K M Dayashankar
HYDERABAD: Management of the Singareni Collieries Company Limited has decided to expand the existing 1200 MWs of Singareni thermal power project at Jaipur in Mancherial district by setting up additional 800 MWs unit to make it total installed capacity of 2,000 MWs.
The new project of 800 MWs capacity would come up at a cost of Rs 6790 crore. A decision to this effect was taken at the Singareni 561 board of directors meeting under the chairmanship of chairman N Sridhar in Singareni bhavan in Hyderabad on Friday.
The Singareni chairman instructed the authorities concerned to prepare a detailed project report (DPR) for 800 MWs unit at Jaipur power plant. Stating that the existing 1200 MWs of power station was providing Rs 500 crore profits annually, he said that the expansion of thermal station would provide more profits to Singareni.
With the Singareni setting a target of producing 70 million tonnes of coal during this financial year, the meeting had decided to set up an explosive plant with 50,000 tonnes capacity at Mandamarri in collaboration with Indian Oil Corporation to ensure steady supply of explosives for taking up explosions and excavation of coal at various mines. Already, the Singareni was having explosive units of 50,000 tonnes capacity at Manuguru and Ramagundam areas and the meeting had decided to increase it capacity to one lakh tonnes respectively.
The board meeting had also decided to provide 95 percent reservations to the locals in various employment opportunities in the Singareni collieries. It had also decided to purchase uniforms for the miners and others from the Telangana state handloom weavers cooperative society on nomination basis worth Rs 2 crore.
Chairman N Sridhar, Finance department chief secretary Ramakrishna Rao, Energy department special chief secretary Sunil Sharma, Central Coal ministry directors PSL Swamy and VK Solanki, Singareni directors S Chandrashekhar, N Balaram, D Satyanarayana Rao were present.