The power station is proposed by Damodar Valley Corporation and would comprise two 600 MW units slated to be commissioned in 2013.[1][2]
In March 2014, it was reported that "the first phase was supposed to become operational in November 2010. However, because of major issues such as non-availability of land, water and rail connectivity, the project has been delayed,” an official said.[3]
Unit 1 was commissioned in August 2014.[4] Unit 2 was commissioned in January 2016. However, the two units did not enter commercial operation until March 2016.[5]
Financing for Phase I
In March 2009, a financing agreement for Phase I was closed. US$750.85 million in loans was provided by the State Bank of India, Power Finance Corporation, and West Bengal Infrastructure Development Finance. US$321.76 million in equity was provided by the Government of Jharkhand, Government of India, and West Bengal Government. The State Bank of India acted as the financial advisor to the sponsors.[6]
In June 2010, a refinancing agreement for Phase I was closed. US$31.37 million in loans was provided by the State Bank of India and SBI Capital Markets.[7]
Phase II, Units 3-4
A second phase of 2 x 660 MW has also been proposed.[3] In 2015, Phase II was listed in the Broad Status report as under construction[4] and planned for completion in India's 13th plan (2018-2023).[8] In 2017, the company continued to list Phase II on its web site among "Projects under construction."[9]
However, in the July 2016 Broad Status Report, Phase II was no longer listed. Photographs of the site show no construction beyond Units 1 and 2.[10]
As of January 2020, there have been no further developments, and plans for units 3-4 appear to be deferred or abandoned.
Citizen opposition
It has been reported that the power utility was planning to build a 10-km pipeline from a local dam to the plant for its water needs. "For constructing the pipeline, it had run into land acquisition problems ... the physical construction of the pipeline faced opposition from locals who demanded jobs in addition to the compensation. 'There are about 2, 200 land-losers at the moment and their number is going to increase as land is acquired for ensuring water connectivity and rail connectivity,' said J.K. Singh, Chief Engineer of the project, adding that it was not possible to provide jobs to every land-loser."[11]
DVC looks to sell plant
According to a May 2017 newspaper article, DVC is saddled with a surplus capacity of 1,900 MW, causing a loss of Rs 1,000 crore in the fiscal year ending March 31, 2017. In order to reduce its finance costs, the company is planning to divest the Raghunathpur plant to Neyveli Lignite Corporation, a deal that has been approved by the Centre and the Jharkhand government and now awaits the clearance of the Bengal government.[12]
Project Details
Sponsor: Damodar Valley Corporation Location: Raghunathpur village, Purulia district, West Bengal Coordinates: 23.6219101, 86.6607034 (exact) Status: Units 1-2: Operating; Units 3-4: Cancelled Nameplate capacity: Phase I: 1200 MW (Units 1&2: 600 MW); Phase II: 1,320 MW (Units 3&4: 660 MW) Type: Supercritical Start year: 2014 (Unit 1); 2016 (Unit 2) Coal Type: Coal Source: Estimated annual CO2: Source of financing: phase I: US$750.85 million in debt from the State Bank of India, Power Finance Corporation, and West Bengal Infrastructure Development Finance; US$321.76 million in equity from the Government of Jharkhand, Government of India, and West Bengal Government;[6]US$31.37 million in debt from the State Bank of India and SBI Capital Markets[7] Permits and applications:
