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Friday, April 26, 2013

Tamil Nadu proposes to launch Rs. 20,000 crore worth power projects -Thursday April 25,2013


The Tamil Nadu Govt on Thursday April 25,2013 proposed a series of power generation and related infrastructure development projects worth around Rs. 20,000 crore, including a Rs. 7,000 crore underground hydel power station in Nilgiris district

The 2,000 mw underground hydel power station at Sillahalla in Nilgiris will take 8-10 years for completion and works will be taken up in two phases, Chief Minister Jayalalithaa said in the state assembly


The State Government has formulated an Rs 5,000-crore plan to strengthen the transmission and distribution infrastructure with Rs 3,572 crore special funding from Japan. The loan will carry 0.55 per cent interest and can be repaid over 20 years with repayment starting after 10 years

The sub-stations planned with the international funding include five 400 kV sub-stations and related distribution lines with Rs 2,750-crore assistance from the Japan International Cooperation Agency. These are to come up in Chennai and Coimbatore


TN CM J Jayalalithaa announced establishing 56 sub-stations in different parts of the state ranging  between 33 kv and 400 kv, at an estimated cost of Rs. 8,000 crore

Work on setting up 14, 230 kV sub-stations will be started to support power supply in Chennai, Tiruppur, Madurai, Thanjavur, Ariyalur, Virudhunagar, Erode and Kanchipuram districts

A 400 kV sub-station will come up in Thiruvallam, Vellore district, at a cost of Rs 1,000 crore. This will help Tamil Nadu share power with other Southern States with the Power Grid Corporation setting up a 765 kV in Thiruvallam.

Tamil Nadu has over 7,140 MW of wind power generation capacity.The State Government has a target of setting up 3,000 MW of solar power capacity over the next three years.

TN CM J Jayalalithaa allotted Rs. 500 crore towards procuring 20,000 new transformers and announced an investment subsidy of Rs. 20,000 for domestic consumers opting for solar power in their homes.

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