PSPCL eyes Rs 260 crore in profits with plant revival

PATIALA: The opposite auctioning biding for the revival of the Jalkheri biomass-based energy plant of 10 MW capacity, the tenders of which were just lately floated via the Punjab State Power Corporation Limited (PSPCL), has enabled the powercom to eye a Rs 260 crore in income over the following 20 years.

Efforts to restore the Jalkheri energy plant, which used to be shut down in September 2007, had been just lately conceived via the ability corporation for which it had been decided to restore the plant on renovate, perform and switch (ROT) foundation for a duration of 20 years. The technical bid of soft to lease out the plant used to be opened on November 22, 2018, during which 3 corporations have participated.


During the opposite auction, a tariff price of Rs 5.84 in keeping with unit used to be quoted via one of the player bidders. While, consistent with the September nine, 2018 order, the Punjab State Electricity Regulatory Commission has fixed the in keeping with unit tariff for biomass-based energy vegetation between Rs. eight.25 to 8.36 in keeping with that are tendered via Punjab Energy Development Authority.


PSPCL chairman-cum-managing director Baldev Singh Sarn stated that at Rs 5.84 a unit bid, the corporation will benefit via Rs 13 crore in keeping with annum. He stated the soft used to be being processed and the work can be allocated to the bottom bidder in the due process time. Once the renovation work starts, the plant is predicted to develop into operational in 27 months.


The plant will generate 56.94 million units in keeping with annum, taking into account a plant load factor of 65%.


The CMD stated the ability plant used to be constructed via erstwhile Punjab State Electricity Board at Jalkheri village and it used to be commissioned in June 1992. The plant remained operational until July 1995. In July 2001, it used to be once more leased and commissioned in July 2002, and stored operational till September 2007, however used to be once more closed down.
PSPCL eyes Rs 260 crore in profits with plant revival PSPCL eyes Rs 260 crore in profits with plant revival Reviewed by Kailash on December 31, 2018 Rating: 5
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