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Simhapuri Energy to set up 540 MW (4x135MW) Coal based Power Project at Thamminapatnam

Simhapuri Energy to set up 540 MW (4x150 MW) Coal based Power Project at Thamminapatnam in Nellore district of Andhra Pradesh. The project will be implemented in two phases of 300 MW each. The project will be based on CFBC technology with lime injection having efficiency of sulphur quenching up to 95%. Imported coal requirement will be 2.07 MTPA @100% PLF. The total project cost is estimated at Rs.. 26495 million. Simhapuri Coastal Thermal Power Project, at Krishnapatnam, Nellore District, Andhra Pradesh, India is being established by Malaxmi and Madhucon Projects Limited. Size: 540 MW (Phase – I & II) Coastal Thermal Power Project Location: Developed in 500 acres at Krishnapatnam Port in Nellore District, Andhra Pradesh, India. Project Status: - Advance Possession of Land - Financial Closure is achieved for Phase – I - Major clearances are in place - 70% of generation is agreed to be sold to Power Trading Corporation (PTC) of India under Power Tolling Agreement (PTA). Under PTA fuel will be supplied to the project free of cost by PTC and the Project will convert it into energy and supply to PTC at an agreed price. Balance of Power will be sold on Merchant Sale Basis. Vice President Simhapuri Energy Private Limited Madhucon Green Lands, 6-3-866/2, 3rd Floor, Begumpet, Hyderabad-500016 (India) Tel: +91 40 2341 2196, Fax: +91 40 2341 2397 Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

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The Rs 1,204 crore phase II debt component of the 1,920 MW thermal plant being developed in three phases at Tamminapatnam and Mommidi villages is being funded by a 13-bank consortium led by State Bank of India. While the phase one of 300 mw is under execution currently, the phase II of 300 mw will be commissioned by August 2012. The third phase of the project of 1320 mw (2x660mw) will be taken up simultaneously. All mandatory clearances for the entire project have been secured by the company. According to a statement from the company management, substantial portion of the coal required for the 1920 mw thermal plant shall be sourced from the coal mine of PT Madhucon Indonesia, a subsidiary of Madhucon. It has an operating coal mine of 10,000 hectares in Indonesia with estimated mining reserves of 900 million tonnes. The company has extended the EPC tender date to December 2011

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