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Full page fax print - Indo-American Chamber Of Commerce

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India's<br />

Emerging<br />

Power Hub<br />

& Capital<br />

Korba in <strong>Full</strong> Swing<br />

Chief Minister Singh's Government is fully aware As in the Green Revolution of the past, which<br />

that power is the crucial input for industrial growth concentrated on Punjab and Haryana, the new 'Power<br />

and has proceeded to implement policies to boost Revolution' may focus on cheap pithead power<br />

electricity generation in the State. With a massive producing states like Chhattisgarh, which has the<br />

power generation complex at Korba, Chhattisgarh potential to produce up to 50,000 MW of power.<br />

today is a power-surplus State attracting power- Towards making Chattisgarh the power hub of India,<br />

intensive industries besides supplying power to NTPC has already started construction on its 2640 MW<br />

Delhi, Gujarat and Karnataka, among others. Sipat Super Thermal Plant and another 600 MW plant in<br />

Situated in the middle of the country, Chhattisgarh Korba. In response to the State's invitation, the<br />

is poised to be India's Power Hub and Capital in the Government of Gujarat is putting up a 500 MW<br />

near future, enabling it to transmit power to each generation plant in Korba. Several other States are also<br />

and every part of the nation.<br />

interested. Power will be wheeled to the respective States.<br />

Private sector MoUs total another 1500 MW, and more<br />

Strategically located in central India, Chhattisgarh's<br />

projects are in the pipeline.<br />

large surplus of power can be easily transmitted without<br />

losses to any of India's four grids. Chhattisgarh is in the Chhattisgarh has excellent power evacuation<br />

chronically deficit western grid, and is linked to the infrastructure. It can transport and sell power to deficit<br />

southern and northern grids. A special high-tension line areas in any part of India. CSEB levies minimal wheeling<br />

is being laid between Raipur and Rourkela, in the Eastern charges. The State has 44 percent forest cover; even so,<br />

grid. With its 'Power Hub' strategy, the State will remain Chhattisgarh Environment Protection Board pursues<br />

power surplus for all times to come. Hence it would be proactive policies so that power generation is<br />

the preferred destination for all power intensive environmentally sustainable. An added reason for<br />

industries.<br />

investing in Chhattisgarh's power generation sector is the<br />

State's progressive power policy that allows third party<br />

Korba in Chhattisgarh is really the Power Capital of<br />

sales to buyers outside its territory, with or without<br />

India. NTPC's Super Thermal Power Plant in Korba is<br />

wheeling from CSEB. This also overcomes the usual<br />

working at 90 percent Plant Load Factor (PLF), and the<br />

escrow/guarantee bottleneck<br />

plants of the Chhattisgarh State Electricity Board (CSEB)<br />

are also highly efficient. There are huge coal reserves in CSEB is one of few profit-making State Electricity Boards.<br />

the vicinity, offering cheap pithead power generation Power Sector Reforms are underway in Chhattisgarh. The<br />

opportunities and there is enough water from the State's user-pays regime has been adopted. There is no free<br />

largest reservoir of Hasdeo Bango. As much as 84 power in the State. Subsidies, where applicable, are<br />

percent of India's coal is in Chhattisgarh and two other targeted. The process of Tariff rationalization is on. A<br />

states. There are adequate coal supplies- South Eastern hundred percent Electronic Metering project has been<br />

Coalfields Ltd, Bilaspur is doubling its production from started<br />

<br />

35 million tonnes to 70 million tonnes per annum.<br />

- INDO US BUSINESS SPECIAL ISSUE<br />

39

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