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From
coal to power :
The Videocon project includes
captive mining of coal. |
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Videocon
Power Limited is a new company promoted by Videocon Group for implementation
of 2 X 525 MW Power Project in Tamil Nadu, India, at an estimated cost of
Rs. 4,500 Crores.
The Videocon
Group has been entrusted by the Tamil Nadu Electricity Board with the
implementation of Stage -II of the North Madras Thermal Power Project. Stage
II of this Coal based Project will be located at Ennore and Puludivakkam
villages in Ponneri Taluka in Chegnai, MGR District, about 20 Km. north Of
Madras. The site is located on the sea shore, along the Bay of Bengal. Just
to the north of the site is the proposed new coal handling satellite port
at Ennore, which is expected to be functional by year 1999, with an annual
handling capacity of 16 million tons of coal.
The project
has received almost all clearances, such as, N.O.C. from Pollution Control
Board, Environment Clearance, Civil Aviation Clearance, Techno-Economic Clearance
by C.E.A. etc., The P.P.A. is finalised between the Parties and awaits formal
approvals of the TNEB and Government of Tamil Nadu.
For the
Cool requirements of the proposed project, Utkal Block `B-1' of Talcher Coalfield
has been allocated to Videocon Power Ltd., as a captive coal mining block,
by Ministry of Coal, Government of India. Videocon has promoted a new company
to mine and beneficiate the coal. The coal Mining Company which will be managed
by one of the well known international Coal Mining Companies will also be
executing the Fuel supply Agreements with VPL. The coal will be brought by
the rail-cum-ship route to Ennore Satellite Port, adjacent to the plant site.
The project is proposed to be completed and commissioned by the year 2000,
and the entire power generated will be sold to the Tamil Nadu Electricity
Board.
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