(a) whether two blocks of Ratnagiri Gas and Power Limited needs further repair;
(b) if so, the details thereof;
(c) whether the cost of repair of these blocks have been worked out;
(d) if so, the estimated cost thereof; and
(e) the total investment made so far in the said project for restarting power generation
in the said project?
THE MINISTER OF POWER (SHRI SUSHILKUMAR SHINDE)
(a) & (b) : Out of three power blocks at Ratnagiri Gas and Power Private
Limited(RGPPL) project, only Power Block-II (740 MW) has been commissioned so far.
The other two, Power Block-I (670 MW) and Power Block-III (740 MW) are yet to be
revived and commissioned.
(c) & (d) : As per the preliminary estimates submitted by M/s. Tractabel, technical
consultants to the Indian lenders, the revival cost of these two Power Blocks i.e. Power
Blocks I & III had been estimated at Rs.146 Crore in August 2003. However, this
estimation was made on limited access to the plant as the assets were then under the
custody of the Court receiver. The final cost shall be known only after the contract for
revival work for these two power blocks is awarded.
(e) : RGPPL have informed that Rs.8485 Crores have been paid towards
consideration for transfer of assets to RGPPL from the erstwhile owners, as per the
directions of Hon`ble Mumbai High Court. Further, expenditure of about Rs.230 Crores
have been incurred upto July, 2006 towards revival of project.