Difference between revisions of "Meenakshi Energy Thermal Power Project"

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{{#badges: CoalSwarm|Navbar-Indiacoal}}  '''Meenakshi Energy Thermal Power Project''' is a proposed coal plant in [[Andhra Pradesh and coal|Andhra Pradesh]], India.
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{{#badges: CoalSwarm|Navbar-Indiacoal}}  '''Meenakshi Energy Thermal Power Project''' is a 300-megawatt (MW) coal plant completed in 2012 and 2013 in [[Andhra Pradesh and coal|Andhra Pradesh]], India. It is listed by the Central Electricity Authority as '''Thamminapatnam Thermal Power Plant.'''
  
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A new 350 MW unit was completed in 2018. Another 350 MW unit is under development.
  
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==Location==
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The undated satellite photo below shows the plant in Thamminapatnam village.
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{{#display_point:14.2111946, 80.0900615|width=600|height=500|type=satellite|zoom=17}}
  
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==Background==
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Meenakshi Energy Thermal Power Project is a 300 MW  coal project built by [[Meenakshi Energy]] in Andhra Pradesh. According to the Central Electricity Authority (September 2012), the first unit of 150 MW was commissioned in September 2012 and the second unit of 150 MW was commissioned in April 2013.<ref name=broad/> According to the company web site, "The first phase of the Project (300 MW) has been configured in a unique 'part tolling-part merchant' configuration with PTC India Limited."<ref name=Meen/>
  
==Location==
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Meenakshi Energy mentions additional expansion of the project to a total of 900 MW (2 x 300 MW addition) or 1000 MW (2 x 350 MW addition).<ref name=Meen>[http://www.meenakshienergy.com/ourvehiclesforimplementation.html "Our Vehicles for Implementation,"] Meenaskshi Energy website, accessed October 2013</ref><ref name=ongoing>[http://www.meenakshienergy.com/ongoinginitiatives.html "Ongoing initiatives,"] Meenakshi Energy website, accessed August 2014</ref>
The map below shows the location of Thamminapatnam but not the exact location of the project.
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{{#display_point:|14.235278, 80.104444|width=500|height=400|type=normal|zoom=7}}
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In 2013 French energy company [[GDF Suez]] (later renamed [[Engie]]) spent $400 million to acquire a 74 per cent stake in Meenakshi Energy, including the Meenakshi power station. Indian developer Meenakshi Group owns the remaining 26 per cent stake. ''The Hindu'' stated a 700 MW addition to the plant was under construction and expected to be completed by 2015 to 2016.<ref name=hindu>[http://www.thehindu.com/business/Industry/gdf-to-pick-up-74-stake-in-meenakshi-energy/article5470677.ece "GDF to pick up 74% stake in Meenakshi Energy,"] The Hindu, December 17, 2013.</ref><ref>[http://www.cea.nic.in/reports/articles/thermal/cods.pdf "CODs for coal based thermal power plants,"] Government of India Ministry of Power Central Electricity Authority,"] Dec 24, 2014</ref> Engie gradually increased its share to 89%.<ref name=lm>[http://www.livemint.com/Companies/Pn0ttv7yzQ45zeiiaMkyzJ/Engie-to-sell-stake-in-Meenakshi-plant.html "Engie to sell stake in Meenakshi plant,"] Live Mint, Feb 25, 2016</ref>
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In August 2015 Engie said it was planning to sell its controlling stake in the Meenakshi plant. The French government, which owns a third of Engie, wants to reorient state-backed companies toward renewables, after a sustained public opposition campaign to French financing of fossil fuel projects. The planned 700 MW were reported as under construction,<ref>[http://www.bloomberg.com/news/articles/2015-08-18/engie-said-to-plan-sale-of-over-1-billion-in-asian-coal-plants "Engie Said to Plan Over $1 Billion Sale of Asian Coal Plants,"] Bloomberg, Aug 17, 2015</ref> and are planned for operation in 2017-2018.<ref>[http://cea.nic.in/reports/monthly/broadstatus/2016/broad_status-07.pdf "Monthly Report on Broad Status of Thermal Power Projects in the Country,"] Government of India Ministry of Power, July 2016</ref>
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In February 2016 Engie sold its majority stake in the plant to India Power Corp, a Kanoria family trust entity with interests in wind and thermal power.<ref name=lm/>
  
