GVK set to launch operations of two new power projects this year.

Hyderabad-based GVK Power & Infrastructure Limited is set to commence commercial operations of two of its power projects, which are under execution, during the current financial year.

According to GVKPIL, its step down subsidiaries, the Rs. 4,750-crore Alaknanda Hydro Power Company (AHPC) and Rs. 4,000 crore GVK Power (Goindwal Sahib) Limited will start power generation this year.

Though the 330 MW AHPC project on river Alaknanda in Uttarakhand had to start operations during mid 2013, the unprecedented natural calamity that occurred in the state during June that year delayed operations. Incessant rains and resultant floods had breached the dyke in front of the power house submerging the already erected Units I, II and III that were ready for commissioning with a huge deposit of silt.

GVK stated in its latest annual report that AHPC has started removal of water and silt from the powerhouse by cleaning the equipment part by part, while the transmission lines are at the advanced stage of completion and expected to be ready by mid-2014 for synchronisation.

The company said Units I and II would be synchronised upon completion of transmission lines for commencing power generation. The other two units of AHPC were expected to be operational during the second half of 2014-15.

BS