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Topic review
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Message
cheapbag214s
Posted: Sat 23:34, 31 Aug 2013
Post subject: voltage entry into power generation
voltage entry into power generation,
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The promoters of Action Shoes,
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, compact disc and solar player Moser Baer,
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, polyester-maker Indo Rama Synthetics,
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, Maharashtra-based alcohol firm Pioneer Distilleries Ltd,
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, and shrimp exporter Deviseafoods Ltd,
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, are among those working on plans to enter the commercial power generation segment.
Most of them are looking at thermal projects of 100 MW and above in capacity,
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, eyeing mainly the short-term merchant power market with the hope that the venture would generate a separate revenue stream distinct from their respective core businesses.
The prospect of fuel from the Krishna-Godavari Basin is further creating interest in gas-based generation,
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, especially among prospective developers. Engineering procurement and construction (EPC) firm SEW Infrastructure Ltd and Andhra Pradesh-based Agrigold Projects Ltd,
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, are among those in the fray for gas allocation.
While promoters are queuing up to inject money into large-sized projects,
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, most do not plan to actually get into the daily operations of the projects and instead,
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, outsource the task. Verghese, said.
Project size
The size of projects being planned is also fairly big,
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, considering that the experience of most of these new players is,
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, at best, limited to running only small-sized captive units.
For instance,
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, Action Ispat and Power,
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, the firm promoted by the owners of the Action Shoes brand,
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, is planning a 500-MW gas-based greenfield project.
Deviseafoods Ltd is looking to set up a 100-MW gas-based project,
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, while the steel and tea estates player,
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, Bagaria Group-owned AHW Steel, has sought fuel allocation for a 200-MW gas project.
Moser Baer is working on plans for a 1,
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,000-MW coal-fired project in Chhattisgarh and a 500 MW gas-based project in Madhya Pradesh,
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, for which it has sought a fuel allocation of 2.4 million standard cubic metres a day.
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