NTPC to set up Simhadri Super Thermal Power Project, Stage-II (2x500 MW) at Vizag. The plant will be located within the premises of the existing stage-I power plant. No additional land will be acquired for the main plant, however, 400 acres of barren land for the ash pond and 75 acres of land for afforestation outside the plant premises will be acquired. . The coal requirement is estimated as 18,000 TPD at 100% PLF and water required will be sourced from Vizag Industrial Water Supply project. The total project cost is estimated at Rs. 48444 million.
Coastal Andhra Power , a special purpose vehicle held by Anil Dhirubhai Ambani Reliance Group is setting up 4000 MW Krishnapatnam UMPP in Nellore district of Andhra Pradesh. It will use imported coal from Indonesia to the extent of 14 million tonnes per year and it will be transported from Krishnapatnam Port by conveyors. The total project cost is estimated at Rs. 166000 million. It will use super critical technology and the first unit is scheduled to come up on stream in 2013 and will become fully commissioned by October 2015.
Construction activities at the site have commenced. All key clearances and approvals required for the Project are in place. All the required site studies have been completed. The company has achieved financial closure for Rs.175,000 million with 75:25 debt equity ratio with Power Finance Corporation acting as the lead manager. A consortium of leading Indian banks were participants.
The power from the project will be sold at a levelized tariff of Rs. 2.33 kWh (kilo watt hour) to eleven procurers from four states – Andhra Pradesh, Tamil Nadu, Karnataka and Maharashtra. Most of the developmental milestones such as Land Acquisition, water, environment clearance etc have largely been completed for the project. The Engineering, Procurement and Construction contract for the project has been awarded to Reliance Infrastructure and the main plant for the equipment is being sourced from Shanghai Electric Corporation, China. Further, the project will be employing the advanced ‘super-critical’ technology for its power plant. The initial construction activities have also commenced at the site. It is expected that the project would start generating power from the year 2013 and would be completed before the schedule contemplated.
The coal requirement of around 15 million tones for the project would be sourced from Indonesian mines. The company is planning to develop the infrastructure facilities for transporting the coal from the mines to port in Indonesia. The coal will then be transported by cargo vessel to the Krishnapatnam port which is approximately 3 km from the project site. The coal will then be transported to the project site by conveyer belts. The project has already entered into a port services agreement to use the facilities at the port established.
The Krishnapatnam power project achieved financial closure in July 2009. The lenders for the project are a consortium of almost 12 banks lead by IDBI – one of the largest banks of India. The lending was done on a project finance basis for an estimated project cost of around Rs. 17,450 crs (US$ 4 billion) with a debt-equity ratio of 75:25.
Date of Issue of Letter of Intent : November 11, 2007
Date of Transfer of SPV ( Coastal Andhra Power ) to developer : January 29, 2008
Date of Signing of PPA : March 23, 2007.
Land Acquisition : 2434 acres acquired.
Financial Closure : Achieved in July 08, 2010
Order for Main Plant : BTG ( Boiler, Turbine, Generator) awarded by Reliance Infra in Oct. 2009.
Progress at Site : For Boundary Wall / Fencing-Foundation, Plinth beam works and brick wall in progress. Area grading in Main Plant – completed. .BTG area ready for piling work. Levelling in other area is in progress. Batching plant completed. Site office and store completed.
Studies & Investigation
Soil Investigation - Draft Final report received in May 2009
Area Drainage Studies - Draft Report received and SGL, area drainage finalized in March 2009
Water intake study – MoEF(CRZ) clearance obtained on 12.06.09 for on shore pump house in December 2008
Testing of construction material and mix design – Completed in January 2009
Seismic study – Completed in Sep 2008
Ash pond leaching study – Draft report received in Nov. 2009
Fuel Logistic study – Completed in December 2008
Railway Siding study – In principle approval received from South Central Railway on 17.07.09.
Main Plant Equipment a. LOI for BTG issued by EPC Contractor. B. Plant Engineering being finalized c. Orders for BOPs yet to be placed
. Appointment of Independent Engineer : Issue taken up with the lead procurer. Lead procurer to take necessary action.
Pre-Award Works : Site Office, Stores & Miscellaneous Civil Works : Completed in June 2009 Area grading in main plant area : Completed in December 2009. Boundary Wall/Fencing – Work in progress.
The company has informed BSE that the project will be commissioned 8 months ahead of the schedule