==Background==
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In May 2018 the India Power Ministry said progress on the project was slow: "due to financial problem, work at site remained closed for a long time."<ref>[https://powermin.nic.in/sites/default/files/uploads/LS05042018_Eng.pdf "LOK SABHA STARRED QUESTION NO.545 ANSWERED ON 05.04.2018 ,"] India Power Ministry, Apr 5, 2018</ref>
'''Meenakshi Energy Thermal Power Project''' is a multi-phase coal project being implemented by [[Meenakshi Energy]] in Andhra Pradesh. The first 540 megawatt (MW) unit was completed in December 2010.<Ref>[http://energy.worldconstructionindustrynetwork.com/news/meenakshi_group_completes_construction_of_540mw_thermal_power_plant_in_india_110304/ "Meenakshi group completes construction of 540 MW thermal plant in India,"] World Construction Group, March 4, 2011</ref>
 
  
According to the company web site, "The first phase of the Project (300 MW) has been configured in a unique 'part tolling-part merchant' configuration with PTC India Limited."<ref>[http://www.meenakshienergy.com/aboutus.html "About Us,"] Meenakshi Energy website, accessed January 2012</ref>
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According to the India Ministry of Power, unit 3 was commissioned in April 2018. There is no estimated date for unit 4, with construction stalled due to "non availability of Boiler Licence."<ref>[http://www.cea.nic.in/reports/monthly/broadstatus/2018/broad_status-11.pdf "Monthly Report on Broad Status of Thermal Power Projects in the Country,"] Government of India Ministry of Power, April 2018</ref>
  
 
==Project Details==
 
==Project Details==
'''Sponsor:''' [[Meenakshi Energy]]<br>
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'''Sponsor:''' [[Meenakshi Energy]]<br>
'''Location:''' Thamminapatnam village, Nellore District, Andhra Pradesh<br>
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'''Parent:''' India Power Corp (89% ownership), Meenakshi Group (11% ownership)<br>
'''Coordinates:''' 14.235278, 80.104444 <br>
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'''Location:''' Thamminapatnam village, Chillakur mandal, Nellore district, Andhra Pradesh<br>
'''Status:''' <br>
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'''Coordinates:''' 14.2111946, 80.0900615 (exact)<br>
'''Nameplate capacity:''' 540 MW (operating 2010), 300 MW (proposed)<br>
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'''Nameplate capacity:'''
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*Phase I Unit 1: 150 MW
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*Phase I Unit 2: 150 MW
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*Phase II: 350 MW
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*Phase III: 350 MW
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'''Status'''
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*Phase I Unit 1: Operating
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*Phase I Unit 2: Operating
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*Phase II: Operating
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*Phase III: Construction
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'''Start date:'''  
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*Phase I Unit 1: commissioned September 2012
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*Phase I Unit 2: commissioned April 2013
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*Phase II: commissioned April 2018
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*Phase III:
 
'''Type:''' <br>
 
'''Type:''' <br>
'''Projected in service:''' <br>
 
 
'''Coal Type:''' <br>
 
'''Coal Type:''' <br>
 
'''Coal Source:''' <br>
 
'''Coal Source:''' <br>
 
'''Estimated annual CO<sub>2</sub>:'''<br>
 
'''Estimated annual CO<sub>2</sub>:'''<br>
'''Source of financing:''' <br>
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'''Source of financing:''' 10-07-2010 - Loan agreement signed with SBI & other Banks, SBI as lead lender<ref name=broad>[http://www.cea.nic.in/reports/proj_mon/broad_status.pdf Monthly Report on Broad Status of Thermal Power Projects in the Country,] Central Electricity Authority, November 2013</ref><br>
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'''Permits and applications:'''
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*Phase I: [http://bit.ly/1eKx72M Environmental clearance,] India MoEF, Oct 19, 2009
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*Phase II: [http://bit.ly/1koZ0kM Environmental clearance,] India MoEF, Oct 19, 2009
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*Phase II: [http://bit.ly/1koZ6ss Environmental clearance extension,] India MoEF, Oct 9, 2013
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*Phase III: [http://bit.ly/1joFDIp Terms of reference,] India MoEF, Dec 9, 2010
  
 
==Articles and resources==
 
==Articles and resources==
 
===References===
 
===References===
{{reflist|2}}
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{{reflist}}
  
 
===Related SourceWatch articles===
 
===Related SourceWatch articles===
 
*[[India and coal]]
 
*[[India and coal]]
 
*[[Proposed coal plants in India]]
 
*[[Proposed coal plants in India]]
 
 
  
 
===External resources===
 
===External resources===
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[[Category:Proposed coal plants in Asia]]
 
[[Category:Proposed coal plants in Asia]]
 
[[Category:India]]
 
[[Category:India]]
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[[Category:Existing coal plants in Andhra Pradesh]]
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[[Category:Existing coal plants in India]]
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[[Category:Existing coal plants in Asia]]

Latest revision as of 17:50, 16 January 2019

{{#badges: CoalSwarm|Navbar-Indiacoal}} Meenakshi Energy Thermal Power Project is a 300-megawatt (MW) coal plant completed in 2012 and 2013 in Andhra Pradesh, India. It is listed by the Central Electricity Authority as Thamminapatnam Thermal Power Plant.

