CPSM (Central Public Sector Mining) and Power Utility NLC India Ltd has implied that it is bringing about a lot of steps to roll back its ₹ 17,000-crore joint venture (JV) program in UP after a Covid-inspired pause.
New Delhi (Natural Energy News): NUPPL(Neyveli Uttar Pradesh Power Limited) - 51:49 JV between NLC India Limited and UPSPSPGCL (Uttar Pradesh State Power Generation Corporation Limited) is putting up a coal-based supercritical thermal power plant with a power capacity of 1980 MegaWatt (3 x 660 MegaWatt) at Ghatampur. With the original commissioning schedule of Unit I in December 2020, in Kanpur Nagar district at a cost of 7 17,237.80 crores, two units at an interval of every six months. The project was approved by the Center in July 2016. The JV has spent a capital of ₹ 3,525.18 crores in 2019-20. The cumulative expenditure since the commencement of the project till March 2020 was 19,199.20 crores.
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However, the Covid-19 outbreak affected the commissioning of Unit I.
"Although the project plan was affected by the Covid 19, all efforts have been made by the administration to boost up the progress of the project and take it back by mobilizing increased manpower of 6,000 correlated to 4,200 before the impact of Covid 19. The progress of the project is also being enhanced by using incentives and other measures announced by the central government to revive the economy, the statement said.
Meanwhile, Union Coal Secretary Anil Kumar Jain visited the site on Friday with NLC India and NUPPL members and Members of Parliament to review the project.
The JV had signed a power purchase agreement with Uttar Pradesh Power Corporation Limited to supply 75 percent of the power from the project. The coal supply is connected to the Pachwara South coal block in Jharkhand. A 0.5 million tonne bridge coal linkage has been approved by the Ministry of Coal for the Ghatampur project for 2020-21. As per the latest annual report of NLC India, the remaining quantity will be met from the Talabira II and III mines belonging to the company till the commencement of operations of the Pachwara South coal block.
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NLC India added 1,209 MW and 17.5 MW on 30 June 2020 during FY 2015. It retired 400 MW for its installed capacity. As a result, NLC India has a total installed capacity of 4,661.06 MW.
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