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ADAG sees no constraints on gas, coal supply

By Staff
|

New Delhi, Jan 6 (UNI) Reliance ADAG Chairman Anil Ambani today said availability of coal and gas for its power plants was not a problem with both domestic supply and imports being sufficient to cater to its demand.

''Many companies have approached us for supply of gas as worthy consumers and we believe that India will be a gas-long market with major discoveries by various operators,'' said Mr Ambani.

Mr Ambani said many units in the country was running below its capacity due to lack of feedstock, but he saw things changing in the near future.

Mr Ambani said the company will use both domestic and imported coal for the proposed power projects.

''India has the largest coal reserves amd we need to utilise it.

The Sasan project and the one coming up in Jharkhand is a step in that direction,'' Mr Ambani said.

He added that for the projects close to the coastal region, the company will deend on imported coal to rum the plants.

Reliance Power, which has 28,200 mw of generation capacity in the pipeline, is building coal-based power plants at Sasan (4000 mw) and Krishnapatanam (4000 mw), but has no plants in operation yet.

''People who have coal are looking for a stable home like India and we hope that our next projects will be based on imported coal,'' Mr Ambani said.

UNI PBB SLD KN1452

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