BPCL to set up its first gas based Power Project in Karnataka

Bangalore: Bhoruka Power Corporation Limited (BPCL), an independent power producer with a major focus on mini hydel and wind energy, is making a foray into the gas-based power segment with its maiden project in north Karnataka.

The company is planning to set up a 300-Mw gas-based power plant at Chikkodi in Belgaum district at an investment of Rs 1,200 crore.

It would be sourcing gas from the Dabhol-Bidadi gas pipeline being laid by Gas Authority of India Limited (GAIL).

The company has identified land at Chikkodi and entered into a consent agreement with farmers for buying land.

The company would be buying 100 acres for our plant. The land will be acquired after the gas price is fixed by GAIL.

This would be the first gas-based power project being developed by the company.