100 MW gas based power project to be set up in Tripura
January 27th, 2011 - 4:49 pm ICT by ANINew Delhi, Jan 27 (ANI): The Cabinet Committee on Economic Affairs (CCEA) on Thursday approved a plan to set up a 100 megawatt gas-based power project in Tripura.
The government has sanctioned Rs. 623.44 crore for the project, which is expected to be commissioned by July 2013.
This includes interest amount of Rs. 51.09 crore during construction at November 2009 price level.
The project will be completed with a debt-equity ratio of 70:30. While the equity portion shall be met through NEEPCO’s internal resources, the debt portion shall be arranged through Commercial Borrowings.
The power generated from the project will be supplied to Tripura.
The project would contribute to the economic development of the State by providing 100 MW power and direct and indirect employment to the local population.
Being a combined cycle power station by using natural gas, the plant shall be of high efficiency and also environmentally compatible project, with negligible emission.
This project will mitigate the problem of power shortage in the NER and the consequent need for import of power particularly during the winter seasons.
The project will improve the hydro-thermal mix in the NER and the Country. (ANI)
- Revised cost for Tripura power project gets nod - Jan 28, 2011
- Tripura power project gets central nod - Jun 19, 2009
- Three new power projects in Mizoram - Mar 27, 2010
- Northeast to generate 5,000 MW more in next few years - Jul 07, 2011
- Three hydel power plants to come up in Mizoram - Jul 18, 2011
- NEEPCO project in Tripura to run by water, thermal heat - Dec 25, 2010
- Northeastern India's largest power project to ease electricity woes - Nov 21, 2011
- India seeks $2.5 bn World Bank aid for power projects - Jun 20, 2011
- India to add 65,000 MW power in 12th plan - Jan 02, 2011
- Tripura to provide electricity in all hamlets by 2013 - Jan 23, 2012
- Lanco Infratech achieves financial closure for 732 MW project - Jan 11, 2011
- Power-starved northeast India to get another 870 MW - Feb 08, 2010
- Power-starved northeast India to get another 870 MW (Lead, superseding earlier story) - Feb 08, 2010
- CESC plans to raise Rs.1,200 crore in equity - Dec 07, 2010
- Foreign banks support Jaitapur n-plant: NPCIL - Mar 23, 2011
Tags: borrowings, cabinet committee, combined cycle power, consequent need, crore, debt equity ratio, economic affairs, economic development, high efficiency, indirect employment, internal resources, megawatt, mw power, natural gas, New Delhi, population, power shortage, winter seasons