CII plans captive power project in Nashik

To mitigate the power shortage problem in Nashik city, the Confederation of Indian Industry (CII) is planning to form a public-private partnership to set up a captive power plants here on the lines of the project in Pune.

Speaking to Business Standard, Rahul Kirloskar, vice-chairman, Maharashtra council of CII, said, "Power is an essential input for an industrial development. Today, Maharashtra is still facing power shortage and the state government has promised to find a solution to the problem in the next 3 to 5 years. Neither the Centre nor the neighbouring states have surplus power to share. Considering these factors, CII has decided to form a public-private partnerships in major cities of the state to mitigate the power shortage. Such a pilot project has been successfully implemented in Pune, which is now completely free from power cuts."

"Now, CII is planning to implement a similar project in Nashik. We have called a meeting of some industrialists from Nashik to give them a presentation on the Pune pilot project. We will soon conduct a survey in Nashik to know the city's current power scenario and the kind of project suitable for it," Kirloskar said.

The pilot captive power project in Pune has successfully bridged the demand-supply gap of 100 Mw per day.

Before the project was set up by 30 companies in PPP, the city used to get 550 Mw daily as against its requirement of 650 Mw, leaving a shortage of 100 Mw. Thus, Pune today is completely free from power shortage, he added.