The finance ministry has stepped in to rescue the Dabhol Power Project, which is struggling to collect Rs 400 crore dues from Maharashtra's power utility.
Ratnagiri Gas & Power Pvt Ltd (RGPPL), which was forced to shut down generation at the Dabhol project from March 1 due to non-availability of gas, resumed generation from April 3.
GAIL (India) has announced the successful commissioning of the Dabhol LNG terminal located at Ratnagiri in Maharashtra, around 340 km south of Mumbai.
This 5 million tonnes capacity LNG terminal has been set up with an investment of Rs.4,000 crore and will go a long way in meeting the demand of user industries in Maharashtra. Gas from this terminal would be supplied to southern states through a pipeline that would be commissioned by the end of this month, GAIL (India) Chairman and Managing Director B. C. Tripathi told journalists in Mumbai after commissioning the LNG termina
After 5 years of effort and Rs 10,000 crore-plus, the Dabhol power plant is sputtering to life. But will it live?
Ratnagiri Gas and Power (RGPPL) is learning a rather unpalatable truth. It costs a lot more to fix a mistake 18 years down the line than the original project cost.
Dec. 3: The Government has decided that Ratnagiri Power Project Limited (RGPPL), formerly called Dabhol, will get gas from Reliance KG-D6 field on priority basis along with fertiliser units.
Also, the power plants in Andhra Pradesh will be the first to get Reliance gas out of the 18 million metric standard cubic meter per day (mmscmd) earmarked for the power sector, after RGPPL .
DRIVING into Guhagar (Maharashtra), in the shadows of India's largest power unit, on a Monday is like entering a ghost town. Everything is shut because it is the weekly power-cut day. On other days, there's load shedding for nearly six hours. Still, in many other ways, Guhagar is returning to life.
