Power Today |
 
Advertise Here [728 W x 90 H pixels]
Web Exclusive | October 2012

Petronet to sell its power from Kochi plant at Rs 6.5/unit

Petronet LNG expects to sell power from its upcoming Kochi plant at a tariff between Rs 6 and Rs 6.5 a unit. An analyst report of Edelweiss Securities said that it was disclosed by the management to analysts from Edelweiss.

Petronet LNG’s Kochi LNG terminal is almost ready for commissioning. It is likely to go on stream by December 2012 or January 2013. The terminal is ready and awaiting the start of phase 1 of GAIL’s Kochi to Bengaluru to Mangalore pipeline.

While the LNG imported via the Kochi terminal it will feed several user industries such as HOCL and FACT. Petronet LNG itself is putting up three power projects of 350 mw each to provide the demand for gas. The project is being put up under a joint venture in which Petronet LNG and the Kerala Government will have equal stakes.

Petronet LNG will need to invest between Rs 600 crore and Rs 700 crore for its equity, over the next 3 to 4 years.

Post your comment
Name:  
Email:    
Comments:  
Verification Code:   Change Image

 

Posted Comment
1 .     Yogesh Says:
17 Oct 2016
I wish to start pvc / pp electric wire unit in Delhi. What kind of information I can get if I subscribe for your magazine

2 .     Sarfaraj Bilakhiya Says:
20 Sep 2016
Pls invite me all auction in gujarat

3 .     k.natarajan Says:
20 Jun 2016
we are doing business developing for solar power ,thermal power , customer supporting and we have 45 mw splar power on hand needs investors..... thanks lot pls call +910842559230 +919842753550


Advertise Here [728 W x 90 H pixels]