New Delhi, Oct 23 (UNI) The Delhi cabinet today approved commissioning of the Pragati Power Project Phase-II that will generate 350 MW power and also gave its nod to the Delhi Value Added Tax (Amendment) Bill 2006 for introduction in the Assembly Session scheduled to begin from October 30.
The decisions were taken in a cabinet meeting presided over by Delhi Chief Minister Sheila Dikshit.
The cabinet had given its approval for commissioning of 350 MW power Pragati Power Project Phase-II, keeping in view assured availability of 10 Million Metric Standard Cubic Meters per Day (MMSCMD) gas which would suffice to generate around 2,000 MW Gas Based power from Pragati-II, Bawana and IPGCL power stations.
The Cabinet also approved an amount of Rs 417 crore, which was 30 per cent of total project cost as equity of the Delhi government for meeting the expenditure of the power project, Ms Dikshit said.
The total project cost was expected to be Rs 1,389 crore.
A 330 MW Gas Based Combined Cycle had already been commissioned and it was imperative to commission another 350 MW Gas Based Combined Cycle Power Project, she added.
Ms Dikshit said ''There is no doubt that the power shortage in Delhi is well recognised which needs to be augmented at all costs particularly, when the Commonwealth Games are due to be held in the capital in the near future and the union government has suggested to increase the core generation within Delhi.'' Based upon the power demand projections of Central Electricity Authority and availability projections by Delhi Transco Ltd, the deficit in peak load would be around 1065 MW in 2008-09 and 575 MW in 2009-10 whereas with the commissioning of all upcoming projects there would be a sea-change in the scenario resulting in surplus of 969 MW in 2010-11 and 897 MW in 2011-12.
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