Udupi Power Corporation Ltd (UPCL), a subsidiary of Adani Power Ltd, has reportedly entered into a concession agreement with New Mangalore Port Trust (NMPT) to acquire an additional 4.99 hectares in the NMPT premises to enable UPCL’s project expansion. The latter operates two 600 MW thermal power plants at Yellur village in Udupi District, Karnataka.
The agreement was signed by Mr Suresh P. Shirwadkar, Chairman In-Charge of NMPT, and Mr Kishore Alva, Joint President of Adani UPCL.
Mr Alva said on the occasion that UPCL had entered into a 30-year concession agreement with NMPT for 15 hectares for setting up a bulk coal terminal in May 2008.This involved the construction and operation of a captive jetty with associated facilities required for handling bulk quantities of coal.
He further said that the new agreement was an addendum to the existing concession agreement and was meant for the additional 4.99-hectare parcel. The additional land is required to handle additional cargo for UPCL’s proposed project expansion, he informed.
Talking more about UPCL, Mr Alva said that his company has developed a mechanised coal handling system consisting of two ship unloaders and installed a 3-km-long conveyor system enabling handling 3,300 tonnes of coal per hour. The facility also includes rapid loading system to load coal onto rail wagons at a speed of one wagon per minute on a 3.6-km railway siding, he added.