September 19, 2024

Report Wire

News at Another Perspective

Wind up OCPL, merge with OPGC: Soumya to OERC

4 min read

By Express News Service

BHUBANESWAR: In a big enchancment, senior BJD chief and MLA Soumya Ranjan Patnaik has generally known as for the abolition of Odisha Coal and Power Limited (OCPL) as an unbiased entity and its merger with the Odisha Power Generation Corporation (OPGC).

In a submission to the Odisha Electricity Regulatory Commission (OERC) on May 15, the ruling celebration lawmaker raised numerous pertinent factors along with the continuance of OCPL after AES relinquished 49 per cent of its equity inside the Odisha Power Generation Corporation (OPGC).

He moreover requested the regulatory physique to seek out out the enter worth of coal offered by OCPL to the stage-II power initiatives of Ib thermal power station afresh on the premise of the worth determined by the Central Electricity Regulatory Commission (CERC) for Darlipali power station of NTPC.

“We do not find any reason for the continuance of OCPL as OPGC is now a wholly-owned company of the state government. BGR Infra has been selected in the competitive bidding process to carry out mining operations at coal mines allotted to OPGC,” he talked about.

Patnaik urged OERC to advise the state authorities for the closure of OCPL and its merger with OPGC to carry out coal mining operation of Manoharpur coal blocks by BGR Infra.

The BJD chief, one in all many objectors to the flexibility expertise tariff software program of OPGC for 2023-24, had charged OCPL, a 3 approach partnership of OPGC and OHPC, of making an additional income of Rs 479.33 crore all through 2021-22 and 2022-23 financial years by charging the subsequent worth than the exact worth of coal to OPGC.

Citing quite a few notifications and orders of the central authorities along with the phrases and conditions specified inside the allotment order, Patnaik had argued that OCPL cannot make any income on sale of coal to OPGC so that the revenue have to be handed on to the final phrase prospects.

Accusing OERC of failing on its mandate by not following the concepts adopted by CERC for the dedication of enter worth of coal produced from Dulanga mines to NTPC’s 2X800 MW power vegetation at Darlipali in Sundargarh district, Patnaik talked about the state regulator has burdened the shoppers by rising the expertise tariff of OPGC by 50 paise per unit.

Seeking modification to the OERC (Terms & Conditions for Determination of Generation Tariff) Regulations, 2020, in keeping with the CERC guidelines, Patnaik requested the charge to impress movement to utilise the income derived by the OCPL by billing bigger coal worth and from service supplier sale of coal for the low cost of expertise tariff from the Unit-III and IV of Ib thermal power station.

BHUBANESWAR: In a big enchancment, senior BJD chief and MLA Soumya Ranjan Patnaik has generally known as for the abolition of Odisha Coal and Power Limited (OCPL) as an unbiased entity and its merger with the Odisha Power Generation Corporation (OPGC).

In a submission to the Odisha Electricity Regulatory Commission (OERC) on May 15, the ruling celebration lawmaker raised numerous pertinent factors along with the continuance of OCPL after AES relinquished 49 per cent of its equity inside the Odisha Power Generation Corporation (OPGC).

He moreover requested the regulatory physique to seek out out the enter worth of coal offered by OCPL to the stage-II power initiatives of Ib thermal power station afresh on the premise of the worth determined by the Central Electricity Regulatory Commission (CERC) for Darlipali power station of NTPC.googletag.cmd.push(carry out() googletag.present(‘div-gpt-ad-8052921-2’); );

“We do not find any reason for the continuance of OCPL as OPGC is now a wholly-owned company of the state government. BGR Infra has been selected in the competitive bidding process to carry out mining operations at coal mines allotted to OPGC,” he talked about.

Patnaik urged OERC to advise the state authorities for the closure of OCPL and its merger with OPGC to carry out coal mining operation of Manoharpur coal blocks by BGR Infra.

The BJD chief, one in all many objectors to the flexibility expertise tariff software program of OPGC for 2023-24, had charged OCPL, a 3 approach partnership of OPGC and OHPC, of making an additional income of Rs 479.33 crore all through 2021-22 and 2022-23 financial years by charging the subsequent worth than the exact worth of coal to OPGC.

Citing quite a few notifications and orders of the central authorities along with the phrases and conditions specified inside the allotment order, Patnaik had argued that OCPL cannot make any income on sale of coal to OPGC so that the revenue have to be handed on to the final phrase prospects.

Accusing OERC of failing on its mandate by not following the concepts adopted by CERC for the dedication of enter worth of coal produced from Dulanga mines to NTPC’s 2X800 MW power vegetation at Darlipali in Sundargarh district, Patnaik talked about the state regulator has burdened the shoppers by rising the expertise tariff of OPGC by 50 paise per unit.

Seeking modification to the OERC (Terms & Conditions for Determination of Generation Tariff) Regulations, 2020, in keeping with the CERC guidelines, Patnaik requested the charge to impress movement to utilise the income derived by the OCPL by billing bigger coal worth and from service supplier sale of coal for the low cost of expertise tariff from the Unit-III and IV of Ib thermal power station.