12/20/2023 0 Comments Megasync setup![]() This would require the promoters to enter into power purchase agreements with different States. The State in which the mega project is set up may not always be able to absorb the total power and the power would have to be wheeled to other States in the same region or in other regions in the country. When the mega projects come up in the private sector, they would mostly also be composite proposals and include the scheme for development of the linked coal mine as well in many cases.This would be an additional advantageģ. Therefore, the Ministry of Power had been exploring the possibility of setting up mega power projects through the private sector route and the initial response has been positive. It is well known that the public sector does not have adequate resources for putting up the required incremental capacity and it was primarily for this reason that the private power policy was introduced in order to attract domestic and foreign private investment.It is also a fact that the public sector does not have adequate resources for putting up additional coal mining capacity required to match the incremental generation requirement. Establishing mega projects in the coastal regions based on imported coal also poses as a feasible option.Ģ. It is, therefore, obvious that unless Mega power projects are set up in the region having coal and hydel potential, we would not be able to tackle the increasing demand for power on the most viable route. coal is basically located in Eastern and Central India, whereas the Hydel power potential is concentrated in the North east and North but a higher demand for power is in the South and the West. ![]() Moreover, the fuel for such thermal power plants i.e. However, it needs to be recognised that in order to improve the power supply, we would have to set up more than 10,000 MW of the capacity every year in the next few years which is an onerous task. A number of proposals were received and many of them are at various stages of finalization. When the private power policy was initiated during 1991-92, it was envisaged that these would be basically State Projects selling power primarily to the State Grid. ![]() Subject:- Setting up of power plants of capacity 1000 MW or more supplying power to more than one State. ![]()
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