Ratnagiri Gas & Power Private Limited (RGPPL), which supplies 290 Mw of power from its Dabhol plant to the railways, will increase generation to 500 Mw by the end of January. The railways have sought the increased offtake and are seeking approval from the Central Electricity Regulatory Commission (CERC) for this.
RGPPL, promoted by NTPC and GAIL to take over and revive the 1,967 Mw plant of Dabhol Power Company, had restored generation on November 26, almost two years after the project had shut down. The resumption became possible after RGPPL received gas through a reverse bidding process undertaken by the Centre. The company then signed a power purchase agreement with the railways to sell electricity at a per unit tariff of under Rs 5.
The railways have said purchase of power from the Dabhol plant will lead to annual savings of Rs 1,000 crore. “After the CERC issues its approval, the scheduling of power will be made by the regional load dispatch centres so that evacuation is possible,” an RGPPL executive said.
He added the company had not received offers from other buyers and power generation would be scaled up in due course.