Ib Valley Thermal Power Station
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Ib Valley Thermal Power Station is an operating power station of at least 1740-megawatts (MW) in Banaharpalli, Jharsuguda, Odisha, India with multiple units, some of which are not currently operating. It is also known as IB Thermal Power Station.
Location
Table 1: Project-level location details
| Plant name | Location | Coordinates (WGS 84) |
|---|---|---|
| Ib Valley Thermal Power Station | Banaharpalli, Jharsuguda, Odisha, India | 21.690729, 83.860096 (exact)[1] |
Unit-level coordinates (WGS 84):
- Stage III Unit 5, Stage III Unit 6, Unit 3, Unit 4: 21.690729, 83.860096
- Unit 1, Unit 2: 21.6897827, 83.8601567
Project Details
Table 2: Unit-level details
| Unit name | Status | Fuel(s) | Capacity (MW) | Technology | Start year | Emergency/Backup |
|---|---|---|---|---|---|---|
| Stage III Unit 5 | Permitted[2] | coal: unknown[3] | 660[1] | ultra-supercritical[1] | 2029 (planned)[4] | False |
| Stage III Unit 6 | Permitted[5] | coal: unknown[3] | 660[1] | ultra-supercritical[1] | 2029 (planned)[4] | False |
| Unit 1 | Operating | coal: unknown[3] | 210 | subcritical | 1995 | False |
| Unit 2 | Operating | coal: unknown[3] | 210 | subcritical | 1995 | False |
| Unit 3 | Operating | coal: unknown[3] | 660 | supercritical | 2019 | False |
| Unit 4 | Operating | coal: unknown[3] | 660 | supercritical | 2019 | False |
Table 3: Unit-level ownership and operator details
| Unit name | Owner | Parent |
|---|---|---|
| Stage III Unit 5 | Odisha Power Generation Corporation Ltd [100%] | Odisha Power Generation Corporation Ltd [100.0%] |
| Stage III Unit 6 | Odisha Power Generation Corporation Ltd [100%] | Odisha Power Generation Corporation Ltd [100.0%] |
| Unit 1 | Odisha Power Generation Corporation Ltd [100%] | Odisha Power Generation Corporation Ltd [100.0%] |
| Unit 2 | Odisha Power Generation Corporation Ltd [100%] | Odisha Power Generation Corporation Ltd [100.0%] |
| Unit 3 | Odisha Power Generation Corporation Ltd [100%] | Odisha Power Generation Corporation Ltd [100.0%] |
| Unit 4 | Odisha Power Generation Corporation Ltd [100%] | Odisha Power Generation Corporation Ltd [100.0%] |
Project-level coal details
- Coal source(s): domestic
- Permit(s): Environmental Clearance; Terms of Reference Amendment: 2026-02-07; Terms of Reference: 2023-10-10[5][2]
Ownership Tree
This ownership tree is part of the Global Energy Ownership Tracker, a project of Global Energy Monitor.
Background
The original plant comprises Units 1 and 2, each 210 MW, both commissioned in 1995.[6][7][8]
Reporting in July 2023 announced that Units 1 and 2 were undergoing modernization and renovation to extend their operating lifetimes by "another 15 years beyond June 2026."[9]
In March 2024, Units 1 and 2 entered an emergency shut-down mode due to issues with the two units' ash ponds.[10] The power station had reportedly faced critique and legal discipline leading up to one of the ash ponds' break-down, due to the dumping of ash from Units 3 and 4 into ponds dedicated to the first two units.
