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Hyderabad-based GVK Power & Infrastructure Limited is set to commence commercial operations of two of its power projects, which are under execution, during the current financial year.
According to GVKPIL, its step down subsidiaries, the Rs 4,750-crore Alaknanda Hydro Power Company (AHPC) and Rs 4,000 crore GVK Power (Goindwal Sahib) Limited will start power generation this year.
Though the 330 Mw AHPC project on river Alaknanda in Uttarakhand had to start operations during mid 2013, the unprecedented natural calamity that occurred in the state during June that year delayed operations. Incessant rains and resultant floods had breached the dyke in front of the power house submerging the already erected Units I, II and III that were ready for commissioning with a huge deposit of silt.
GVK stated in its latest annual report that AHPC has started removal of water and silt from the powerhouse by cleaning the equipment part by part, while the transmission lines are at the advanced stage of completion and expected to be ready by mid-2014 for synchronisation.
The company said Units I and II would be synchronised upon completion of transmission lines for commencing power generation. The other two units of AHPC were expected to be operational during the second half of 2014-15.
Similarly, the company said, the commercial operations of Units I and II of the 540 Mw Goindwal Sahib thermal power project in Taran Taran district of Punjab were expected to be started by the end of 2014. Around 97 per cent of the works had been completed and the two units were ready for coal firing. The company is now in the process of obtaining the consent from the Punjab Pollution Control Board to operate. It has a dedicated power purchase agreement with the Punjab government.
This apart, GVK Coal (Tokisud) Company Private Limited, which has 52 million tonnes of mineable reserves, is expected to commence commercial operations this year. It will cater to the requirement of Goindwal Sahib and the first supply of coal to the power project is scheduled to commence by the end of November 2014.
With regard to its existing gas-based power projects located in Andhra Pradesh, GVKPIL said they "are reeling under pressure due to acute shortage of gas supplies. The situation is likely to continue for the foreseeable future."
It also stated its Deoli Kota Expressway project was expected to commence partial commercial operations during the second quarter of the current fiscal.
As much as 92 per cent of works of the Rs 823.5-crore project, implementing 83 km of road between Deoli-Kota section of national highway number 12 in Rajasthan, was stated to have been completed.