A new 350 MW unit was completed in 2018. Another 350 MW unit is under development.

Location

The undated satellite photo below shows the plant in Thamminapatnam village.

Background

Meenakshi Energy Thermal Power Project is a 300 MW coal project built by Meenakshi Energy in Andhra Pradesh. According to the Central Electricity Authority (September 2012), the first unit of 150 MW was commissioned in September 2012 and the second unit of 150 MW was commissioned in April 2013.[1] According to the company web site, "The first phase of the Project (300 MW) has been configured in a unique 'part tolling-part merchant' configuration with PTC India Limited."[2]

Meenakshi Energy mentions additional expansion of the project to a total of 900 MW (2 x 300 MW addition) or 1000 MW (2 x 350 MW addition).[2][3]

In 2013 French energy company GDF Suez (later renamed Engie) spent $400 million to acquire a 74 per cent stake in Meenakshi Energy, including the Meenakshi power station. Indian developer Meenakshi Group owns the remaining 26 per cent stake. The Hindu stated a 700 MW addition to the plant was under construction and expected to be completed by 2015 to 2016.[4][5] Engie gradually increased its share to 89%.[6]

In August 2015 Engie said it was planning to sell its controlling stake in the Meenakshi plant. The French government, which owns a third of Engie, wants to reorient state-backed companies toward renewables, after a sustained public opposition campaign to French financing of fossil fuel projects. The planned 700 MW were reported as under construction,[7] and are planned for operation in 2017-2018.[8]

In February 2016 Engie sold its majority stake in the plant to India Power Corp, a Kanoria family trust entity with interests in wind and thermal power.[6]

In May 2018 the India Power Ministry said progress on the project was slow: "due to financial problem, work at site remained closed for a long time."[9]

According to the India Ministry of Power, unit 3 was commissioned in April 2018. There is no estimated date for unit 4, with construction stalled due to "non availability of Boiler Licence."[10]

Project Details

Sponsor: Meenakshi Energy
Parent: India Power Corp (89% ownership), Meenakshi Group (11% ownership)
Location: Thamminapatnam village, Chillakur mandal, Nellore district, Andhra Pradesh
Coordinates: 14.2111946, 80.0900615 (exact)
Nameplate capacity:

  • Phase I Unit 1: 150 MW
  • Phase I Unit 2: 150 MW
  • Phase II: 350 MW
  • Phase III: 350 MW

Status

  • Phase I Unit 1: Operating
  • Phase I Unit 2: Operating
  • Phase II: Operating
  • Phase III: Construction

Start date:

  • Phase I Unit 1: commissioned September 2012
  • Phase I Unit 2: commissioned April 2013
  • Phase II: commissioned April 2018
  • Phase III:

Type:
Coal Type:
Coal Source:
Estimated annual CO2:
Source of financing: 10-07-2010 - Loan agreement signed with SBI & other Banks, SBI as lead lender[1]
Permits and applications:

Articles and resources

References

  1. Jump up to: 1.0 1.1 Monthly Report on Broad Status of Thermal Power Projects in the Country, Central Electricity Authority, November 2013
  2. Jump up to: 2.0 2.1 "Our Vehicles for Implementation," Meenaskshi Energy website, accessed October 2013
  3. "Ongoing initiatives," Meenakshi Energy website, accessed August 2014
  4. "GDF to pick up 74% stake in Meenakshi Energy," The Hindu, December 17, 2013.
  5. "CODs for coal based thermal power plants," Government of India Ministry of Power Central Electricity Authority,"] Dec 24, 2014
  6. Jump up to: 6.0 6.1 "Engie to sell stake in Meenakshi plant," Live Mint, Feb 25, 2016
  7. "Engie Said to Plan Over $1 Billion Sale of Asian Coal Plants," Bloomberg, Aug 17, 2015
  8. "Monthly Report on Broad Status of Thermal Power Projects in the Country," Government of India Ministry of Power, July 2016
  9. "LOK SABHA STARRED QUESTION NO.545 ANSWERED ON 05.04.2018 ," India Power Ministry, Apr 5, 2018
  10. "Monthly Report on Broad Status of Thermal Power Projects in the Country," Government of India Ministry of Power, April 2018

Related SourceWatch articles

External resources

External articles