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South Asia:Govt. plans ultra mega power project

The government in India is deciding whether to set up a new power plant in Tamil Nadu. Actions are expected soon. The Power Finance Corporation is quickly adding new plants to meet India's growing demand for electricty. Contracts are expected to be made soon, with more powerplants comming in the future. Contracts are expected to be awarded before mid-2007.

India and China both have a growing demand for power. India especially, faces rising incomes, meaning families will be able to buy more electronic "junk" which all consumes more power. The techs in the call centers are all sitting in front of thirsty computers. As India high-tech industry grows, the power supplied must be able to meet the demand or growth will be slowed. Luckily we can get electricity from many different sources, while gasoline for cars, only has one real source: crude oil. An increase in power is necessary for India's growing economy.

I would agree with the author. India needs more power and needs a good infustructure to support their new hi-tech industries, which will bring them out of poverty.

(cite source)


http://www.hindu.com/thehindu/holnus/401200609130355.htm Chennai (source) from the Hindu (org)

New Delhi, Sept. 13 (UNI): The government is currently considering setting up an ultra-mega power project in Tamil Nadu and the action on this project will be initiated shortly, official sources said.

The setting up of the ultra-mega project is in response to the State government to setting up the project in the state to bridge its growing demands.

Meanwhile, the two ultra-mega power projects, out of the five, of 5,000 MW each are being readied by the end of the year with the Power Finance Corporation (PFC) inducting State representatives to help resolve implementation issues.

PFC has reconstituted the Boards of Sasan and Mundra Ultra Mega Companies who will expedite issues with purchasers including signing of Power Purchase Agreements which has already been finalised through a broad-based consultation involving bidders, purchasers, regulatory commssion and the Central government.

Addressing media after the kick-off of the reconstituted boards, Additional Secretary in the Power Ministry Ajay Shankar and Chairman of these companies Shyam Wadehra said that this is only a beginning of the process of broad-basing shell companies for other ultra mega power projects including Krishnapatnam in Andhra, IB Valley in Orissa and Girye in Maharashtra.

The other three mega projects are also progressing and would be awarded before mid-2007.

Shankar said that the government has received a recquest for establishment of a similar ultra mega project in Tamil Nadu and the request is currently being looked into by the Central Electricity Authority (CEA) for identifying suitable sites.

Action will be initiated on this project shortly, he said.