After having taken years to carry out the spadework, the
Central authorities have floated bids for 4000-megawatt (MW) Cheyyur Ultra Mega
Power Project in Kancheepuram district, about 100 km south of Chennai. Estimated
to cost about Rs. 24,000 crore, the project envisages the supply of 1,600 MW to
Tamil Nadu. About six and a half years ago, the State government paid
commitment money of Rs. 16 crore.
Cheyyur Ultra Mega Power Project
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|
Location: Kancheepuram Dt
|
|
Total Capacity: 4000 MW
|
|
States
|
Allocation
|
Tamil
Nadu
|
1600
MW
|
Karnataka
|
0800
MW
|
Andhra
Pradesh
|
0400
MW
|
|
0400
MW
|
Kerala
|
0300
MW
|
Uttar
Pradesh
|
0300
MW
|
|
0200
MW
|
The proposed plant will use
imported coal, for which a captive port will be set up. The annual coal
requirement of the plant will be around 12 million tonnes to 14 million tonnes.
Totally, about 1,110 acres are required, for which the process of land
acquisition is underway. The value of land cost has been approved and it comes
to around Rs. 82 crore.
To be carried out in two stages, the process of
selecting a developer is scheduled to be completed by March 28, 2014 with the
signing of power purchase agreement (PPA), even though the validity of bids
will be up to June 4, 2014, for legal reasons. On signing of the PPA, the
Coastal Tamil Nadu Power Limited, a subsidiary of the Power Finance Corporation
(PFC) and the present project proponent, will hand over the project to the
developer.
The Cheyyur project is the second ultra mega power
project to be taken up in the southern region, the other being the
Krishnapatnam project in Andhra Pradesh. However, the execution of the
Krishnapatnam project has come to a halt due to problems in getting coal from Indonesia .
In respect of the Cheyyur project, most of the
statutory clearances have been obtained from the authorities concerned. With
regard to the crucial environment clearance, the Expert Appraisal Committee has
recommended the project to the Union Ministry of Environment and Forests. Even
as the authorities are going ahead with the project, there is a view in certain
sections that it would be better to locate the project to north of Chennai
where a few thermal power projects have already come up and some more are under
execution.
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