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Haryana ties up for power

CHANDIGARH: The Haryana Government on Monday “tied up” 2,000 MW of power required to meet the shortfall of 4,000-5,000 MW likely to be faced by the State by 2012, Chief Minister Bhupinder Singh Hooda said after presiding over a Cabinet meeting.

He said finalisation of tariff for specific power generation plants located in Orissa and Gujarat was taken through the process of transparent competitive bidding. The entire process including the Request for Qualification (RFQ) and Request for Proposal (RFP) documents were duly approved by the Haryana Electricity Regulatory Commission. The tariff for the lowest bidders was comparable to the best rates contracted by other States.

Mr. Hooda announced that the thermal plants being established at Dhenkanal (Orissa), Kamalanga (Orissa) and Mundra (Gujarat) by Lanco, GMR (through PTC) and Adani would supply power to Haryana for 25 years beginning 2012 at tariffs ranging from Rs.2.355 per unit to Rs.2.940.

The availability of power from some of these sources would begin by the 40th month and the remaining by the 54th month from the date of issue of Letter of Intent by the Haryana Power Generation Corporation (HPGCL), he added.

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