COIMBATORE: To overcome the prevailing power crisis, Coimbatore SIDCO Industrial Estate Manufacturers' Welfare Association (COSIEMA) has decided to join hands withGas Authority of India Ltd (GAIL) for supply of gas through Bullet and pipeline to individual units for power production.
The Industries in the estate, about 600 units, including 300 members of COSIEMA, situated in Kurichi on the outskirts and facing serious power shortage for the past two years, which was eased in the last two months, again started confronting the power cuts for five to six years, due to various reasons, P Anbazhagan, newly elected president of the Association told reporters here today.
To beat the power cuts and also bring down the cost, it was decided to set up gas bullet in 50 cents of land inside the estate, he said.
Stating that GAILBSE -1.16 % would bear all the expenses of setting up the bullet, with individual units taking pipeline from there, Anbazhagan said that the industries in the estate were using 35 MW of power per day and once bullet was established, units, including forging, foundry, engineering and manufacturing, could save 40 per cent of power.
At least by the turn of the year the project would become operational and once GAIL started laying the much awaited gas pipeline from Kochi, the fuel would be supplied through pipes to individual units, Surulivel, COSIEMA secretary said.
In order to meet the skilled workers requirements, the association is starting an ITIBSE 2.90 %for which the Government has already allotted two acres of land and with a rs. five crore investment, the sponsored courses were expected to commence from the next academic year, he said.
Similarly, COSIEMA has also plans to start an Employment Exchange for the benefit of job seekers, who come to the estate daily, which would benefit the units in and around SIDCO, since there was a shortage of 2,000 labourers in any given day, Annbazhagan said.