Vizag Thermal Power Plant

From Global Energy Monitor

Vizag Thermal Power Plant is a 1,040 MW coal-fired power station in Andhra Pradesh, India. It is also known as the Hinduja Power Plant.

Location

The photo below shows the power station in Palavalasa village, Visakhapatnam district.

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Background

The power station comprises two units, each of 520 MW. The plant has been the locus of controversy including large protests in 2011. In November 2011, the Ministry of Environment and Forests (MoEF) decided to defer the coastal regulation zone approvals to the project following alleged violations by the company.[1]

Nearly two decades after its proposal, the power station is expected to be commissioned by the end of 2014.[2] The engineering, construction, and procurement contract was awarded to Bharat Heavy Electricals Limited (BHEL), which is an Indian government-owned engineering and manufacturing enterprise based in New Delhi, India.[3]

In October 2014, it was reported that the first unit would be commissioned in December 2014, and the second in January-February 2015.[4]

Financing

In July 2010, a financing agreement for the project was closed. US$892 million in loans was provided by SBI Capital, Bank of Baroda, Canara Bank, Corporation Bank, Federal Bank, Indian Bank, Oriental Bank of Commerce, Punjab National Bank, Punjab & Sind Bank, State Bank of Bikaner & Jaipur, State Bank of India, UCO Bank, Union Bank of India, United Bank of India and Vijaya Bank.[5]

Protests

In December 2011, members of 32 villages affected by the Hinduja Power Plant blockaded the main entrance to the plant. The protesters demanded employment for local workers as well as compensation for the 623 acres acquired for the project. After assurances by governmental and company officials that a meeting would be convened in 15 days to resolved the issues, the protest dispersed. [6]

Project Details

Sponsor: Hinduja National Power Corporation (HNPC)
Location: Palavalasa village, Visakhapatnam district, Andhra Pradesh
Coordinates: 17.5636425, 83.1388772 (exact)
Status:

  • Unit 1: Operating (2014)
  • Unit 2: Operating (2015)

Capacity:

  • Unit 1: 520 MW
  • Unit 2: 520 MW

Type:
Coal Type:
Coal Source:
Estimated annual CO2:
Source of financing: US$892 million in debt from SBI Capital, Bank of Baroda, Canara Bank, Corporation Bank, Federal Bank, Indian Bank, Oriental Bank of Commerce, Punjab National Bank, Punjab & Sind Bank, State Bank of Bikaner & Jaipur, State Bank of India, UCO Bank, Union Bank of India, United Bank of India and Vijaya Bank[5]
Permits and applications: Environmental clearance, India MoEF, Mar 3, 2009

Articles and resources

References

  1. "MoEF defers nod to Hinduja coal power project in AP," The Economic Times, November 26, 2011
  2. "Telangana power discoms asked to sign PPAs with Hinduja National Power," The Hindu, July 11, 2014
  3. BHEL commissions 520 MW thermal power unit in Andhra Pradesh, Financial Express, June 1, 2016
  4. "First unit of Hinduja Power’s Vizag plant to go on stream by December," Hindu Business Line, Oct 10, 2014
  5. 5.0 5.1 "Hinduja signs power loan | News | IJGlobal". ijglobal.com. Retrieved 2020-10-30.
  6. "Protest at Hinduja power plant," Deccan Chronicle, December 13, 2011

Related GEM.wiki articles

External resources

External articles

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