Procurement News Notice |
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| PNN | 14464 |
| Work Detail | The company has extended financial assistance of Rs 192.79 crore to Nagpur Waste Water Management Pvt Ltd for establishing a Sewage Treatment Plant in Nagpur New Delhi: State-owned power sector lender Power Finance Corporation (PFC) today announced it has forayed into financing of sewage treatment plants to help power projects cut down their fresh water usage. The company has extended financial assistance of Rs 192.79 crore to Nagpur Waste Water Management Pvt Ltd for establishing a Sewage Treatment Plant in Nagpur. The plant will sell 150 MLD treated sewage water to PFC-funded Khaperkheda and Khoradi thermal power stations of Maharashtra State Power Generation Co Ltd (MahaGenco). “The aim of this project is to reduce the stress on fresh sources of water for power generation by supplying the treated sewage water to power plants for specific secondary uses like ash handling and cooling,” PFC said in a statement. As part of the agreement, Nagpur Municipal Corporation (NMC) will also get revenue share from the sale of treated sewage water to Mahagenco. The company said the first-of-its-kind project is expected to be commissioned by 2020 and is being executed in compliance with the National Tariff Policy of 2016 under Public Private Partnership mode. |
| Country | India , Southern Asia |
| Industry | services |
| Entry Date | 01 Aug 2018 |
| Source | https://energy.economictimes.indiatimes.com/news/power/pfc-forays-into-financing-sewage-treatment-plants-to-cut-freshwater-use-in-power-plants/65130068 |
