Railways has started procuring 300MW power from government-owned Ratnagiri Gas Power plant for its traction power needs in the Maharashtra region. Indian Railways said,
“This electric power is nearly Rs 4 a unit cheaper in comparison to the present tariff being paid by Railways in Maharashtra”. Railways has been allocated 500 MW power from Ratnagiri plant.
The procurement of remaining 200 MW power will also be done soon which will be utilized for traction power needs in other states. Central Railways official told Business Standard, “Earlier, Central Railway was to draw power from MahaVitaran at Rs 9 per unit”.
The complete procurement of 500 MW in the coming days is expected to give a saving of about Rs1,000 crore annually.
The Ministry of Power has given deemed distribution licensee status to Indian Railways and the Central Electricity Regulatory Commission (CERC) has endorsed this decision. Further, CR will purchase electricity from TATA and MSEB if there are any further requirements and also a special energy cell will be operated 24×7 from CST office wherein after every 15 minutes, a load check will be conducted. RGPPL, promoted by National Thermal Power Corporation Limited, is an Indian Public Sector Undertaking, engaged in the business of generation of electricity and allied activities. It is a company incorporated under the Companies Act 1956 and a "Government Company" within the meaning of the act. The headquarters of the company is situated at New Delhi. NTPC's core business is generation and sale of... and GAIL, was set up to takeover and revive the assets of Dabhol Power Company project.
The company has 1,967 MW capacity power plant located at Village Anjanwel, District Ratnagiri in Maharashtra