Foreseeing surplus scenario, PSPCL scouting for buyers
Anticipating surplus electricity, Punjab State Power Corporation Limited (PSPCL) has started scouting for its buyers. Preparing for the scenario after the upcoming energy plants in Punjab start operating, A PSPCL team is in Tamil Nadu to explore if it can be a customer state.chandigarh Updated: Dec 04, 2013 00:10 IST
Anticipating surplus electricity, Punjab State Power Corporation Limited (PSPCL) has started scouting for its buyers.
Preparing for the scenario after the upcoming energy plants in Punjab start operating, A PSPCL team is in Tamil Nadu to explore if it can be a customer state. It has met with officials of the local power corporations and industrial houses. The team will also visit other deficit southern states: Karnataka, Andhra Pradesh, and Kerala.
Top officials in the PSPCL confirmed they were looking for selling 1,200 to 1,500 megawatts (MW) of electricity from Punjab. With the 660-MW first unit of the Talwandi Sabo plant inaugurated, and the 700-MW first unit of the Rajpura plant to be inaugurated on December 8, the PSPCL hopes to add 4,000-MW to generating capacity by the year 2014-15.
The new capacity will includes 540 MW from the Goindwal Sahib project that is expected to go operational shortly. The PSPCL is also looking for consultants to assess the exact amount of power available in the state after the plants are commissioned, and it has invited tenders for the sale of power.
'Costly power to be surrendered'
The scenario in the PSPCL had changed, as now it was looking to sell, said chief engineer (power purchase and regulation) VK Kalra. "We are making banking arrangements with other states for the sale of power but deals will come only after power generation begins. We plan to surrender costly power arranged from other states," he added.
When all three units of Tawandi Sabo, and two units each of Rajpura and Goindwal Sahib get working, it will inject 3,980 MW additional power into the Punjab grid in the year 2014-15. Unless Punjab is able to sell this additional energy outside or within (through industrialization), it'll be suicidal to produce it.
The event of not finding a buyer will cost the state `3,600 crore a year in fixed charges, whether the private thermal power plants are run or shut off because of the surplus situation.
Power expected in 2014-15
3,920 MW total capacity addition
1,980 MW from Talwandi Sabo
1,400 MW from Rajpura
540 MW from Goindwal Sahib