Ib Valley Thermal Power Station

From Global Energy Monitor

Ib Valley Thermal Power Station is an existing 1,740-megawatt (MW) coal-fired power plant operated by the Odisha Power Generation Corporation in Odisha, India.


The undated satellite photo below shows the power plant in the village of Banaharpali, in the district of Jharsuguda.

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The original plant comprises Units 1 and 2, each 210 MW, both commissioned in 1995.[1][2][3]

1320 MW expansion (Units 3 & 4)

An expansion is planned for an increase of 1320 MW in capacity with two new 660 MW units, described by the company as units 3 and 4. In 2011, the company advertised a request for proposals for work.[4] Early, the size of the project had appeared as 1200 MW in a list of pending applications for coal published by the Ministry of Coal.[5][6]

Land for the project has been acquired. Environment, forest, avidation, and other permits have been acquired. Water has been allotted from Hirakud reservoir. Construction of transmission line for 50% of the power is being completed. The remaining 50% will by constructed by Powergrid. Half of the power from the plant will be sold to GRIDCO through long-term power purchase agreement; the balance will be sold through a mix of long-term power purchase agreements and short/medium term sales. Coal will be brought to the plant from a captive mine using a dedicated railway network, which will involve 50 km of construction. Land acquisition and other permits for the railway are in progress.[6]

The operator has applied for Mega Power Project status.[6]

The engineering, procurement, and construction contract was given to Bharat Heavy Electricals (BHEL) and BGR in 2013. Construction also began that year.[7][8]

Both units are planned for operation in 2018,[9][10] later pushed to 2019.[11]

According to the India Ministry of Power, unit 3 was commissioned on April 20, 2019, and unit 4 on May 11, 2019.[12]

Financing for Units 3 & 4

In December 2018, a financing agreement for the expansion was closed. The Power Finance Corporation and Rural Electrification Corporation agreed to provide US$1,239.17 million in loans to the project. AES Corporation and the Odisha Government agreed to provide US$413.10 million in equity.[13]

Project Details for 1320 MW addition

Sponsor: Odisha Power Generation Corporation
Location: Banaharpalli village, Jharsuguda district, Odisha
Coordinates: 21.690729, 83.860096 (exact)
Status: Operating
Capacity: 1320 MW (2 x 660 MW)
Type: Supercritical[6]
Start year: 2019
Coal Type:
Coal Source: "Coal shall be sourced from the nearby mines of MCL till OPGC's own captive mine becomes operational.... Manoharpur and Dip side Manoharpur coal mines allocated to OPGC by Ministry of Coal ... with a reserve of approximately 530 MMT"[6]
Estimated annual CO2:
Source of financing: Units 3 & 4: US$1,239.17 million in debt from the Power Finance Corporation and Rural Electrification Corporation; US$413.10 million in equity from AES Corporation and the Odisha Government[13]
Permits and applications: Environmental Clearance, India MoEF, Feb 4, 2010

Articles and resources


  1. "IM Thermal Power Station," Global Energy Observatory, accessed February 2012
  2. IB Thermal Power Station, OPGC LTD, Jharsuguda. Engineer-in-Chief (Electricity)-cum Principal Chief Electrical Inspector, SDA, Odisha, accessed February 22, 2012.
  3. "Orissa Power Generation Corporation Limited: About Us" Orissa Power Generation Corporation website, accessed June 2011.
  4. "Request for Proposal," Orissa Power Generation Corporation Ltd., accessed February 2012
  5. "Pending Application of SEBs UPTO 31st July,2011" Coal.NIC.IN, July 31, 2011, project #65.
  6. 6.0 6.1 6.2 6.3 6.4 Request for Proposal - OPGC Units 3 and 4 (balance of plant package)," Orissa Power Generation Corporation, July 18, 2011
  7. "Odisha Power Generation Corporation signs contract with BHEL," Economic Times, Apr 27, 2013.
  8. "42-month deadline for Ib Thermal Power Station," Cerebral Business, Oct 1, 2013.
  9. "Monthly Report on Broad Status of Thermal Power Projects in the Country," Government of India Ministry of Power, March 2016
  10. "Broad Status Report," India Central Electrical Authority, March 2017
  11. "Monthly Report on Broad Status of Thermal Power Projects in the Country," Government of India Ministry of Power, August 2018
  12. "Monthly Report on Broad Status of Thermal Power Projects in the Country," Government of India Ministry of Power, April 2019
  13. 13.0 13.1 "Preview of OPGC Odisha Coal-Fired Power Plant Expansion (720MW) | Transaction | IJGlobal". ijglobal.com. Retrieved 2020-10-16.

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