Banswara Cement power station
Banswara Cement power station a 20 megawatt (MW) coal-fired power station to supply power to the Banswara Cement plant in Rajasthan, India.
The Business Standard reports that in 1995 Mahi Cement Limited began construction of the cement plant and then merged with Trinetra. "However, the company later faced financial difficulties and had to suspend construction of this plant. In 1998, it was classified as a sick industrial company. India Cement through its subsidiary acquired equity shares of the company and subsequently entered into a share purchase agreement with the erstwhile promoters and acquired further shares through an open offer. All of these together resulted in ICLFSL acquiring a majority stake and control of the company. Simultaneously, the abandoned cement plant at Banswara was revived," wrote T E Narasimhan in the Business Standard.
Sponsor: Trinetra Cement
Location: Banswara, Rajasthan, India
Nameplate capacity: 20MW
Projected in service: 2011/2012
Estimated annual CO2: 118,274
Source of financing:
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Related SourceWatch articles
- T E Narasimhan, "Trinetra to allot Rs 615 cr shares to India Cements", Business Standard, November 11, 2011.