Sat, Sep 03, 2011
Debjoy Sengupta, ET Bureau
KOLKATA: National Thermal
Power Corporation's proposed project at Adra in West Bengal, which it plans to
execute with the Railways, has hit a roadblock over valuation of land on which
it is to be built. The power producer now plans to approach the Railway
Ministry for a resolution.
The 1,3200-mw thermal power plant is to be
executed as a 26:74 joint venture between the two state-run entities. Over
1,300 acres of land identified for the project belongs to the Railways. NTPC
and the Railways need to agree on its pricing for the project to take off.
"We feel the price being asked is on
the higher side. The land is valued nearly at par with that in Kolkata, and
NTPC executives are not too happy with the price being asked," an NTPC
source said, adding, "NTPC officials are planning to take up the issue
with the Railway Ministry so that it can be solved amicably."
The power producer is also waiting for the
go ahead from the state government for acquiring land for another proposed
1,600mw thermal power plant at Katwa in Bardhaman district. The state
government has acquired about 575 acres of land for the plant. NTPC needs
another 1,000 acres to start construction.
"We cannot start construction work on
this 575 acres," NTPC chairman Arup Roy Choudhury had said, adding that
0.7 acres of land was needed for every megawatt of power generation capacity.
The memorandum of understanding for the
plant had been signed in December.
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