Meramandali power station

From Global Energy Monitor

Meramandali power station are captive coal-fired units for the Tata Steel Angul steel plant in Odisha, India.

Location

The undated satellite photo below shows the captive power station in Meramandali village.

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Background on Plant

Meramandali power station is a 2 x 150 MW captive coal-fired power station to provide power for the steel plant, Tata Steel Angul steel plant. The two subcritical units were commissioned in 2009.[1]

Expansion

Bhushan Energy has proposed expanding its existing 300 MW power station by 185 MW, using coal middling as fuel.[1] The project received environmental clearance in February 2015.[2]

Bhushan Steel has also proposed expanding its existing captive power station from 155MW (1x77MW & 1x45MW WHRB and 1x33MW FBC) to 411MW by installing an additional 256 MW (175MW + 3x27MW) within their integrated steel plant at Meramandali.[3] The 256 MW project received environmental clearance in February 2015.[4]

Bushan Steel's 2014-2015 annual report stated: "Steel manufacturing process is power intensive and uninterrupted supply is necessary for its viability. BSL has a 110 MW captive power plant in Odisha, 24 MW at Sahibabad and another 24 MW at Khopoli. BSL is in the process of expanding its capacity from 110 MW to 307 MW at Odisha."[5]

There has been no developments on the projects, as Bhushan Energy entered insolvency proceedings in 2017. The expansion appears to be postponed or abandoned.

Insolvency proceedings and new ownership

On 26 July 2017, insolvency proceedings were initiated against Bhushan Energy under India's Insolvency and Bankruptcy Code, 2016. The bankrupt firm was among the 12 stressed assets the Royal Bank of India referred for National Company Law Tribunal proceedings.[6]

In March 2018 Tata Steel Ltd emerged as the highest bidder to buy a controlling stake in Bhushan Steel.[6]

On November 27, 2018 the company was renamed as Tata Steel BSL Limited from Bhushan Steel Limited.[7]

Project Details

  • Sponsor: Tata Steel BSL Limited
  • Parent company: Tata Group
  • Developer:
  • Location: Meramandali village, Dhenkanal district, Odisha
  • Coordinates: 20.8082137, 85.2590239 (exact)
  • Status:
    • Bhusan Energy: Cancelled
    • Bhusan Steel: Cancelled
  • Capacity:
    • Bhusan Energy: 185 MW
    • Bhusan Steel: 256 MW
  • Type: Subcritical
  • Start date:
  • Coal Type:
  • Coal Source: Imported
  • Source of financing:
  • Permits and applications:

Resources and articles

References

Related GEM.wiki articles

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External resources

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