September 08, 2008

Gujarat NRE to set up coke oven gas based power plants

BS reported that Gujarat NRE Coke is planning to set up coke oven flu gas power plants in its production facilities at Bachau in Gujarat and Dharwad in Karnataka. The plans will have a combined capacity of 15 MW.

Mr PR Kannan CFO of Gujarat NRE Coke said that "We are looking at setting up 2 power plants in the next 18 months for which we will earmark around INR 130 crore."

He added that "The first plant would come up at Dharwad at a cost of INR 65 to INR 70 crore. The power would be used for the company's own requirements and there are no plans to commercialize it. A third plant is also being considered which could need a further investment of INR 80 crore.”