T-Government to buy power from Lanco?

Interesting news pops up in a leading English Daily about Telangana government plans to buy power from Lanco Industries located at Kondapalli. It belongs to the former Congress MP Lagadapati Rajagopal, who strongly opposed bifurcation of the state. According to report, Telangana government is planning to buy 300 mw power from Lanco Industries with a unit price of Rs.7-8.

Actually, this gas based plant was shut down some two years ago due to shortage in gas supply. But, the Gas Authority of India has come forward to supply gas to the company from its supplies allocated to Gujarat state from Krishna basin. It will compensate the same amount of gas to it from its Off-Shore facility located in Gujarat state. However, Lagadapati said that he is no way related to Lanco now as he quits it before joining politics. He said both states should get benefit out of it without chipping any fresh trouble from this deal. It would be interesting to watch the Telangana government that is averse to purchase additional power from the AP government has no objections to buy from a private company in the AP state.