Three suppliers --
Reliance Industries, ONGC-Petronet LNG and IOC-Petronas -- are in
the fray for supplying gas to the 1,400 MW Bidadi Power project
being implemented by Karnataka Power Corporation. The gas
requirement is estimated to be 7 million cubic metres per day.
Reliance
Industries would supply gas from its discovery in
Krishna-Godavari deepwater basin, made in November 2002. The
ONGC-Petronet LNGcombine has offered to to supply liquefied
natural gas sourced from Qatar. LNG will arrive at Kochi, and on
regassification, will be piped to Bidadi, 30 km from Bangalore.
The consortium has also indicated that it might construct an
import and regassification terminal at Mangalore, to reduce
transportation costs. In terms of LNG, the requirement is
estimated to 1.8 million tpa.
The IOC-Petronas
combine will source LNG from South East Asian countries.
The bids for
supplying gas closed on 24 March 2004. Gail (India) was also in
the fray but did not submit its bid. Instead, it sought an
extension that was declined by KPCL.
LNG
Equation: An LNG storage and regassification
facility with a capacity of 2.5 million tonnes per annum,
translates to gas availability of 10 million cubic metres per day
(mscmd), enough to run a gas-based power plant of 2,000 MW
capacity. In the case of the 1,400 MW Bidadi power project, the
fuel requirement would be 7 mscmd of gas, or 1.75 million tpa of
LNG.
Related
News:
Capacity of Bidadi Power
Project to double to 1,400 MW (Oct-03)