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.[11] 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.[12][13]
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.[13]
The operator has applied for Mega Power Project status.[13]
The engineering, procurement, and construction contract was given to Bharat Heavy Electricals (BHEL) and BGR in 2013. Construction also began that year.[14][15]
Both units were planned for operation in 2018,[16][17] later pushed to 2019.[18]
According to the India Ministry of Power, Unit 3 was commissioned on April 20, 2019, and Unit 4 on May 11, 2019.[19]
Stage III expansion (Units 5 & 6)
In August 2023, Odisha Power Generation Corp. applied for Terms of Reference (TOR) for an additional 2 x 660 MW (Units 5 and 6). The expansion was referred to as Stage III.[20] Construction was expected to begin in May 2024 and be completed by September 2028.[21]
In September 2023, the Re-Constituted Expert Appraisal Committee (EAC) of the India Ministry of Environment, Forest and Climate Change recommended that ToR be granted for the Stage III expansion project.[20] ToR were formally granted in October 2023.[22] Reporting in December 2023 announced that OPGC was prepared to float tenders for the expansion.[23] The company had also already been given "in-principle approval" from the Grid Corporation of Odisha Limited (GRIDCO) for the purchase of all power to be generated by the two new units.[23] At the time of reporting, the expansion was expected to be completed in 2028 and synchronized to the grid in March 2029.[23]
In July 2025, OPGCL reportedly planned to invite tenders for the Stage III expansion by the end of the month. The tender was for a boiler-turbine-generator package and was slated to be awarded by the end of the year.[24]
In October 2025, OPGCL applied for a ToR amendment that included changes to the proposed coal plant’s ash pond, water consumption, and land use. The application was subsequently returned for needed adjustments.[25] In December 2025, OPGCL applied again for a ToR amendment.[26] In February 2026, the ToR amendment was granted.[27]
By April 2026, OPGCL had applied for Environmental Clearance (EC) for the Stage III expansion. In May 2026, the EAC recommended that EC be granted for the expansion.[28] The expansion’s EC was formally granted in June 2026.[29]
Financing
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.[30]
Units 5-6: Estimated capital cost of the fifth and sixth units is Rs 12,717 crore (around US$1.5 billion). The project will be funded through equity from internal accrual and debt from the market.[23] In November 2025, NTPC issued a bulk Main Plant Package tender that included IB Thermal Power Station Stage-III (Units 5-6) on behalf of OPGC; the tender stated that OPGC intended to finance the Main Plant Package through external commercial borrowings, domestic borrowings, and/or own resources.[31]
Articles and Resources
References
- ↑ 1.0 1.1 1.2 1.3 1.4 "Form-1 (Part-A)". India Ministry of Environment, Forest and Climate Change Parivesh portal. Archived from the original on 2024-03-04. Retrieved 2023-10-19.
- ↑ 2.0 2.1 "Minutes of 46th Meeting of the Re-Constituted Expert Appraisal Committee" (PDF). Parivesh. 2023-10-10. Archived from the original (PDF) on 2024-02-19.
- ↑ 3.0 3.1 3.2 3.3 3.4 3.5 (PDF) https://sansad.in/getFile/loksabhaquestions/annex/178/AU1297.pdf?source=pqals.
{{cite web}}: Missing or empty|title=(help) - ↑ 4.0 4.1 "OPGC to float tender for Ib thermal power plant expansion". The New Indian Express. 2023-12-27. Archived from the original on 2024-02-18. Retrieved 2024-01-16.
- ↑ 5.0 5.1 "Expansion of existing 1740 MW [Stage I (Unit 1 & 2: 2x210 MW) and Stage II (Unit 3&4: 2x660 MW)] Coal Based Thermal Power Plant by addition of 2x660 MW (Unit 5 & 6) as Stage-III by M/s. Odisha Power Generation Corporation Limited located at Banaharpalli village, Jharsuguda District, Odisha - Environment Clearance – regarding" (PDF). Ministry of Environment, Forest and Climate Change. 2026-06-04. Archived from the original (PDF) on 2026-06-22. Retrieved 2026-06-22.
- ↑ "IM Thermal Power Station," Global Energy Observatory, accessed February 2012
- ↑ IB Thermal Power Station, OPGC LTD, Jharsuguda. Engineer-in-Chief (Electricity)-cum Principal Chief Electrical Inspector, SDA, Odisha, accessed February 22, 2012.
- ↑ "Orissa Power Generation Corporation Limited: About Us" Orissa Power Generation Corporation website, accessed June 2011.
- ↑ OPGC modernising 2 Ib power units in Odisha to extend life by 15 years, The New Indian Express, July 18, 2023
- ↑ Two IB Thermal units shut down for ash pond repair in Odisha, The New Indian Express, March 19, 2024
- ↑ "Request for Proposal," Orissa Power Generation Corporation Ltd., accessed February 2012
- ↑ "Pending Application of SEBs UPTO 31st July,2011" Coal.NIC.IN, July 31, 2011, project #65.
