TROMBAY POWER EXT PR

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The Trombay Thermal Power Station Expansion Project provides finance for the addition of a third thermal generating unit, similar in characteristics to the two units now nearing completion, in the Trombay station located on the northeast shore of Bombay harbor. The unit will have a maximum capacity of 62,500 kw in a 50 cycle turbo-generator supplied with steam from a 6000,000 lb/hr boiler. Operation will be at 1250 lb per square inch pressure and at 950 degrees temperature. The plant will be equipped with coal crushing and handling equipment and will primarily use domestic coal from Central India. It will also be equipped to burn fuel oil and by-products from the adjacent Stanvac oil refinery. The latter fuel is now used in the original plant. The project is estimated to cost the equivalent of 14 million. The Bank has been requested to finance the foreign exchange cost, estimated at the equivalent of $9.8 million inclusive of interest during construction. The loan will be for a period of 18 years including a grace period on amortization payments of approximately 3 years. The project, which should be completed in April 1960, will help meet a continuing shortage of power which is particularly acute in the Bombay area pending construction of a large hydro development at Koyna.