OTPC persuades for 3rd unit to boost gas base power generation in Tripura

OTPC persuades for 3rd unit to boost gas base power generation in Tripura


Agartala: The ONGC Tripura Power Company (OTPC) has decided to set up third unit at its gas based thermal power project at Palatana in Gomati district in South Tripura, which is running with two units of 726 MW generation potential for past two years. Managing Director of OTPC Satyajit Ganguly said additional gas was sought from the ONGC for running 3rd unit of 363 MW capacities in the project, as OTPC is already developed its infrastructure to augment the generation by 2019. The ONGC sources however, indicated that exploration work has been going on full-swing for new gas reservoirs in West and South Tripura to cater additional gas to OTPC project, continuous supply to 101 MW gas based thermal project of NEEPCo at Monarchak and increased the supply of CNG for vehicles and pipe line gas to kitchen in Agartala. The OTPC is registered as a biggest clean development project in India having 1.6 million Carbon Emission Reduction (CER) certificates, issued by UNFCCC. The dividend has been paid-up equity share capital of Rs1120 Crore amounting to Rs 84 Crore for 2016-17 financial year, within two years of commencement of full operation of Palatana Power Project. It becomes the first dividend paying standalone gas based power generation Company in the country, the statement said adding that OTPC achieved highest ever gross generation of 4170 million units' power during the year, which surpasses previous annual best of 3481 million units' generation of 2015-16. As annual routine exercise, ONGC is all set to renovate the gas supply lines to OTPC's Palatana project from next month. Both operational units of the thermal power project would be shut down during the renovation, an official said. Tripura trades off 100 MW of power from its share in the project to Bangladesh on a daily basis along with 60 MW of its share from NEEPCO's Monarchak project. Tripura has already appeared to be a power surplus state in the country with no load shedding for more than a year.

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