Doubts intensify over future of Bidadi power plant

Vol 8, PW 20 (12 Jan 05) News in Brief
     

Directors of Karnataka Power Corporation meet later this month to consider what to do about the proposed 1400-MW Bidadi power plant.

Doubts about the projects future have intensified since 30th December when neither Reliance, Petronet-LNG nor a consortium of Indian Oil and Petronas submitted gas price bids. We will have to negotiate a gas supply agreement with one of the bidders or re-tender, reveals a Karnataka government source.

Or we can set up an LNG terminal on our own or with one of the state-owned oil companies. Karnataka is in desperate need of power generation capacity.

Installed capacity in the state is about 5000-MW but peak demand regularly crosses 7000-MW. Coal is the preferred fuel in India but not suited to Karnataka.

Only gas is attractive but we seem unable to get it, he adds. Coal is expensive and we arent allowed to set up a coal-based plant near Bangalore.