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Pradesh\n\u003C/p\u003E\u003C/div\u003E\u003C/b\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EClick \u003Cb\u003E\u003Ca href=\"/Category:Proposed_coal_plants_in_Andhra_Pradesh\" title=\"Category:Proposed coal plants in Andhra Pradesh\"\u003Ehere\u003C/a\u003E\u003C/b\u003E for more information.\n\u003C/p\u003E\u003C/div\u003E","title":"Proposed coal plants in Andhra Pradesh\n","link":"","lat":17.370000000000001,"lon":78.469999999999999,"icon":""},{"text":"\u003Cb\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EProposed coal plants in Assam\n\u003C/p\u003E\u003C/div\u003E\u003C/b\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EClick \u003Cb\u003E\u003Ca href=\"/Category:Proposed_coal_plants_in_Assam\" title=\"Category:Proposed coal plants in Assam\"\u003Ehere\u003C/a\u003E\u003C/b\u003E for more information.\n\u003C/p\u003E\u003C/div\u003E","title":"Proposed coal plants in Assam\n","link":"","lat":26.140000000000001,"lon":91.769999999999996,"icon":""},{"text":"\u003Cb\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EProposed coal plants in Bihar\n\u003C/p\u003E\u003C/div\u003E\u003C/b\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EClick \u003Cb\u003E\u003Ca href=\"/Category:Proposed_coal_plants_in_Bihar\" title=\"Category:Proposed coal plants in Bihar\"\u003Ehere\u003C/a\u003E\u003C/b\u003E for more information.\n\u003C/p\u003E\u003C/div\u003E","title":"Proposed coal plants in Bihar\n","link":"","lat":25.370000000000001,"lon":85.129999999999995,"icon":""},{"text":"\u003Cb\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EProposed coal plants in Chhattisgarh\n\u003C/p\u003E\u003C/div\u003E\u003C/b\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EClick \u003Cb\u003E\u003Ca href=\"/Category:Proposed_coal_plants_in_Chhattisgarh\" title=\"Category:Proposed coal plants in Chhattisgarh\"\u003Ehere\u003C/a\u003E\u003C/b\u003E for more information.\n\u003C/p\u003E\u003C/div\u003E","title":"Proposed coal plants in Chhattisgarh\n","link":"","lat":21.27,"lon":81.599999999999994,"icon":""},{"text":"\u003Cb\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EProposed coal plants in Gujarat\n\u003C/p\u003E\u003C/div\u003E\u003C/b\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EClick \u003Cb\u003E\u003Ca href=\"/Category:Proposed_coal_plants_in_Gujarat\" title=\"Category:Proposed coal plants in Gujarat\"\u003Ehere\u003C/a\u003E\u003C/b\u003E for more information.\n\u003C/p\u003E\u003C/div\u003E","title":"Proposed coal plants in Gujarat\n","link":"","lat":23.219999999999999,"lon":72.680000000000007,"icon":""},{"text":"\u003Cb\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EProposed coal plants in Haryana\n\u003C/p\u003E\u003C/div\u003E\u003C/b\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EClick \u003Cb\u003E\u003Ca href=\"/Category:Proposed_coal_plants_in_Haryana\" title=\"Category:Proposed coal plants in Haryana\"\u003Ehere\u003C/a\u003E\u003C/b\u003E for more information.\n\u003C/p\u003E\u003C/div\u003E","title":"Proposed coal plants in Haryana\n","link":"","lat":30.73,"lon":76.780000000000001,"icon":""},{"text":"\u003Cb\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EProposed coal plants in Jharkhand\n\u003C/p\u003E\u003C/div\u003E\u003C/b\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EClick \u003Cb\u003E\u003Ca href=\"/Category:Proposed_coal_plants_in_Jharkhand\" title=\"Category:Proposed coal plants in Jharkhand\"\u003Ehere\u003C/a\u003E\u003C/b\u003E for more information.\n\u003C/p\u003E\u003C/div\u003E","title":"Proposed coal plants in Jharkhand\n","link":"","lat":23.350000000000001,"lon":85.329999999999998,"icon":""},{"text":"\u003Cb\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EProposed coal plants in Karnataka\n\u003C/p\u003E\u003C/div\u003E\u003C/b\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EClick \u003Cb\u003E\u003Ca href=\"/Category:Proposed_coal_plants_in_Karnataka\" title=\"Category:Proposed coal plants in Karnataka\"\u003Ehere\u003C/a\u003E\u003C/b\u003E for more information.\n\u003C/p\u003E\u003C/div\u003E","title":"Proposed coal plants in Karnataka\n","link":"","lat":12.9,"lon":77.560000000000002,"icon":""},{"text":"\u003Cb\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EProposed coal plants in Madhya Pradesh\n\u003C/p\u003E\u003C/div\u003E\u003C/b\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EClick \u003Cb\u003E\u003Ca href=\"/Category:Proposed_coal_plants_in_Madhya_Pradesh\" title=\"Category:Proposed coal plants in Madhya Pradesh\"\u003Ehere\u003C/a\u003E\u003C/b\u003E for more information.