CT Power and CEB: Agreement Was Signed

10 years, 3 months ago - December 28, 2013
CT Power and CEB: Agreement Was Signed
Between Rs 4.50 and Rs 5 per kWh. This is the price at which the Central Electricity Board (CEB) will purchase electricity from CT Power.

The agreement was signed Friday, December 27, at the meeting of the Board of CEB.  At a press conference today, President Balraj Narroo unveiled the price and other investments.

It was expected. The meeting of the Board of CEB, whose purpose was to decide whether the agreement between the national electricity supplier and CT Power will be signed this year, took place on Friday, December 27. And the Power Purchase Agreement was finally signed. At a press briefing today, the Chairman of CEB, Balraj Narroo unveiled the price at which electricity will be purchased. It will vary between Rs 4.50 and Rs 5 per kWh.

Other projects, including the construction of a pier at Pointe-aux-Caves to facilitate the transport of coal by sea, were unveiled this afternoon. To do this, an amount between Rs 500 million and Rs 600 million has been invested. To date, the CEB is a shareholder in CT Power 26%.

Also present at the press conference, Shiam Tannoo, the general manager, he insisted that the CEB attaches great importance to renewable energy. The agreement was concluded this afternoon with CT Power, according to him, a "back-up". The goal: to meet customer demand.For, he adds, "renewable energies are not 100% reliable."

The Environment Appeal Tribunal, for its part, submitted 31 conditions that must be met by CT Power. Conditions that comply CT Power, said Shyam Tannoo.

Moreover, the challenge in this project is unwavering. Jeff Lingaya and Stéphane Palmyra particular have been arrested for writing the word "Ase" on one of the walls of Parliament.

 

Text by lexpress.mu

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