State owned miner Singareni Collieries Company will finalise the balance of the plant for its 2X 600 MW coal fired thermal power station coming up in Adilabad by March this year.

Mr S Narsing Rao CMD of SCCL said that “We will finalise the BOP by March. The process relating to it is already on.”

The project coming up in Jaipur mandal of Adilabad district is the first power venture for SCCL. The project is estimated to be INR 5,685 crore. About 70% of it (INR 3,980 crore) will come from Power Finance Corporation and about INR 350 crore has already been extended to SCCL, which will get the remaining 30 per cent of the project funding from its internal accruals and some debt.

The Balance of Plant is expected to cost around INR 1,000 crore. The civil works are already on.

SCCL has already placed a INR 4,071 crore equipment supply order with Bharat Heavy Electricals Limited for design, engineering, manufacture, supply, erection, testing and commissioning of steam turbines, generators, boilers and associated civil work of the projects.

According to Mr Rao, the Phase I of the power plant is expected to be ready by end of 2014 while the second unit would be commissioned in three to six months after that.

The project would need about 13,500 tonne coal per day and this would be supplied from SCCL Srirampur and RK mines in Adilabad district. The mines, which were abandoned earlier, still had reserves 160 to 170 million and would last for about 40 years.

(Sourced from www.mydigitalfc.com)