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PRESIDENT DEDICATES FIRST UNIT OF 726 MW GAS BASED POWER PLANT IN TRIPURA TO THE NATION

Rashtrapati Bhavan : 21.06.2013

The President of India, Shri Pranab Mukherjee dedicated the first unit of 726 MW gas-based power plant to the nation today (June 21, 2013) at a function at Palatana, Tripura.

Speaking on the occasion, the President said nature has bestowed Tripura with abundant natural gas. This power project by ONGC-Tripura Power Company in a land locked, logistically challenged and difficult terrain is an important feat. It would pave the way for effective utilization of discovered gas. He expressed hope that this power plant would meet the requirements of power deficient states in the region and open up avenues for industrialization in Tripura.

The President pointed out that the power project not only constituted the largest investment in the North East but it was also the largest project in the world registered under the Clean Development Mechanism of the UNFCC. It would earn India over a million of carbon credits.

The President specially thanked the President, Prime Minister and Government of Bangladesh for their support in making this project possible. He called for increased cooperation between India and Bangladesh in power sector. He said it was a much awaited and proud moment for all stake holders. He lauded the efforts of those associated with this important venture.

Among the dignitaries present on the occasion were Governor of Tripura, Shri Devanand Konwar, Chief Minister of Tripura, Shri Manik Sarkar, Union Minister of Petroleum and Natural Gas, Dr. M. Veerappa Moily, Minister of State for Petroleum and Natural Gas Smt. Panabaka Lakshmi and Chairman of OTPC and ONGC Group of Companies, Shri Sudhir Vasudeva.

This release issued at 1410 hrs