- 270 MW multi-fuel plant now fully operational
- Plant is 100% captive to Essar Steel, which will now be able to reduce its power procurement cost
- Close to 80% of Essar Power's targeted 6,100 MW capacity now operational
Mumbai / Hazira, 30 November 2016: Essar Power Hazira Ltd, a subsidiary of Essar Power Ltd, today announced the successful commissioning of the second unit of its 2x135 MW power project in Hazira. Completed in a record 53 days—from IBR Hydrotest to final synchronisation—it is among the swiftest commissioning for a unit of this size. The first unit was commissioned in July last year.
With this commissioning, the 270 MW multi-fuel power plant that is 100% captive to Essar Steel Hazira is now fully operational. The plant can run on multiple fuels, like coal (both domestic and imported) and corex gas, simultaneously. The commissioning will bring down the power procurement cost of Essar Steel and also assure unmatched reliability and flexibility in steelmaking operations.
Close to 80 % of Essar Power’s targeted capacity of 6,100 MW, which comprises both captive and IPP assets, are now operational. Five of the plants in the company’s portfolio were PAT positive in FY2015-16. Mr KVB Reddy, CEO, Essar Power, said: “Over the last two years, increased coal availability, both from domestic and overseas suppliers, as well as the strong operational efficiencies harnessed by Essar Power’s world-class technical team have helped improve performance significantly.”
About Essar Power
Essar Power Ltd is one of India's largest private sector power producers with over 20 years’ operating track record. It owns power plants in India and Canada with a total generation capacity of 6,100 MW, of which 4,840 MW is operational. Of the total operational capacity, 3,240 MW is coal-based, while 1,600 MW is gas-based. The operating plants in India are located in Mahan, Chhatisgarh, and Hazira, Salaya and Vadinar, in Gujarat..
Manish Kedia, Senior Vice President - Corporate Affairs, Essar
Phone: +91 98197 30092, Email: email@example.com
Ravi Muthreja, Vice President - Corporate Communication, Essar
Phone: + 91 99301 34566, Email : Ravi.Muthreja@essar.com