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RINL mulls tie-up with NTPC for 500 MW plant

RINL mulls tie-up with NTPC for 500 MW plant
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Rashtriya Ispat Nigam Limited, the corporate entity of the India’s only shore-based steel major, is planning to tie up with the public sector NTPC for setting up two units of 250 MW super thermal power plant in the plant premises. The plant would require over 400 MW of power when it reaches the target of 30 million tonnes sometime in 2030.

TO RAMP UP OUTPUT

Visakhapatnam: Rashtriya Ispat Nigam Limited, the corporate entity of the India’s only shore-based steel major, is planning to tie up with the public sector NTPC for setting up two units of 250 MW super thermal power plant in the plant premises. The plant would require over 400 MW of power when it reaches the target of 30 million tonnes sometime in 2030. The company recently commissioned green power project to generate completely pollution-free 120 MW captive power by using 100 per cent blast furnace and coke oven gas.

The average power requirement of the plant at 6.3 million tonne stage will be 418 MW. The RINL is currently having three turbo generators each 60 MW (180 MW) capacity and two turbo generators of 67.5 (135MW) each taking the total captive power generation capacity to 315 MW. “We are in the initial stages of discussions and the NTPC sounded positive to our proposals,” said chairman and managing director RINL P Madhusudhan. speaking to the newsmen here on Saturday, the CMD said RINL would stand to gain from this joint venture project since the NTPC has coal linkage.

The proposed 2x250 MW units would suffice the requirement of the plant when it touches 30 million tone production, he added. The present requirement is 350 MW and the plant draws an additional power of 35 mw from the State grid, he added. When he was told that the NTPC has been looking for a JV partner for its Simhadri project, the CMD said it was possible that the project with RINL could be established there.

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