Khurja power station

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Khurja power station is a power station in Naiphal, Khurja, Bulandshahar, Uttar Pradesh, India with multiple units of varying statuses none of which are currently operating.

Location

Table 1: Project-level location details

Plant name Location Coordinates (WGS 84)
Khurja power station Naiphal, Khurja, Bulandshahar, Uttar Pradesh, India 28.158333, 77.908333 (exact)

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

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Unit-level coordinates (WGS 84):

  • Unit 1, Unit 2, Unit 3: 28.158333, 77.908333

Project Details

Table 2: Unit-level details

Unit name Status Fuel(s) Capacity (MW) Technology Start year Retired year
Unit 1 construction coal - unknown 660 supercritical 2024
Unit 2 construction coal - unknown 660 supercritical 2024
Unit 3 cancelled coal - unknown 660 supercritical

Table 3: Unit-level ownership and operator details

Unit name Owner
Unit 1 THDC India Ltd [100.0%]
Unit 2 THDC India Ltd [100.0%]
Unit 3 THDC India Ltd [100.0%]

Project-level coal details

  • Permit(s): March 3, 2017 – Environmental Clearance; Terms of Reference: 2011-10-27; Terms of Reference:extended 3 DEnvironmental Clearance 2013; Environmental Impact Assessment

Background

THDC India Limited (THDCIL) is a joint venture of the Government of India and the Government of Uttar Pradesh. The company entered a MoU in December, 2010 with the Government of Uttar Pradesh for setting up the 2 x 660 MW Power Project in District Bulandshahar. About 1,200 acres of land at Khurja will be utilized for construction of the project.[1]

The project received a Terms of Reference (TOR) in 2011,[2] which was extended in 2013.[3] THDC India applied for a new TOR in 2014.[4]

On August 28, 2015, the Public Investment Board gave clearance to start the pre-construction activities for a 1,900 MW coal plant. The clearance will allow THDCIL to prepare the ground for starting work on the project. Environmental clearance will be approved once a coal block is allocated.[5]

An environmental assessment for the project was released in November 2016. The EIA showed that the project had been reduced in size to 2 x 660 MW, but states "another unit of 660MW has been kept in the layout considering availability of land due to rerouting of NH-91."[6]

The Environmental Clearance was granted 30 March 2017.[7]

According to IEEFA, the plant will push up the cost of electricity, due to its planned use of imported coal, and increase air pollution levels in Delhi, which already has the worst air pollution of any city in the world.[8]

Preliminary construction work such as site leveling began in early 2020. The units were planned for operation in 2023-2024.[9]

Physical construction on the power station including boiler erection began in 2021.[10] By late 2021, May 2022, and November 2022, the units were planned for 2024.[11][12][13]

According to the May 2023 Broad Status report, Unit 1 was 68% complete and Unit 2 was 61% complete at the time of publication. [14] The report estimated that Units 1 and 2 would be commissioned in March and September of 2024, respectively.[14] Half a year later in November 2023, the Broad Status reported construction progress with Unit 1 81% complete and Unit 2 68% complete. Expected commissioning has shifted to July and October 2024.[15]

Ownership

In March 2020, National Thermal Power Corporation (NTPC) entered into a Share Purchase Agreements with the Government of India to acquire a 74.496% equity stake in THDC India Limited (THDCIL).[16]

Financing

In 2018 it was reported that the financing for the project will come from the Power Finance Corporation.[17] The total investment requirement for the Khurja project was estimated at Rs 126.76 billion (approx. US$1.8 billion), which includes Rs 110.89 billion (US$1.5 billion) for the power station and Rs 15.87 billion (US$227 million) for development of Amelia coal mine in district Singrauli in Madhya Pradesh, which would provide coal for the power station.[18]

According to the Broad Status Report from 2021, "the Project is being funded with a Debt to Equity ratio of 70:30. Equity portion is being arranged by THDCIL from internal resources and Debt portion is being arranged by borrowing through Banks/ Financial Institutions and through issuance of bonds."[11]

In the 2021/2022 Annual report issued in September 2022, THDC India stated that long term financing arrangement for Khurja Project (including Amelia Coal Mine) has been planned by raising 50% of debt portion through bond and balance 50% through project financing from banks/financial institutions. Accordingly, out of funds realized from bond issue series III and V, total amount of Rs 15 billion has been utilized for Khurja power plant. In addition, THDCIL has also tied up with Bank of Baroda for financing of Rs 25 billion towards CAPEX requirement of Khurja power plant and Amelia Coal Mine.[19][20]

In a press release from February 2023, THDC India reported that a further loan of Rs 25 billion Crore was signed with the Bank of Baroda for the Capex requirement of the company, mainly the Khurja plant and Amelia coal mine.[20] Therefore it appeared that this financing raised contributed towards 50% of the estimated project cost of Rs 126.76 billion.

Articles and Resources

References

  1. "Khurja power station," THDC India website, accessed June 2014.
  2. Terms of Reference, India MoEF, Oct 27, 2011
  3. Terms of Reference Extension, India MoEF, Dec 3, 2013
  4. Form 1, India MoEF website, 16 Dec 2014
  5. "PIB gives pre-construction approval to Khurja Super Thermal Power Plant," Projects Today, 31 Aug 2015
  6. "Final Environmental Impact Assessment Report for Khurja Super Thermal Power Project (2 x 660 MW)," THDC India, November 2016
  7. Environmental Clearance, India MoEF, 3 March 2017
  8. "Proposed Khurja coal plant in UP will increase air pollution," Times of India, Oct 23, 2018
  9. Broad Status Report: Under Construction Thermal Power Projects, India Ministry of Power, May 2020
  10. "Broad Status of Thermal Power Plants," India Central Electricity Authority, April 2021
  11. 11.0 11.1 “Broad Status Report,” Thermal Project Monitoring Division, Central Electricity Authority, November 2021
  12. “Broad Status Report of Under Construction Thermal Power Projects,” India Central Electricity Authority, May 2022
  13. “Broad Status Report of Under Construction Thermal Power Projects,” India Central Electricity Authority, November 2022
  14. 14.0 14.1 Broad Status Report of Under Construction Thermal Power Projects, Central Electricity Authority, Government of India, May 2023
  15. "Broad Status Report of Under Construction Thermal Power Projects" (PDF). Central Electricity Authority. November 2023.{{cite web}}: CS1 maint: url-status (link)
  16. "Press Release: NTPC buys 74.496% equity stake in THDC India; Purchases 100% stake in NEEPCO". www.ntpc.co.in. 2020-03-26. Retrieved 2020-12-10.{{cite web}}: CS1 maint: url-status (link)
  17. "IEEFA India: Proposed Khurja coal power plant overpriced, uncompetitive and another threat to Delhi's air quality". Institute for Energy Economics & Financial Analysis. 2018-10-23. Retrieved 2020-10-19.
  18. KHURJA COAL PLANT UNVIABLE; SOLAR PROJECT WOULD BENEFIT REGION MORE, Greenpeace, Dec. 29, 2018
  19. "THDC Inida Ltd Annual Report 2021/2022" (PDF). www.thdc.co.in. September 2022.{{cite web}}: CS1 maint: url-status (link)
  20. 20.0 20.1 "https://thdc.co.in/en/content/thdcil-and-bank-baroda-signed-loan-agreement-rs-2500-crore". thdc.co.in. February 2023. {{cite web}}: External link in |title= (help)CS1 maint: url-status (link)

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.