Aditya Aluminium power station
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Aditya Aluminium power station is an operating power station of at least 900-megawatts (MW) in Lapanga, Rengali, Sambalpur, Odisha, India.
Location
Table 1: Project-level location details
| Plant name | Location | Coordinates (WGS 84) |
|---|---|---|
| Aditya Aluminium power station | Lapanga, Rengali, Sambalpur, Odisha, India | 21.740068, 84.060592 (exact) |
The map below shows the exact location of the power station.
Unit-level coordinates (WGS 84):
- Unit 1, Unit 2, Unit 3, Unit 4, Unit 5, Unit 6: 21.740068, 84.060592
Project Details
Table 2: Unit-level details
| Unit name | Status | Fuel(s) | Capacity (MW) | Technology | Start year |
|---|---|---|---|---|---|
| Unit 1 | operating | coal: unknown | 150 | subcritical | 2014 |
| Unit 2 | operating | coal: unknown | 150 | subcritical | 2014 |
| Unit 3 | operating | coal: unknown | 150 | subcritical | 2014 |
| Unit 4 | operating | coal: unknown | 150 | subcritical | 2014 |
| Unit 5 | operating | coal: unknown | 150 | subcritical | 2014 |
| Unit 6 | operating | coal: unknown | 150 | subcritical | 2014 |
Table 3: Unit-level ownership and operator details
| Unit name | Owner | Parent |
|---|---|---|
| Unit 1 | Hindalco Industries Ltd [100%] | Hindalco Industries Ltd [100.0%] |
| Unit 2 | Hindalco Industries Ltd [100%] | Hindalco Industries Ltd [100.0%] |
| Unit 3 | Hindalco Industries Ltd [100%] | Hindalco Industries Ltd [100.0%] |
| Unit 4 | Hindalco Industries Ltd [100%] | Hindalco Industries Ltd [100.0%] |
| Unit 5 | Hindalco Industries Ltd [100%] | Hindalco Industries Ltd [100.0%] |
| Unit 6 | Hindalco Industries Ltd [100%] | Hindalco Industries Ltd [100.0%] |
Project-level captive use details
- Captive industry use (heat or power): power
- Captive industry: Aluminum
Background
Hindalco states that "The project also has a 20 million-tpa joint venture coal mine at Ib Valley, coal blocks Talabira II and III, Odisha, and a 900-MW captive power plant at Lapanga."[1] The project was reported as in operation by 2014.[2]
Aditya Aluminium was established in 1991, which is an aluminum project that consists of aluminum smelter and refinery.[3]
Parent company political donations
In March 2024, data released by the Election Commission of India revealed that the Aditya Birla Group, which includes Hindalco Industries, was the largest donor to the governing political party in Odisha, where the company's coal, aluminum, and iron ore projects are located. Between April 2019 and February 2024, the Aditya Birla Group gave 1.74 billion rupees (US$20.9 million) in electoral bonds to the Biju Janata Dal (BJD). In late February 2024, India's Supreme Court ruled that electoral bonds were unconstitutional, as they had allowed political parties to receive campaign contributions from donors without public disclosure.[4]
Financing
Source of financing: US$678,057,034 in debt from SBI Capital Markets and IDBI Bank; US$678,057,034 in debt from 26 other international banks; US$534,254,453 in equity from Hindalco Industries[5][6]
In September 2012, a financing agreement for the plant was closed.[7] SBI Capital Markets and IDBI Bank led a consortium of 28 international banks that agreed to provide Rs 9,896 crore in loans. SBI Capital Markets and IDBI Bank agreed to provide 50% of that loan amount. Hindalco Industries agreed to provide Rs 3899 crore in equity.[5][6]
Articles and Resources
References
- ↑ Hindalco Industries, Greenfield projects", Hindalco Industries website, accessed November 2011.
- ↑ "Primary aluminium installed capacity to reach 2,843.4 thousand tonnes by March 2015," CMIE, Nov 20, 2014
- ↑ "Aditya Aluminium Pvt. Ltd." Bloomberg Businessweek, accessed December 22, 2011.
- ↑ "Aditya Birla Group, Rashmi, and Jindal Steel Power Top Poll Bond Donors of Biju Janta Dal," The Wire, March 22, 2024
- ↑ 5.0 5.1 Mehta, Sangita; Ramsurya, M. V. "Banks rush to fund Hindalco's greenfield project". The Economic Times. Retrieved 2020-10-09.
- ↑ 6.0 6.1 "Aditya Aluminium achieves financial closure". The Hindu. Special Correspondent. 2012-09-17. ISSN 0971-751X. Retrieved 2020-10-09.
{{cite news}}: CS1 maint: others (link) - ↑ "Hindalco closes on Aditya Aluminium | News | IJGlobal". ijglobal.com. Retrieved 2020-10-09.
Additional data
To access additional data, including an interactive map of coal-fired power stations, a downloadable dataset, and summary data, please visit the Global Coal Plant Tracker on the Global Energy Monitor website.
