Bara Thermal Power Project

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Bara Thermal Power Project is an operating power station of at least 1980-megawatts (MW) in Bara, Allahabad, Uttar Pradesh, India with multiple units, some of which are not currently operating. It is also known as Prayagraj TPP.

Location

Table 1: Project-level location details

Plant name	Location	Coordinates (WGS 84)
Bara Thermal Power Project	Bara, Allahabad, Uttar Pradesh, India	25.1963, 81.6585 (exact)

The map below shows the exact location of the power station.

Loading map...

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Unit-level coordinates (WGS 84):

• Phase I, Unit 1: 25.196345, 81.6585338
• Phase I, Unit 2: 25.196345, 81.6585338
• Phase I, Unit 3: 25.196345, 81.6585338
• Unit Phase II: 25.196345, 81.6585338

Project Details

Table 2: Unit-level details

Unit name	Status	Fuel(s)	Capacity (MW)	Technology	Start year	Retired year
Phase I, Unit 1	operating	-	660 MW	supercritical	2015	-
Phase I, Unit 2	operating	-	660 MW	supercritical	2016	-
Phase I, Unit 3	operating	-	660 MW	supercritical	2017	-
Unit Phase II	cancelled	-	1320 MW	-	-	-

Table 3: Unit-level ownership and operator details

Unit name	Owner	Parent
Phase I, Unit 1	Jaiprakash Power Ventures Ltd	Jaiprakash Power Ventures Ltd
Phase I, Unit 2	Jaiprakash Power Ventures Ltd	Jaiprakash Power Ventures Ltd
Phase I, Unit 3	Jaiprakash Power Ventures Ltd	Jaiprakash Power Ventures Ltd
Unit Phase II	Jaiprakash Power Ventures Ltd	Jaiprakash Power Ventures Ltd

Project-level coal details

• Permits: Ec 8 sept 2009 at http://bit.ly/sspbl4

Financing

Source of financing: phase I: US$1,759.36 million in debt from IDBI Bank, Indian Bank, Indian Overseas Bank, United Bank of India, Larsen & Toubro, Life Insurance Corporation of India, Oriental Bank of Commerce, Punjab National Bank, Uco Bank, Corporation Bank, Canara Bank, Andhra Bank, Bank of Baroda, State Bank of India, and Bank of India; US$115 million in debt from SBI Capital Markets and India Infrastructure Finance Company. SBI Capital Markets again acted as financial adviser to the sponsors

Background

The project is being built by Prayagraj Power Generation, a power generation subsidiary of the privately owned Jaypee Group, a major Indian infrastructure company with interests in Civil Engineering and Construction, Cement, Power, Real Estate, Expressways, Hospitality, Golf Courses and Education. According to Jaypee Group (2011), the project will be built in two Phases. Phase 1, comprising three 660 MW units, is slated to be commissioned in 2015. JPV bought the Prayagraj Power Generation Company, a special purpose project company created by the Uttar Pradesh Power Corporation to build the Bara project on a 'build, own, operate' basis.

According to the 2010/2011 annual report, the company was in possession of the 778 hectares needed for the project and had received the necessary environmental clearance, water linkage, and coal linkage. Boiler foundations were completed and other construction works was underway. Financial closure had been achieved.

Phase I

According to the JP Power Ventures website (2014), Phase I is planned for completion by 2014. Unit 1 was reported to be on the verge of synchronization in October 2015. However, as of 2015, Phase I was under construction, with Unit 1 planned for October 2015 and units 2-3 in 2016, according to the India Central Electrical Authority.

Unit 1 was commissioned in December 2015, and units 2-3 are planned for late 2016.

Unit 2 was commissioned in October 2016.

Unit 3 was commissioned in May 2017.

Financing for Phase I

In September 2010, a financing agreement for phase I was closed. US$1,759.36 million in loans was provided by IDBI Bank, Indian Bank, Indian Overseas Bank, United Bank of India, Larsen & Toubro, Life Insurance Corporation of India, Oriental Bank of Commerce, Punjab National Bank, Uco Bank, Corporation Bank, Canara Bank, Andhra Bank, Bank of Baroda, State Bank of India, and Bank of India. SBI Capital Markets acted as financial adviser to the sponsors.

In February 2014, a refinancing agreement for phase I was closed. US$115 million in loans was provided by SBI Capital Markets and India Infrastructure Finance Company. SBI Capital Markets again acted as financial adviser to the sponsors. It was not confirmed which portion of the 2010 debt this loan refinanced, it can be assumed that this was the portion previously extended by State Bank of India (US$110 million).

Phase II

Phase II would comprise two 660 MW units. As of May 2016, phase II has yet to receive environmental permits, and appears to be deferred or abandoned.

Citizen opposition

Both the Bara project and the nearby Karchana Thermal Power Project (now cancelled) have been the subject of local opposition and agitation. The Environmental Justice Atlas reported that protests at the Bara project in January 2011 damaged "police vehicles to protest against land acquisition policies." Additionally, protesters claimed one farmer was killed in police firing, a charge denied by the Uttar Pradesh government.

It was reported in February 2011 that villagers ransacked and damaged property at the project site. The protesters had reportedly inflicted damage worth Rs 1 crore.

Articles and Resources

Additional data

To access additional data, including an interactive map of coal-fired power stations, a downloadable dataset, and summary data, please visit the Global Coal Plant Tracker on the Global Energy Monitor website.