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Meenakshi Energy Thermal Power Project

5 bytes added, 05:01, 5 March 2014
'''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>[http://www.meenakshienergy.com/aboutus.html "About Us,"] Meenakshi Energy website, accessed January 2012</ref>
The company 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>
In 2013 French energy company [[GDF Suez]] spent $400 million to acquire a 74 per cent stake in Meenakshi Energy, including its [[Meenakshi Energy Thermal Power Project]]. The Hindu stated the 700 MW addition to the plant was under construction and expected to be complete by March, 2015.<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>

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