Under the proposed partnership, gas will be supplied through bullet and pipeline to around 600 small units of the region, which have been suffering due to serious power shortage since some time now. GAIL will bear the expenses to set up a gas bullet inside the estate, which will supply to individual units via pipelines.
P Anbazhagan, the newly elected president of the COSIEMA said that, around 300 units of the region are the members of the Association. The estate, having industries like forging, foundry, engineering, manufacturing etc. was using 35 MW of power per day. The new project will help in saving power by 40 per cent and thus will reduce the cost.
Surulivel, COSIEMA secretary said, the project will start as soon as GAIL lays the gas pipeline from Kochi.
The Association is also going to start an ITI in the next academic year with the help of Government, who has allotted two acres of land and Rs 5 crore for the institution. The ITI is expected to supply skilled workforce to the region, which suffers from shortage of around 2,000 labourers in any given day.
For the benefit of the job seekers and to deal with the shortage of labourers in and around SIDCO, the Association plans to set up an Employment Exchange too, added Annbazhagan.