JSL steps up power supply to state grid

Image
BS Reporter Kolkata/ Bhubaneswar
Last Updated : Jan 20 2013 | 8:47 PM IST

Jindal Stainless Ltd.(JSL),which operationalised the second unit of its 2x125Mw Captive Power Plant (CPP) at Kalinganagar after the change of the transformer on May 5, has increased supply of power to the state grid.

The company, which was supplying about 70 Mw on an average to Gridco from first week of March when only one unit of its CPP was operating, has stepped up supply to 145 Mw as of today. This has come to the rescue of the state government facing severe power shortage.

“We are committed to supply the surplus power to Gridco till the power situation improves in the state. If every thing goes as scheduled, the supply to the state grid may reach 170 Mw by May 28th”, Rajdeep Mohanty, chief resident manager (Orissa), JSL Ltd. said.

It may be noted, the company has been supplying surplus power to the state grid from its CPP at Kalinganagar following a request from the government.

However, the expected supply of 150 Mw from Bhushan Energy Ltd (BEL), setting up of 2000 Mw power plant near Angul, is yet to materialise.

Though the company agreed to provide this power from the first unit of its (2x150Mw) project and the state-owned Orissa Power Transmission Corporation Ltd. (OPTCL) arranged the necessary connectivity to Grid, the power is yet to actually flow due to delay from the company side. The supply of power is expected to start from May 25, sources said.

Orissa is one among the few states which have not resorted to load shedding in the summer though the situation remains grim due to drop in hydro-electricity generation because of falling water levels in reservoirs and increase in the average peak demand to about 2350 Mw.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 19 2009 | 12:36 AM IST

Next Story