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Gas supplies to Bidadi Power project: Three cos in fray

Saturday, 03 Apr 2004
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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)

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