Simbhaoli Sugars is planning to increase its captive power plant at Simbhaoli and Chilwaria in Uttar Pradesh. The company has formed a special purpose vehicle 'Simbhaoli Power Ltd' to implement the project. It will add a new 15 MW power plant at Chilwaria and expand the existing power plant in Simbhaoli by another 18 MW. The project cost is estimated at Rs. 2000 million. It may be noted, Simbhaoli Sugars had entered into a joint venture with Sindicatum Sustainable Resources Group (Sindicatum), a global developer and operator of clean energy projects
Bhandara Thermal Power Corp Ltd, a step down subsidiary of Gayatri Group is planning to set up a 2x660 MW thermal power project in Mohadi in Bhandra district of Maharashtra. The company is in the process of land acquisition and has sought linkage for coal.
Dada Dhuniwale Khandwa Power Ltd (a joint venture company of MP Power Generation Company Ltd. (MPPGCL) and Bharat Heavy Electricals Ltd. (BHEL) is planning to set up a 1600 MW ( 2 x 800 MW) coal based thermal power plant in Khandwa in Madhya Pradesh with an investment of Rs. 80,000 million. The project is likely to go operational in March 2017. The company has signed a Power Purchase Agreement (PPA) for its Khandwa thermal power project with the state government. As per the agreement, the company will provide 65 per cent power out of the total power generated to the state for 25 years. Land acquisition process is underway
BHEL has promoted a joint venture company with Madhya Pradesh Power Generating Company Ltd (MPPGCL) for setting up of a 2x800MW Supercritical Thermal Power Plant at Khandwa, Madhya Pradesh on build, own and operate basis. The Joint Venture was incorporated on February 25, 2010 under the name of 'Dada Dhuniwale Khandwa Power Ltd'. BHEL has invested Rs.2.50 Crore as advance deposit towards issue of shares.
Consultant has submitted Final Feasibility Report. Formal approval of MPPGCL & BHEL on Final Feasibility Report is awaited. Land acquisition in progress.
Madhya Pradesh Power Generating Company Limited (MPPGCL) has decided to begin the second phase of Singaji thermal power project in Khandwa district. The state government announced the revised cost of the project, which has a total capacity of 1,320 Mw (660 Mw in each phase), and the formation of a special purpose vehicle. The first phase of similar capacity is expected to be completed by MPPGCL by 2012. The total land requirement of the project is 1,232 hectare of which 1,163 hectare have already been acquired.
“Total cost of the project will be Rs 6,500 crore of which Rs 5,200 crore will be debt portion obtained from various banks and financial institutions. The state government will contribute the rest 20 per cent (Rs 1,300 crore) as share capital,” a government spokesperson said here soon after the cabinet meeting. The Bharatiya Janata Party government had invited its top-brass LK Adwani to lay the foundation stone of this project earlier named as Malwa power project. Singaji Thermal Power project named after a seer who had stationed himself years ago in a village, which has now been submerged in the Indira Sagar Power project reservoir. The saint, who is believed to have hands-on knowledge of veterinary, took Samadhi (mausoleum of a saint or a spiritual leader) near the project site.
The project, as it is now referred to, will come up in Dongalia village of the Khandwa district. The state government has also learnt to have tied-up with Power Finance Corporation for a loan of Rs. 3,242 crore against the project cost of Rs. 4,053 crore (as calculated earlier for the first phase). However in the present market conditions the project cost has been revised to Rs. 6,500 crore. The project has been conceptualised to be completed in two stages; the first unit of 660 MW is scheduled to be commissioned by March 2012 and second unit by July 2012. The project was originally conceptualised as a joint venture of 2,400 MW with the Gujarat government, which was later pulled out.
M/s Lahmeyer International (I) Ltd. Gurgaon have been appointed as Project Consultant. The company has invited tenders for awarding the BTG package in December 2011.