Odisha's plans to build massive coal based power generation capacity derailed

Last Modified: Wed Apr 15 2020 07:26:49 GMT+0530 (India Standard Time)
  • 29
    private Independent Power Producers with which the Odisha signed MoUs in order to emergy as a thermal power hub. The MoUs were signed between 2004 and 2014.
  • 33,050 MW
    generation capacity to be set up. Per the terms of MoU, IPP to provide 12% - 14% of electricity to the state govt at competitive rates. Since the state is already power surplus, it plans to sell this power to spot exchanges or to states with deficits via GRIDCO.
  • 5,350 MW
    capacity commissioned to date.
  • 2,720 MW
    capacity still under construction, but stranded or stressed.
  • 24,980 MW
    capacity shelved, cancelled or stalled.
  • 1,050 MW
    GMR Energy's 3 x 350 MW Kamalanga Power Project. CoD of Unit 1 achieved in March 2013 Unit 2 in November 2013 Unit 3 in March 2014. A 'stressed asset' with a debt of Rs. 3,951 crore, the project is set to be acquired by JSW Energy. (Click / Tap for details).
  • 700 MW
    Ind Barath's power plant at Jharsuguda, Odisha. Both units (2 x 350 MW) have been commissioned. The project is considered as a 'stressed asset' as it has an outstanding debt of Rs. 3,046 crore.
  • 1,200 MW
    Jindal India Thermal Power's Angul I Power Plant. 600 MW Unit 1 commissioned and operational since May 2014. 600 MW Unit 2 commissioned and operational since Jan 2015.
  • 2,400 MW
    Sesa Sterlite's Jharsuguda Power Plant in Odisha - 4 Units, 600 MW each commissioned and operational.
  • 1,320 MW
    LANCO Group's 2 x 660 MW Babandh Power Station in Dhenkanal district - under construction. The project is considered a stressed asset as it has an outstanding debt of Rs. 6,976 crore.
  • 1,320 MW
    Chennai-based BGR Energy Systems had proposed to set up a power station at Bhapur in Odisha's Nayagarh district, committing an investment of Rs 6,287.93 crore. It signed a memorandum of understanding (MoU) with the Odisha government in February 2009. In May 2017 BGR Energy intimated the state government to shelve their project due to lack of coal blocks or firm linkages and the scenario shifting in favour of renewable power with tariffs getting more competitive.
  • 1,320 MW
    Chambal Infrastructure Ventures Limited's 2 x 660 MW Jamuchakada Power Station - shelved.
  • 350 MW
    Unit 4 at GMR Energy's Kamalanga Power Project. The company appears to have abandoned plans to construct this unit even though it has obtained environmental clearances and does not need additional land.
  • 660 MW
    2 x 330 MW of Phase II of Ind-Barath Power's Jharsuguda Power Plant appear to have been shelved.
  • 1,320 MW
    Ind-Barath's Pitamahul Power Project appears to have been shelved. KU Projects Ltd. a subsidiary of Ind-Barath, signed an MoU in 2011.
  • 1,320 MW
    Jinbhuvish Power Generations' Baragaon Power Station appears to be cancelled - the project does not even show up on the company's website.
  • 1,920 MW
    600 MW Unit 3 at BC Jindal Group's Derang Power Plant Phase I (aka Angul Power Plant) in Derang village of Odisha’s Angul district and 1,320 MW of Phase II appear to be shelved. While 2 x 600 MW have been commissioned, the company has an outstanding debt of Rs. 5,381 crore and the project is considered as a 'stressed asset'.
  • 1,320 MW
    Jindal Power's Jamunda Power Project - the project has yet to receive environmental clearance, and appears to be deferred or abandoned.
  • 1,200 MW
    Kalinga Energy & Power Ltd, an Odisha-based developer and Shyam Group had proposed to set up Sodomal Power Project, committing an investment of Rs 4261.27 crore. It signed a memorandum of understanding (MoU) with the Odisha government in February 2009. In May 2017 the companies intimated the state government to shelve their project due to lack of coal blocks or firm linkages and the scenario shifting in favour of renewable power with tariffs getting more competitive.
  • 1,050 MW
    KVK Energy & Infrastructure's 2 x 350 MW Nilachal Power Station Phase II appear to be shelved or cancelled. Located in Kandarei village, Althagarh taluk, Cuttack district, 350 MW Unit 1 still is under construction. The project has an outstanding debt of Rs. 1,071 crore and going through an insolvency resolution process.
  • 1,920 MW
    KVK Energy & Infrastructure's 3 x 660 MW JR Power Project - cancelled. Project does not appear on the company's website.
  • 1,320 MW
    LANCO Group's 2 x 660 MW Babandh Power Station Phase II in Dhenkanal district - cancelled. Company's website does not mention this phase.
  • 1,710 MW
    Monnet Ispat's Malibrahmani Power Station - Units 1, 2 of 525 MW each construction stalled due to lack of funds, while Unit 3 has been shelved. The company is carrying an estimated debt in excess of Rs.5,300 crore is looking for a buyer.
  • 1,050 MW
    Essar Energy's Navabharat Power Project shelved due to lack of interest to implement the project.
  • 1,320 MW
    NSL Group's Talcher Power Station (NSL Nagapatnam) - shelved due to lack of interest to implement the project.
  • 1,320 MW
    SPR Infrastructure's Ganjam Power Station - cancelled, most likely due to lack of interest from the developer.
  • 1,320 MW
    Sahara Group's Balangir Power Station - cancelled due to lack of environmental clearances and citizen conflicts.
  • 2,000 MW
    Tata Power's Begunia Power Project shelved due to lack of access to appropriate coal linkages.
  • 1,320 MW
    VISA Power's Cuttack Power Station - cancelled.
  • 1,320 MW
    Visaka Thermal Power's Rairakhol Power Station - cancelled.