Question : GAS BASED POWER PROJECTS



(a) whether foundation stone for a gas based power project has been laid by the Government recently in Tripura;

(b) if so, the name of share-holder of power generation company of this project;

(c) the time by which the plant is likely to become operational;

(d) the details of the States and the quantity of power in M.W. proposed to be supplied to each of them from this project; and

(e) the extent of which the power crisis in these States is likely to be met?

Answer given by the minister


THE MINISTER OF POWER( SHRI P.M. SAYEED )

(a) : Hon`ble Prime Minister laid the foundation stone on 29th October, 2005 for a 740 MW Gas Based Power Project being developed by the Joint Venture Company `ONGC Tripura Power Development Company (P) Ltd. (OTPCL)`. Oil & Natural Gas Corporation (ONGC) and Government of Tripura are partners with M/s. Infrastructure Leasing & Financial Services Ltd. (IL&FS).

(b) : The share-holders of the Company and their stakes are as follows:

IL&FS	-	50%	ONGC	-	26%	Govt. of Tripura	-	24%

(c) : Likely commissioning date, as per the draft Feasibility Report, will be 29 months from the date of issuance of `Notice to Proceed` to Engineering Procurement Construction (EPC) contractor. As per the present plan, the commissioning schedule is expected by August, 2008.

(d) & (e) : After meeting the requirements of North-Eastern States, surplus power from the project is proposed to be supplied to different power deficit States in Northern Grid.