\n\u003C/p\u003E\u003C/div\u003E","title":"Proposed coal plants in Madhya Pradesh\n","link":"","lat":22.420000000000002,"lon":72.540000000000006,"icon":""},{"text":"\u003Cb\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EProposed coal plants in Maharashtra\n\u003C/p\u003E\u003C/div\u003E\u003C/b\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EClick \u003Cb\u003E\u003Ca href=\"/Category:Proposed_coal_plants_in_Maharashtra\" title=\"Category:Proposed coal plants in Maharashtra\"\u003Ehere\u003C/a\u003E\u003C/b\u003E for more information.\n\u003C/p\u003E\u003C/div\u003E","title":"Proposed coal plants in Maharashtra\n","link":"","lat":18.960000000000001,"lon":72.819999999999993,"icon":""},{"text":"\u003Cb\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EProposed coal plants in Orissa\n\u003C/p\u003E\u003C/div\u003E\u003C/b\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EClick \u003Cb\u003E\u003Ca href=\"/Category:Proposed_coal_plants_in_Orissa\" title=\"Category:Proposed coal plants in Orissa\"\u003Ehere\u003C/a\u003E\u003C/b\u003E for more information.\n\u003C/p\u003E\u003C/div\u003E","title":"Proposed coal plants in Orissa\n","link":"","lat":20.149999999999999,"lon":85.5,"icon":""},{"text":"\u003Cb\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EProposed coal plants in Punjab\n\u003C/p\u003E\u003C/div\u003E\u003C/b\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EClick \u003Cb\u003E\u003Ca href=\"/Category:Proposed_coal_plants_in_Punjab\" title=\"Category:Proposed coal plants in Punjab\"\u003Ehere\u003C/a\u003E\u003C/b\u003E for more information.\n\u003C/p\u003E\u003C/div\u003E","title":"Proposed coal plants in Punjab\n","link":"","lat":30.789999999999999,"lon":76.780000000000001,"icon":""},{"text":"\u003Cb\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EProposed coal plants in Rajasthan\n\u003C/p\u003E\u003C/div\u003E\u003C/b\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EClick \u003Cb\u003E\u003Ca href=\"/Category:Proposed_coal_plants_in_Rajasthan\" title=\"Category:Proposed coal plants in Rajasthan\"\u003Ehere\u003C/a\u003E\u003C/b\u003E for more information.\n\u003C/p\u003E\u003C/div\u003E","title":"Proposed coal plants in Rajasthan\n","link":"","lat":26.57,"lon":73.840000000000003,"icon":""},{"text":"\u003Cb\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EProposed coal plants in Tamil Nadu\n\u003C/p\u003E\u003C/div\u003E\u003C/b\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EClick \u003Cb\u003E\u003Ca href=\"/Category:Proposed_coal_plants_in_Tamil_Nadu\" title=\"Category:Proposed coal plants in Tamil Nadu\"\u003Ehere\u003C/a\u003E\u003C/b\u003E for more information.\n\u003C/p\u003E\u003C/div\u003E","title":"Proposed coal plants in Tamil Nadu\n","link":"","lat":13.09,"lon":80.269999999999996,"icon":""},{"text":"\u003Cb\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EProposed coal plants in Uttar Pradesh\n\u003C/p\u003E\u003C/div\u003E\u003C/b\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EClick \u003Cb\u003E\u003Ca href=\"/Category:Proposed_coal_plants_in_Uttar_Pradesh\" title=\"Category:Proposed coal plants in Uttar Pradesh\"\u003Ehere\u003C/a\u003E\u003C/b\u003E for more information.\n\u003C/p\u003E\u003C/div\u003E","title":"Proposed coal plants in Uttar Pradesh\n","link":"","lat":26.850000000000001,"lon":80.909999999999997,"icon":""},{"text":"\u003Cb\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EProposed coal plants in West Bengal\n\u003C/p\u003E\u003C/div\u003E\u003C/b\u003E\u003Cdiv class=\"mw-parser-output\"\u003E\u003Cp\u003EClick \u003Cb\u003E\u003Ca href=\"/Category:Proposed_coal_plants_in_West_Bengal\" title=\"Category:Proposed coal plants in West Bengal\"\u003Ehere\u003C/a\u003E\u003C/b\u003E for more information.\n\u003C/p\u003E\u003C/div\u003E","title":"Proposed coal plants in West Bengal\n","link":"","lat":22.57,"lon":88.269999999999996,"icon":""}]}
