Malibrahmani power station

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Malibrahmani power station is a power station in Malibrahmani, Chhendipada, Angul, Odisha, 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)
Malibrahmani power station Malibrahmani, Chhendipada, Angul, Odisha, India 20.922321, 84.99105 (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: 20.922321, 84.99105

Project Details

Table 2: Unit-level details

Unit name Status Fuel(s) Capacity (MW) Technology Start year Retired year
Unit 1 construction coal - subbituminous 525 subcritical 2025[1]
Unit 2 construction coal - subbituminous 525 subcritical 2025[1]
Unit 3 cancelled coal - unknown 660 unknown

Table 3: Unit-level ownership and operator details

Unit name Owner
Unit 1 JSW Ispat Special Products Ltd [100.0%]
Unit 2 JSW Ispat Special Products Ltd [100.0%]
Unit 3 JSW Ispat Special Products Ltd [100.0%]

Project-level captive use details

  • Captive industry use (heat or power): other metals & mining
  • Captive industry: Power

Project-level coal details

  • Permit(s): June 29, 2010 – Environmental Clearance; Environmental Clearance Extension: 2015-03-27; Environmental Clearance Extension: 2017-07-10; Terms of Reference: 2023-04, Terms of Reference: 2012-02-16

Units 1-2

The project was proposed by Monnet Power Company. Units 1 and 2 of the project received environmental clearance on June 29, 2010.[2]

The water requirement of 4,140 m3/hr for units 1 and 2 was expected to be met from the River Brahmani near Samal Barrage, about 24 km from the proposed site.[2]

Units 1 and 2 had been expected to be commissioned in March 2015, but as of 2014 had yet to secure a coal supply.[3] A February 2015 government list of coal plant constructions did not offer a planned operation date for the units.[4]

In July 2015, JSW Energy entered into a non-binding pact with Monnet Ispat & Energy Ltd for a possible acquisition of its power arm, including the power station. JSW Energy said unit 1 and 2 would be completed by the end of 2015.[5]

As of July 2016, the Ministry of Power reported that construction, which began in 2011, was "held up due to shortage of fund."[6] In March 2017, construction continued to be "held up due to financial constraints."[7]

In 2023, Jindal sought Terms of Reference (ToR) for the 2 x 525 MW power station. April 2023 minutes from a Thermal Expert Appraisal Committee meeting recommended the project and noted:

"Ministry had issued EC earlier vide letter no. J-13011/79/2007-IA.II(T) dated 29.06.2010 and its validity was extended vide letter dated 27.05.2015 and 10.07.2017 to the existing project in favour of M/s. Monnet Power Company Limited (MPCL) (previous promotor of the project). They had started construction in 2010 and stopped by March 2015, without the plant becoming operational. M/s Jindal Steel & Power Limited (JSPL) has recently purchased this partially constructed & not yet operational 2X525 MW coal based thermal power plant at village Malibrahmani, District Angul, Odisha from the previous promoters of the project under the NCLT as per Insolvency and Bankruptcy Code, 2016. The project proponent has informed that construction work for the project as per earlier EC was completed more than 60 %. (...)"[8]

Planet imagery shows development of the construction site from July 2022 to July 2023.

The June 2023 Broad Status report stated that the project was expected to be revived by FY 2025-2026.[9] According to the August 2023 and the November 2023 Broad Status reports, the project was likely to be revived by FY 2024-2025.[10][11]

In the February 2024 meeting minutes of the Expert Appraisal Committee (EAC), the Committee recommended the grant of fresh Environmental Clearance (EC) for the continued construction and development of Units 1 and 2.[12]

Liquidation

In 2021, government documents listed the following about Phase I: "Liquidation Order date 23.10.2019."[13]

A liquidation document summarized the following:[14]

