Vedanta’s 1,980-MW Talwandi Saboo thermal power plant has become fully operational with the 660-MW third unit starting commercial generation.
“The third 660-MW unit of Talwandi Sabo power plant in Punjab has put commercial production on August 24, 2016, and will be capitalised in September 2016,” Vedanta has informed the BSE.
Talwandi Sabo Power Ltd, a wholly-owned subsidiary of Vedanta, had set up a coal-based supercritical thermal power plant in Mansa district of Punjab.
TSPL had signed a power purchase agreement with Punjab State Power Corporation Ltd (PSPCL) for the establishment of 1,980-MW (three units of 660 MW each) thermal coal-based commercial power facilities.
The 100 per cent power generated from this project shall be supplied to PSPCL for 25 years.
The company also said the auctions for coal linkages for captive power plants were conducted by Coal India in August.
The tenure of the linkage is five years with an option to extend this further. The premium paid was Rs 96 per tonne, which is 10 per cent over Coal India’s linkage price of captive power plants.