Palatana to start power generation in Dec 2011
Agartala, Oct 24 : The Oil and Natural Gas Corporation (ONGC) has assured to start 363 MW power generation in Tripura by next year from its 726 MW gas based power project at Palatana, officials said here today.
Talking to mediapersons, ONGC Tripura Power Company (OTPC) Managing Director SK Dube said all the heavy machinery would be transported via Ashuganj sea port from Kolkata by waterways while the other machineries would be coming by road.
The OTPC officials held a meeting with Power Minister Manik Dey yesterday and assured that the generation from first unit of the Gas Based Power Project at Palatana in South Tripura would begin from December 2011 while the second unit would be started by December 2012.
”The project got delayed because of transportation bottlenecks, as the heavy machinery was not allowed to be brought through surface transport. Recently, both the Indian and Bangladesh governments agreed to improve the 13 km stretch of road from Akhaura check-post inside Bangladesh and as a result, there will be no problem in carrying the machinery from Ashuganj port to the project site,” Mr Dube stated.
The 726.6 MW gas based Palatana Power project and 100 MW Monarchak, which were scheduled to start functioning from December 2011 and 2012 respectively, would able to manage power shortage in the state as well as increase revenue in the power sector.
The Palatana project would jointly be implemented by the ONGC, Tripura government and IL and FS to mobilise the natural gas for power generation. In this project, the ONGC had 50 per cent stake, IL and FS 26 per cent and Tripura government 0.5 per cent. The rest 23.5 per cent stake will be picked up by suitable investors.
Palatana and Monarchak Power Projects were unveiled on October 29, 2005, and March 1, 2002, respectively and the ONGC had agreed to supply gas to Monarchak, besides its own project in Palatana.