The 1320 MW (2X 660 MW) coal based super critical thermal power project of China Light and Power India at Jhajjar in Haryana is expected to be operational between January and March 2012.
According to sources, headquartered in Hong Kong, China Light and Power is one of the largest power companies in Asia Pacific with interest in over 50 generation, transmission and distribution assets in Hong Kong China, the Philippines, Australia and others.
According to Kolkata headquartered power sector EPC contractor Techno Electric & Engineering Company Ltd the commissioning of the transmission line from Jhajjar to consumption centres at Rohtak and Sonepat will be over in December. The transmission project is set up by KT Transco Pvt Ltd an SPV created by Techno (49%) and Kalpataru Power Transmission Ltd (51%).
The INR 450 crore transmission project generated an EPC business of INR 210 crore to Techno. This is above the INR 54 crore annuity income expected for operating the transmission line for 25 years against an equity contribution of INR 38 crore.
As per Mr PP Gupta MD of Techno, “We are expecting the construction of the first 660 MW unit of CLP to be over soon after the commissioning of the transmission line.”
The INR 700 crore EPC major has recently forayed into wind power generation and completed commissioning of 104 MW capacity in Tamil Nadu through its subsidiary Simran Wind Project.
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