Wardha Warora Power Plant

From SourceWatch
Revision as of 21:16, 1 September 2012 by Andrew Cauthorne (talk | contribs) (Map Fix)
Jump to navigation Jump to search

{{#badges: CoalSwarm|Navbar-Indiacoal}} Wardha Warora Power Plant is a proposed coal plant in Maharashtra, India.

Location

The map below shows Warora, but not the exact location of the project:

Background

Wardha Warora Power Plant is a proposed 540 megawatt (MW) coal-fired power station in the Warora Growth Centre, District Chandrapur, in Maharashtra. The project is owned by Wardha Power Company Limited ((WPCL), a subsidiary of KSK Energy Ventures.[1] The plant comprises four units of 135 MW each, commissioned as follows:[2]

  • Unit 1 - 135 MW - June 2010
  • Unit 2 - 135 MW - October 2010
  • Unit 3 - 135 MW - January 2011
  • Unit 4 - 135 MW - April 2011

The company states that coal will be sourced from Western Coalfields, a subsidiary of Coal India. The plant is being built for WPCL by Shangdong Electric Power Construction Corporation (SEPCO).[3]

Free land and no public consultation

In a media release on the project KSK Energy Ventures stated that the "Maharashtra Industrial Development Corporation (MIDC) has lent support to the initiative by providing 94 hectors [sic] of land for the project in Warora".[1]

In its letter granting environmental clearance for the project, the Ministry of Environment & Forests stated that, as the project was located in an industrial park, the project was exempt from public consultation.[4]

Coal supply

On its website KSK Energy Ventures states that coal for the project will be sourced from Western Coalfields.[3] In July 2007 the Ministry of Environment & Forests granted environmental clearance for the project, stating that coal for the project would be sourced from the Morga II Block.[4]

Project Finance

In a 2007 media release KSK stated that the project was expected to cost Rs. 2400 Crores of which Rural Electrification Corporation Limited (REC) - Rs. 555 cr, HUDCO - Rs. 233 cr, Indian Overseas Bank (IOB) - Rs. 100 cr. KSK Energy Ventures Private Limited (Rs. 130 cr) and Viraj Profiles Limited (Rs. 90 cr) pump in a combined equity of Rs 220 cr.[1] (In 2007 USD the project total cost was $588.9 million with the respective shares being: Rural Electrification Corporation $136 million; HUDCO $57.2 million; Indian Overseas Bank $24.5 million, KSK $31.9 million and Viraj Profiles $22 million).[5]

Power off-take agreements

On its website KSK states that WPC has "entered into a power delivery agreement with various bulk consumers in the state of Maharashtra."[3] In 2007 KSK stated that it had entered into a Power Purchase Agreement to supply 270 MW to the stainless steel maker Viraj Profiles.[1]

Project Details

Sponsor: KSK Energy Ventures
Location: Warora Growth Centre, District Chandrapur, Maharashtra
Coordinates:
Status: Operating
Nameplate capacity: 540 MW
Type:
Projected in service:
Coal Type:
Coal Source: Western Coalfields
Estimated annual CO2:
Source of financing:

Resources

References

  1. Jump up to: 1.0 1.1 1.2 1.3 KSK Energy Ventures, "KSK Energy Ventures sets up a 540 MW Project in Maharashtra", Media Release, May 13, 2007.
  2. "Monthly report on broad status of thermal power projects in the country," Ministry of Power, Central Electrical Authority, Thermal Projects Monitoring Division, February 2012
  3. Jump up to: 3.0 3.1 3.2 KSK Energy Ventures, "Thermal Power Plants", KSK Energy Ventures website, accessed February 2012.
  4. Jump up to: 4.0 4.1 Ministry of Environment & Forests, "Letter to Wardha Power Company", July 17, 2007, page 1.
  5. "Currencies Center", Yahoo, accessed February 2012. (The figures were converted using May 2007 currency rates).

Related SourceWatch articles


External resources

External articles