- Phase I ( 2X30 MW) on 120 MW Paradip power plant is now fully commissioned
- Phase II units (2x30 MW) are under construction; likely to be completed next year
- Essar Power Synchronises Unit 2 of paradip power with state grid
- Essar Power’s total installed capacity now stands at more than 4,700 MW, with a target to reach 6,100 MW by FY2019
Mumbai/ Paradip, 30 September 2016: Essar Power Ltd (EPoL) today announced that it has completed Phase I (2x30 MW) of the 120 MW Paradip Power Plant following the synchronisation of the 30 MW second unit with the Odisha state grid on 28 September 2016. With this milestone, Essar Power’s installed capacity now stands at 4,705 MW.
The 120 MW imported coal based power project at Paradip, Odisha, is developed by Essar Power Orissa Limited (“EPOrL”), which is a subsidiary of EPoL. This has been set up as a captive power plant to meet the requirements of Essar Steel India’s 12 million tonne pellet plant in Odisha. The facility comprises a pelletisation plant at Paradip and a beneficiation plant at Dabuna, which are connected through a 253-km slurry pipeline.
Mr KVB Reddy, CEO, EPoL, said: “Our focus is on completing all our under construction projects in the quickest possible time and achieve our stated target of operationalising 6,100 MW so that we can fully leverage on efficiencies of scale. With that goal in mind, the completion of Phase I of the Paradip project is an important milestone that we are delighted to reach.”
This project uses eco-friendly fluidised bed combustion technology boilers that result in lower emissions. The boiler is designed to use both domestic as well as imported coal. The world-class equipment ensures maximum availability and reliability for the Essar Steel units in Odisha. With the commissioning of Unit 2, Essar Steel will be able to further reduce its power bill, and enhance its competitive edge.
About Essar Power Ltd
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 4,705 MW is operational. Of the total operational capacity, 3,105 MW is coal-based, while 1,600 MW is gas-based. The operating plants in India are at Mahan, Hazira, Salaya, Vadinar and Paradip. A 1,200 MW plant at Tori in Jharkhand state is under development.
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