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Adani to supply 1600-Mw power to Bangladesh from Jharkhand project
Adani Power (Jharkhand) would supply 1600-Mw power to Bangladesh from the proposed plant coming up in Godda district.
The company had inked an agreement with government of Jharkhand in February for setting up the power plant. As per the state’s policy any company setting up power project has to supply 25 per cent power to the state, a part of it at a rate fixed by the regulatory body and another at variable cost.
Adani Power requested the state government to amend the norms of the agreement and allow the company to supply 25 per cent power to the state from sources other than the project. The company cited the agreement it had reached with the Bangladesh authorities for supplying power.
A Memorandum of Understanding (MoU) was signed by Adani Power and Bangladesh Power Development Board (BPDB) in August 2015 after a joint declaration was issued during Prime Minister Narendra Modi’s visit to Dhaka in June 2015. As per the MoU, the entire production from the 2×800-Mw project would be supplied to Bangladesh
The supply would be through a dedicated transmission line. The controversial over easing norms for the Adani Group cast shadow on the project. The Opposition had contested that the state government should not ease the norms and allow the company to provide 25 per cent of the installed capacity of power to the state from alternative sources and not from the proposed plant.
The company official refused to comment on the issue.
The state government had agreed to the company’s request to supply 25 per cent of the installed capacity to Jharkhand from alternate sources at a tariff determined by Jharkhand State Electricity Regulatory Commission (JSERC). The state would be getting 400-Mw power from the alternate source.
“The state government had allowed Adani power to supply 25 per cent power from alternate source,” state’s Industry Secretary Sunil Barnwal said. The state would be getting its share no matter what the source would be, he added.
The decision of the state government had paved way for the company to supply the entire power generated from the Jharkhand project to Bangladesh. The project is in the initial stage as the land acquisition has been in progress. Brendan Smith Authentic Jersey
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