Tuticorin NTPL power station

From Global Energy Monitor

Tuticorin NTPL power station is a 1,000-megawatt (MW) coal-fired power station in Tamil Nadu, India.

Location

The photo shows the Tuticorin NTPL power station, the Tuticorin Thermal Power Station and the Tuticorin Port.

Loading map...

Background

Two 500 MW units were proposed adjacent to the 1,050 MW Tuticorin Thermal Power Station. The project is a joint venture of TamilNadu Electricity Board and Neyveli Lignite Corp.[1] The units were commissioned in March and April 2015, respectively.[2]

(This project should not be confused with the power station being developed in Tuticorin by Coastal Energen. The project is also different than the Thoothukudi power station proposed for Tuticorin by Ind Bharat Power (Karwar) Ltd. That project was originally proposed as the Hanakon Thermal Power Project. However, following strong community opposition to the project, the company decided that it be moved to Tuticorin. The company’s Executive Director A N Vasu Rao said, "the thermal power plant at Hanakon has been shifted due to strong public protest and considering the delicate environment issues. Now, the project it be established [sic] to Tuticorin in Tamil Nadu."[3])

Financing

In November 2010, a financing agreement for the project was closed. US$553.31 million in loans was provided by the Bank of Baroda, Bank of India, Punjab & Sind Bank, Dena Bank, Bank of Maharashtra, Corporation Bank, Syndicate Bank, Allahabad Bank, Indian Bank, and Oriental Bank of Commerce. US$205.14 million in equity was provided by the Neyveli Lignite Corporation and Tamil Nadu Electricity Board.[4]

Project Details

Sponsor: TamilNadu Electricity Board and Neyveli Lignite Corp
Location: Thoothukudi village, Thoothukudi district, Tamil Nadu
Coordinates: 8.764166, 78.134836 (exact)
Status: Operating
Capacity:

  • Unit 1: 500 MW
  • Unit 2: 500 MW

Type: Subcritical
In service: 2015
Coal Type:
Coal Source: Mahanadi Coalfields 70%; Indonesia 30%
Estimated annual CO2:
Source of financing: US$553.31 million in debt from the Bank of Baroda, Bank of India, Punjab & Sind Bank, Dena Bank, Bank of Maharashtra, Corporation Bank, Syndicate Bank, Allahabad Bank, Indian Bank, and Oriental Bank of Commerce; US$205.14 million in equity from the Neyveli Lignite Corporation and Tamil Nadu Electricity Board[4]
Permits and applications: Environmental Clearance, India MoEF, June 13, 2007

Articles and resources

References

  1. Joseph Vackayil, "New projects to make Tamil Nadu power surplus by 2012," Financial Express, March 2, 2009
  2. Broad Status Report, India Central Electrical Authority, February 2015
  3. "It is a victory for people of Uttara Kannada district: Hanakon plant shifted to Tuticorin", Deccan Herald, January 2, 2010.
  4. 4.0 4.1 "Preview of Tuticorin Coal Power Plant (1000MW) | Transaction | IJGlobal". ijglobal.com. Retrieved 2020-10-30.

Related GEM.wiki articles

Loading map...

External resources

External articles