Goa may stop buying power from Reliance Power next fiscal
“Before that we will stop buying power from them from the next fiscal as the tariff charged by them is high,” the CM said.
State power minister Milind Naik, in a written reply on the floor of the House, stated that as per the provisions of the power purchase agreement and subsequent agreements, the Goa government is required to purchase 19.8 MW power out of 48 MW generated by the plant.
“However, as this power is costly, the electricity department restricts the purchase to about 12 MW to 16 MW during various time periods of the day. The average cost of this power from January 2011 to November 2012 is R12.74 per KWh,” the minister said.
Naik said that the Reliance power plant is allowed to sell the balance power from 48 MW directly to the consumers approved by government, as per the provisions of the power purchase agreement.
Responding to a question by Congress legislator Aleixo Lourenco Reginaldo in the House, Parrikar said the state government will have to arrange power for the industrial units that buy directly from Reliance, as the plant could shut down after government stops buying power.
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