October 08, 2008

Bhavnagar Energy to set up power plant

Projects Today reported that Bhavnagar Energy Company Limited has initiated steps to set up a 500 MW to 600 MW lignite based pithead power project, based on circulating fluidized bed technology at Padva in Gujarat.

Mr Mehul Danait finance director of Bhavnagar Energy said that the project would entail an investment of INR 2,000 to INR 2,200 crore depending on the final picture emerging from the bid process. He added that "It is in the process of seeking bids for general civil and structural works. The response for the bidding process for supply of steam generator units and steam turbine generator units, both with associated auxiliaries, has been encouraging. Power generated from the plant will be exported to the state grid."

BECL is a JV company formed by 7 state PSUs, namely Gujarat Power Corporation Limited, Gujarat State Investments Limited, Gujarat Mineral Development Corporation Limited, Gujarat Industries Power Company Limited, Gujarat Alkalies & Chemicals Limited, Gujarat Narmada Valley Fertilizers Company Limited and Gujarat State Fertilizers & Chemicals Limited.