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Thursday , January 6 , 2011
Since 1st March, 1999
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NDA inks deals to plug power crisis

Patna, Jan. 5: The NDA government today entered into two landmark agreements to mitigate the power problem in the state.

The NDA government’s intention to strengthen the power sector could be gauged from the fact that it has put the process of augmenting power generation on fast track within a month of assuming power for the second consecutive term.

Bihar State Electricity Board (BSEB) today entered into agreements with National Thermal Power Corporation (NTPC) and Krishak Bharati Co-operative (KRIBHCO) to set up thermal power plants of 2,640MW in Aurangabad and Buxar in the presence of energy minister Vijendra Prasad Yadav, BSEB chairman P.K. Rai, Nabinagar Power Generating Company’s chief executive officer Toofani Ram and KRIBHCO managing director B.D. Sinha.

The purchase power agreement was signed between BSEB and Nabinagar Power Generating Company Private Limited (NPGC), a joint venture unit of NTPC and BSEB, to set up two units of 660MW each of power plants at Nabinagar in Aurangabad.

The two super thermal power plants would be in addition to three units of 660MW, whose work is under progress at Nabinagar to be built by NPGC, taking the total power generation to 3,300MW by the end of 2015. Out of 3,300MW, Bihar would get 75 per cent of the power generated from Nabinagar super thermal plant, the PPA said.

The board signed a memorandum of understanding (MoU) with KRIBHCO to set up 1,320MW of thermal power plant at Chausa in Buxar. The MoU was exchanged by P.K. Rai and B.D. Sinha. Both these plants at Nabinagar and Chausa, if commissioned by the end of 2015, could get rid Bihar of the power-starved state tag.

Speaking on the occasion, Vijendra Prasad Yadav, said: “These projects are very crucial for Bihar and we hope that the projects would be completed on time. We hope that the Nabinagar plant would start generation in next four years, whereas the state government would fix the time schedule for KRIBHCO’s Chausa plant once it gets clearance regarding the coal linkage, which we would soon be getting as the state fulfils all the criteria for getting the linkage.”

Stating that the state’s present electricity demand is around 2,500MW, Yadav said: “We would be able to meet the energy requirement of 3,000MW on our own by the end of 2015 as power plants at Nabinagar and Chausa would be completed on time without any hindrance. We have got all clearances vis-à-vis land, environment and water. Getting coal linkages would not be difficult.” KRIBHCO has signed an MoU for setting up 1,320 MW at Chausa under tariff-based bidding where it is the responsibility of the state government to get all kinds of clearances with regard to land acquisition, water, environment, coal linkages.

The minister said getting coal linkage for Chausa plant would not be difficult as the state government, a week ago, released funds to the district administration to complete land acquisition. Water and environmental clearances have been accorded to the state.

Rai said: “We have started the new year on a very positive note by signing two crucial agreements with country’s leading companies. We hope that both the companies will complete the projects on time, as they are known for their quality work and punctuality to complete projects.”

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