After a three-year uncertainty, the Monarchak thermal power plant in Tripura is all set to take off. The Oil and Natural Gas Corp (ONGC) has agreed to provide natural gas.
"After getting the Cabinet Committee on Economic Affairs (CCEA) clearance, the works for commissioning the 104 MW combined cycle thermal power project would start in April next year," said North Eastern Electric Power Corp chairman-cum-managing director MR Ghosh.
The Rs.4.47 billion power plant is expected to be commissioned by August 2009.
"The ONGC had earlier committed to provide one million cubic metre of gas per day for the project. Now they would be giving us just half," Ghosh said.
The Monarchak thermal plant was cleared three years back and was expected to be a 280 MW project. The revised ONGC gas supply agreement had forced NEEPCO to lower its capacity to 104 MW.
"The petroleum, power and finance ministries agreed to revive the Monarchak project following pressure from the Tripura government," Ghosh told journalists in Agartala.
The NEEPCO has also decided to commission two coal-based thermal power projects in Meghalaya, each of 240 MW.