Bokaro, Dec. 1: Damodar Valley Corporation (DVC) will commission one unit of the new Koderma thermal power plant on January 13, 2013.
Speaking at a press conference at Chandrapura, DVC chairman R.N. Sen said the power major was facing an acute shortage of coal and funds, which is why it had not been able to commission the Koderma plant, which has the capacity to produce 500MW, so far.
“As we need 6,000 tonne coal per day to run the Rs 4,313 crore plant and are not getting supply from BCCL in Jharkhand, we have decided to procure coal from Odisha. Once we receive that, one unit of the plant will start functioning from January 13,” Sen said.
The DVC chairman said despite knowing that the company was facing an acute financial crisis and Rs 5,300 crore was due it, the Jharkhand government had done nothing to clear the arrears, despite repeated reminders.
“We will take up the matter with the Centre to realise our dues,” Sen said, adding that several units ready for production had either been shut down or could not be operated due to the coal and funds crisis.
“Arranging for regular supply of coal is the biggest challenge facing DVC,” Sen said. He also criticised the new power tariff structure, stating that it was resulting in losses to the tune of Rs 40 crore per annum for DVC, and said he would take up the matter with the power ministry.
He ruled out any fresh recruitment in DVC on the plea that the company was saddled with surplus manpower. He, however, said the company would train youths to make them employment worthy.
Sen informed that three units of Chandrapura Thermal Power Plant — 4, 5 and 6 — would be dismantled.