The Coastal Energen Private Limited, the power generating flagship company of the Coal and Oil Group, is planning to cater to the severe power shortage in Tamil Nadu.
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Ahmed A.R. Buhari, founder president and CEO of Coal and Oil Group, said, “Our first priority is to provide power to the state-run Tamil Nadu Generation and Distribution Corporation Limited (Tangedco).”
Ahmed said 80 per cent of civil infrastructure requirement for the plant was complete, while about 85 per cent of boiler, turbine and generator (BTG) equipment had reached the site.
“We are positive about commissioning the two units of phase-I before March next year,” he said, adding that the company would begin phase-II and phase III after 1,200 MW from phase I gets fully placed in the market. The plant has provision for expansion up to 3,600 MW.
“We are waiting to strike a deal with Tangedco before looking at other options to sell power including exporting to other states,” Ahmed said.
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