demands keeping in mind our objective of rampingup power generation," UP infrastructure and industrialdevelopment commissioner (IIDC) Anil Kumar Gupta told the mediahere.

Gupta did not hint on cost overruns in these projects now.Meanwhile, the cabinet also granted approval for change of locationof three projects to facilitate water availability viz. projectsproposed at Bargadh, Farrukhabad and Ghazipur have been relocatedat Lalitpur, Barabanki and Mirzapur respectively. The nine projects include (1) 1,320 Mw Bhognipur-I, (2) 1,320 MwBhognipur-II, (3) 1,980 Mw Lalitpur, (4) 600 Mw Murka, (5) 1,980 MwLalitpur (earlier Bargadh), (6) 250 Mw Barabanki (earlierFarrukhabad), (7) 250 Mw Auraiya, (8) 1,320 Mw Sandila and (9)1,320 Mw Mirzapur (earlier Ghazipur). Before the January 5, 2011 cut of date, MoUs were signed for 10power projects with total capacity of 10,790 Mw. Only BajajHindusthan"s MoU for cogeneration of 90 Mw each at 5 of itsstate sugar mills totalling 450 Mw is on steam.

He said the option to forfeit security deposit would vest with thegovernment if the developers failed to fulfill their commitmenthenceforth. Meanwhile, UP is likely to impress upon the Centre for coallinkages to the state power projects to tide over the power crisis. UP Power Corporation Limited (UPPCL) CMD Avnish Awasthi said thedemand-supply gap yesterday had widened to 2,500 Mw with the peakhour demand hovering around 12,500 Mw and the maximum poweravailability remaining under 10,500 Mw. The companies, which had signed MoUs, included Lanco Infratech,Neyveli Lignite Limited, Bajaj Hindusthan, Parekh Aluminex,Creative Thermolite and Unitech Machines. Mayawati government had claimed UP would become energy surplus bythe end of the 12 th Plan (2012-17) and envisioned total generationcapacity addition of 25,000 Mw between 2012 and 2017.

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