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In a bid to deal with acute power shortage, the Tamil Nadu administration has decided to hearten the private segment to establish divisions in the state and as part of this, five private firms have "cleared regulations" to set up thermal power plants.
Electricity Minister R Viswanathan declared that the private segment would be promoted to establish units for active power production to deal with the rising demand-supply gap.
A Tamil Nadu Generation and Distribution Corporation official stated, "Five companies have cleared the formalities to set up their units in Tamil Nadu."
Refusing to name the firms, the official said that they would create power together with the continuing projects in the state.
Through the five divisions, more than 3,000 MW would be yielded by the next one year as declared by Finance Minister O Panneerselvam in the budget meeting in the state assembly.
Panneerselvam also said that TN was confronting a power deficiency of 2500-3500 MW, with current installed capacitance being 10,237 MW and average accessibility 8000 MW.
The demand ranges from 10,500 to 11,500 MW.
While actual capacity accumulation was only 206 MW during the past five years of the DMK government, the AIADMK administration would append around 3280 MW in the existing financial year.
Viswanathan stated that the administration would broaden support to private players in establishing thermal power facilities in Tamil Nadu.
Referring to the current North Chennai Thermal Power Station (stage two) and Vallur power project, Viswanathan asked the shareholders to accelerate the work with the intention that the projects can be carried out without any postponement.