Meghalaya for power exchange to meet shortfall

The demand for power is above 600 MW while the installed capacity in Meghalaya is only 310 MW

IANS Shillong
Last Updated : Feb 11 2014 | 6:21 PM IST

Power-starved Meghalaya has decided to go in for a power exchange arrangement with the 726 MW gas-based plant at Palatana to overcome the shortfall of power demand in the state, a minister said Tuesday.

"We have decided that we will be going for power exchange from Palatana within the next two weeks in order to meet the demand," Meghalaya Power minister Clement Marak told IANS.

"We plan to embark on the power exchange for a period of two months. However, the time period can be extended depending on the demand of power supply in the state," he said.

The demand for power is above 600 MW while the installed capacity in Meghalaya is only 310 MW. Presently, Meghalaya is getting around 38 MW from state-owned ONGC Tripura Power Company Limited at Palatana in Tripura.

Meghalaya, which was once a power-surplus state, has now become power-deficit.

The state generates only over 46 MW from Umiam Hydro Electric Project and Myntdu-Leshka Hydro Electric Project.

The Umiam Hydro Electric Project, which has an installed capacity of 185 MW, is currently generating a mere 40 MW, while the 126 MW Myntdu-Leshka Hydro Electric Project is generating merely 6 MW, the power minister said.

The minister said the shortfall in power supply in the state was also due to power regulation by the NHPC Limited, shutdown of the Kopili Hydro Electric Project by state-owned North Eastern Electric Power Corporation Limited (Neepco), and also because of the low water level of the two reservoir of Umiam Hydro Electric Project and Myntdu-Leshka Hydro Electric Project.

Moreover, Meghalaya is already in a debt-trap with the state-owned Meghalaya Energy Corporation Limited (MeECL) having pending dues of around Rs.449 crore with Neepco, NTPC Limited and NHPC Limited.

"We (Meghalaya government) have adopted a financial restructuring plan so that MeECL can avail of 25 percent financial assistance from the Centre as well as 75 percent from financial institutions in the form of loans," the minister said.

However, the power situation may not improve in the near future as many of the hydel power projects under construction are running behind schedule.

Meghalaya has decided to develop a chain of small hydro-projects to meet the requirements of the mountainous state.

*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: Feb 11 2014 | 5:04 PM IST

Next Story