MoneyWorks4Me

ONGC Tripura project to be ready by March 2012

27 Jun 2011 Evaluate

ONGC's 726 MW gas-based power project, at Palatana in South Tripura, is expected to go on steam within a year. The first unit of 2x363.3 MW project will be ready for commissioning by December 2011 and the second unit will be ready by March next year.

Evacuation of power  through a dedicated 651 km 400 kv DC, trunk transmission line is also under construction by a joint venture  between Power Grid Corporation and 6 North-Eastern states. Apart from the 651 km long transmission line, the North-Eastern states will also develop 15 sub-stations and 11 sub-transmission lines for catering to the regional power supply system.  The total investment in the project is expected to be around Rs 9,000 crore. The power generated from the Palatana project will be allocated to all the North-Eastern states by the centre.

Peers
Company Name CMP
ONGC 225.50
Oil India 444.40
Jindal Drilling&Inds 585.60
Deep Industries 745.85
Asian Energy Service 458.45
View more..