"[T]he coal block was de-allocated vide Order of Hon’ble Supreme Court of India. Subsequently, the Company was also allocated Utkal-C coal block, however due to commercial non viability of the same, Company surrendered it back. As a result, the Company does not have any long-term coal arrangement for its plant. The construction of the Power Plant commenced in 2010, however the work is stalled since 2015 and the Power plant is partially completed. It is estimated that its approximately 67% complete. MPCL since its inception, was envisaged as an Independent Power Producer (IPP) with objective to supply power to utilities and end users. The Company had Long Term Power Purchase Agreements with GRIDCO for 25% of net generation from the plant on the fulfilment of certain conditions and a firm PPA for 350 MW with an additional scope of 50 MW net power to WBSEDCL through PPA with PTC. However, since the project failed to achieve the revised Commercial Operation Date (“COD”), PTC terminated the PPA. PPA with GRIDCO would need to be renegotiated since significant time has been lapsed from the scheduled COD. The Project construction activities are incomplete and as on date the project is partially complete. For more details about the asset, refer to the website of the Company (http://monnetpower.co.in/liquidation/)."

In 2022, government documents added the following about Phase I: "The Company is under liquidation. Plan is to sell entire plant. Liquidation of the said project is not complete. There is stay by Hon'ble NCLAT which is sub judice right now."[15]

In December 2022, Jindal Steel & Power Ltd. (JSP) acquired the under-construction plant under the insolvency resolution process for Rs 410 crore. The plant was offered on a slump sale basis in an auction on November 2, 2022, at a reserve price of Rs 400 crore.[16]

According to the head of strategy at JSP, the new asset was expected to supply power to JSP's steel plant in Angul, which was expanding. In response to a question about the power plant's operations, he said it was still a construction project, but the company hoped to start operating it within the next 12 months by injecting new capital.[17]

Unit 3

A third unit of 660 MW was granted a terms of reference in 2012.[18] As of May 2016, Unit 3 had yet to receive environmental clearance, and appeared to be deferred or abandoned.

Articles and Resources

References

  1. 1.0 1.1 (PDF) https://web.archive.org/web/20240125125248/https://cea.nic.in/wp-content/uploads/thermal_broad/2023/08/BS_Aug_v_1.0.pdf. Archived from the original (PDF) on 25 January 2024. {{cite web}}: Missing or empty |title= (help)
  2. 2.0 2.1 "2×525 MW Coal based Thermal Power Plant at Village Malibrahmani by Monnet Power Company Ltd.," Thermal MoEF News, July 2, 2011
  3. "PowerMin seeks Goyal's help for coal supply to 9940 MW plants," Business Today, June 25, 2014
  4. Broad Status Report, India Central Electrical Authority, February 2015
  5. "JSW Energy inks pacts with Monnet for acquisition of power arm," Economic Times, July 9, 2015
  6. "Monthly Report on Broad Status of Thermal Power Projects in the Country," Government of India Ministry of Power, July 2016
  7. "Broad Status Report," India Central Electrical Authority, March 2017
  8. "Minutes of 40TH Expert Appraisal Committee meeting Thermal Projects," MoEF, April 25, 2023
  9. Broad Status Report of Under Construction Thermal Power Projects (June, 2023) Central Electricity Authority, Government of Inida, June 2023
  10. Broad Status Report of Under Construction Thermal Power Projects (August, 2023), Central Electricity Authority, Government of India, Aug. 2023
  11. "Broad Status Report of Under Construction Thermal Power Projects" (PDF). Central Electricity Authority. November 2023.{{cite web}}: CS1 maint: url-status (link)
  12. Minutes of 5th meeting Thermal Projects held from 14/02/2024 to 14/02/2024, MoEFCC, Government of India, February 26, 2024
  13. “Broad Status Report,” Thermal Project Monitoring Division, Central Electricity Authority, November 2021
  14. "Asset Sale Process Memorandum For Slump Sale," Issued by Navneet Kumar Gupta (Liquidator), November 23, 2020
  15. “Broad Status Report of Under Construction Thermal Power Projects,” India Central Electricity Authority, November 2022
  16. "JSPL acquires Monnet Power’s power plant for Rs 410 crore," Money Control, December 8, 2022
  17. "Jindal Steel and Power acquires debt-laden Monnet Power for ₹410 cr via NCLT," Live Mint, December 8, 2022
  18. Terms of Reference, India MoEF, Feb 16, 2012.

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.