Ratnagiri to triple power output

Image
BS Reporter Mumbai
Last Updated : Jan 29 2013 | 1:55 AM IST

Maharashtra's power woes are likely to ease by October, as Ratnagiri Gas & Power (RGPPL), the owner of the 2,150-mw Dabhol power plant, is planning to more than triple the generation from the plant in less than four months.

The company will invest Rs 10 crore to repair a steam turbine, which will help restart the defunct gas turbines and generate 1,300 mw of power by September-end or by the first week of October, said RGPPL Managing Director A K Ahuja.

At present, the plant produces 640 mw.

"We are carrying out this repair currently and have tied up with Petronet LNG to supply fuel for 1,300 mw. By December, we are hopeful of producing over 2,000 mw," he said.

A few days ago, the Maharashtra government had decided to provide a guarantee for a loan of Rs 300 crore from Power Finance Corporation (PFC) to carry out maintenance of the damaged plants. The loan is for the repair of a 300-mw unit in Block-II and a 600-mw Block-III at Dabhol, which are dysfunctional due to a breakdown in machinery.

The state Cabinet has to formally approve the decision and it is likely to be conveyed within a few days. RGPPL is also talking to equipment supplier General Electric (GE) for speedy availability of spares at discounted rates, said Ahuja.

The beleaguered power plant of Enron was taken over in 2005 by the government through RGPPL, promoted by NTPC, GAIL, MSEB Holding Company and four banks. Despite infusion of over Rs 800 crore, RGPPL's power plants are yet to function to full capacity due to frequent breakdowns and inadequate availability of fuel.

Dhabol, located about 300 km from Mumbai near Anjanwel in the Ratnagiri district, uses liquefied natural gas (LNG) as a primary fuel and naphtha as a secondary fuel to power the plants.

RGPPL requires about 2.9 million metre standard cubic metres per day (mmscmd) of gas for running two blocks of 350 mw each, but the gas available to the power producer from GAIL, Indian Oil Corporation and Hindustan Petroleum are less than 1.5 mmscmd.

Maharashtra is currently experiencing a shortage of 4,000 to 5,000 mw, which has led to a load shedding ranging from 2 to 8 hours every day in rest of the state, other than Mumbai city.

*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: Aug 30 2008 | 12:00 AM IST

Next Story