- ↑ 13.0 13.1 13.2 Request for Proposal - OPGC Units 3 and 4 (balance of plant package)," Orissa Power Generation Corporation, July 18, 2011
- ↑ "Odisha Power Generation Corporation signs contract with BHEL," Economic Times, Apr 27, 2013.
- ↑ "42-month deadline for Ib Thermal Power Station," Cerebral Business, Oct 1, 2013.
- ↑ "Monthly Report on Broad Status of Thermal Power Projects in the Country," Government of India Ministry of Power, March 2016
- ↑ "Broad Status Report," India Central Electrical Authority, March 2017
- ↑ "Monthly Report on Broad Status of Thermal Power Projects in the Country," Government of India Ministry of Power, August 2018
- ↑ "Monthly Report on Broad Status of Thermal Power Projects in the Country," Government of India Ministry of Power, April 2019
- ↑ 20.0 20.1 "Minutes of 46th Meeting of the Re-Constituted Expert Appraisal Committee (EAC), River Valley and Hydroelectric Projects held from 04/09/2023 to 04/09/2023," India Ministry of Environment, Forest and Climate Change, October 10, 2023
- ↑ "Form-1 (Part-A)," India MOEFCC Parivesh portal, accessed October 19, 2023
- ↑ Expansion of Coal Based Thermal Power Plant by addition of 2x660 MW (Unit 5 & 6) as StageIII at Banaharpalli village, Jharsuguda district, Odisha by M/s Odisha Power Generation Corporation Ltd. - Terms of References (TOR), MoEFCC, October 10, 2023
- ↑ 23.0 23.1 23.2 23.3 OPGC to float tender for Ib thermal power plant expansion, The New Indian Express, December 26, 2023
- ↑ Tender for stage-III expansion of Ib Thermal by end of month: Singh Deo, The New Indian Express, July 3, 2025
- ↑ “Minutes of 32...MEETING OF THE EXPERT APPRAISAL COMMITTEE (EAC) (THERMAL POWER PROJECTS) meeting Thermal Projects held from 30/10/2025 to 30/10/2025,” Ministry of Environment, Forest and Climate Change, November 6, 2025
- ↑ Application for amendment in ToR - “Expansion of Coal Based Thermal Power Plant by addition of 2x660 MW (Unit 5 & 6) as Stage-III at Banaharpalli village, Jharsuguda district, Odisha state by M/s. Odisha Power Generation Corporation Ltd.,” Odisha Power Generation Corporation Limited via Parivesh Portal, December 17, 2025
- ↑ "Expansion of existing 1740 MW (Unit 1 & 2: 2x210 MW and Unit 3&4: 2x660 MW) Coal Based Thermal Power Plant by addition of 2x660 MW (Unit 5 & 6) as Stage-III by M/s. Odisha Power Generation Corporation Limited...Amendment in Terms of Reference – regarding.," Ministry of Environment, Forest and Climate Change, February 7, 2026
- ↑ “Minutes of Agenda for 45th Meeting of the Expert Appraisal Committee (EAC) (Thermal Power Projects) to be held on 22nd May, 2026…,” Ministry of Environment, Forest and Climate Change, May 26, 2026
- ↑ “Expansion of existing 1740 MW (Stage I (Unit 1 & 2: 2x210 MW) and Stage II (Unit 3&4: 2x660 MW)) Coal Based Thermal Power Plant by addition of 2x660 MW (Unit 5 & 6) as Stage-III by M/s. Odisha Power Generation Corporation Limited located at Banaharpalli village, Jharsuguda District, Odisha - Environment Clearance – regarding,” Ministry of Environment, Forest and Climate Change, June 4, 2026
- ↑ "Preview of OPGC Odisha Coal-Fired Power Plant Expansion (720MW) | Transaction | IJGlobal". ijglobal.com. Retrieved 2020-10-16.
- ↑ "Invitation for Bids for Main Plant Package for Lara Super Thermal Power Project Stage-III, DVC-CIL Chandrapura Thermal Power Station, and IB Thermal Power Station Stage-III" (PDF). NTPC. November 24, 2025. Retrieved June 3, 2026.
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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.
