|Essar Power MP Ltd., recently, said it has stabilised operations in Unit II of its 2x600 MW Mahan power plant.|
The company has secured coal through a Government-conducted e-auction for the plant.
Essar Power Ltd. built the plant, which is located in Singrauli district of Madhya Pradesh at a cost of more than ₹ 8,000 crore. It requires approximately 5.5 million tons of domestic coal per year to generate full load, KVB Reddy, CEO, said.
He said the entire plant, stabilized now, is capable to run at 100 per cent capacity. Increased availability of affordable coal will help it ensure sustained operations at Mahan and fulfill the company’s commitment to supply low-cost power to the nation.
Reddy said the government has made available coal via e-auction at prices in line with the current market scenario. “Enhanced coal production and supply are welcome developments for the power sector and will help stranded power projects.”
Essar Power’s operational capacity in India now stands at 3,745 MW across 6 coal-and gas-fired plants. The company is currently developing the 2x600 MW Tori plant in Jharkhand, and the remaining 2x30 MW units of the 120 MW Paradip power project.
Essar Power Ltd owns power plants in India and Canada with a total planned generation capacity of 5,090 MW, of which 3,830 MW is operational. Of the total operational capacity, 2,815 MW is coal-based, while1,015 MW is gas-based. In India, the operational plants are at Mahan in MP, Hazira and Salaya in Gujarat, and Paradip in Odisha, while in Canada, there is one operational plant in Algoma. A 1,200 MW coal-based power plant at Tori in Jharkhand state is under development.