![]() Financial Daily from THE HINDU group of publications Friday, May 31, 2002 |
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Industry & Economy
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Power Kota plant gets CEA nod for expansion Our Bureau
NEW DELHI, May 30 THE Central Electricity Authority (CEA) has accorded techno-economic clearance to the 195 MW sixth unit of Kota thermal power station in Rajasthan. The unit is being set up under stage IV expansion of the power project's existing capacity comprising of two units of 110 MW under stage I and three units of 210 MW under stage II and III. The sixth unit of 195 MW is to be executed in the State sector by Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RRVUNL) at an estimated completion cost of Rs 634.78 crore, which includes Rs 45.11 crore as the interest during construction along with the cost of financing. While the Rajasthan Government has agreed to put in Rs 190 crore as equity capital, which works out to about 30 per cent of the project cost, a loan of Rs 444.78 crore has been tied up with Power Finance Corporation (PFC). The project, according to a CEA press release here, is to be completed in 27 months from the date of placement of orders for main plant and equipment. The project proposal was submitted earlier by the then Rajasthan State Electricity Board (RSEB) for a capacity of 210 MW. This, however, could not be accorded clearance by the CEA owing to the limiting of chimney height to 180 metres by the Airport Authority of India (AAI) against the height of 220 metres stipulated by the Ministry of Environment and Forests from the environment angle. The issue was resolved by adhering to the 180-metre chimney height, which was found suitable for a reduced generating capacity of 195 MW for the unit.
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