UP signs joint venture with Centre for thermal power plant in Kanpur

The state government’s undertaking UP Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) signed a Joint Venture Agreement (JVA) with Government of India’s Public Sector Undertaking (PSU),Neyveli Lignite Corporation Limited (NLCL) for setting up a 2,000 MW thermal power plant at Ghatampur in Kanpur today.

Written by Express News Service | Lucknow | Published:October 7, 2012 5:28 am

The state government’s undertaking UP Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) signed a Joint Venture Agreement (JVA) with Government of India’s Public Sector Undertaking (PSU),Neyveli Lignite Corporation Limited (NLCL) for setting up a 2,000 MW thermal power plant at Ghatampur in Kanpur today.

The project is expected to be completed in five years at an estimated cost of Rs 11,128 crore. The signatories in the agreement were Dheeraj Sahu,who is MD of UPRVUNL and CMD of NLCL B Sunder Mohan.

The agreement was signed at Chief Minister Akhilesh Yadav’s official residence,5-Kalidas Marg though Akhilesh was not present on the occasion. Infrastructure and Industrial Development Commissioner (IIDC) A K Gupta was,however,present on the occasion. An official informed that earlier the CM was expected at the function but he changed his programme due to other engagements.

As per the agreement,the government has permitted the use of 2,500 acres of land and 80 cusecs of water for setting up of the thermal power project. The Irrigation department has assured supply of water from Fatehpur Canal. The state will get 64.39 per cent of power produced from this plant. “Due to paucity of power in the state,the state government has requested the Government of India for allocation of 75 per cent of power generated from this power generation plant,” said A K Gupta who is also the Principal Secretary of Energy Department.

MD UPRVUNL,Dheeraj Sahu informed newsmen that the share capital ratio of UPRVUL and NLCL is 49:51 respectively. The state government’s share capital would be released according to this ratio. “Reliable and quality power would be available as the project is located close to the power load centre,” Sahu said.

The present status of UPRVUNL is that it generated 2,126 MW of power on Saturday with Anpara contributing 1,036 MW,Obra 539 MW,Parichha 376 MW,and Panki 175 MW. Production at Harduaganj power plant was nil on Saturday at 9 am. The total generating capacity of the UPRVUNL is 4,433 MW.

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