Ib Valley Thermal Power Station

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Ib Valley Thermal Power Station is an operating power station of at least 1740-megawatts (MW) in Banaharpalli, Jharsuguda, Odisha, India with multiple units, some of which are not currently operating. It is also known as IB Thermal Power Station.

Location

Table 1: Project-level location details

Plant name	Location	Coordinates (WGS 84)
Ib Valley Thermal Power Station	Banaharpalli, Jharsuguda, Odisha, India	21.690729, 83.860096 (exact)

The map below shows the exact location of the power station.

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Unit-level coordinates (WGS 84):

• Stage III Unit 5, Stage III Unit 6, Unit 3, Unit 4: 21.690729, 83.860096
• Unit 1, Unit 2: 21.6897827, 83.8601567

Project Details

Table 2: Unit-level details

Unit name	Status	Fuel(s)	Capacity (MW)	Technology	Start year
Stage III Unit 5	pre-permit	coal: unknown	660	ultra-supercritical	2029 (planned)
Stage III Unit 6	pre-permit	coal: unknown	660	ultra-supercritical	2029 (planned)
Unit 1	operating	coal: unknown	210	subcritical	1995
Unit 2	operating	coal: unknown	210	subcritical	1995
Unit 3	operating	coal: unknown	660	supercritical	2019
Unit 4	operating	coal: unknown	660	supercritical	2019

Table 3: Unit-level ownership and operator details

Unit name	Owner	Parent
Stage III Unit 5	Odisha Power Generation Corporation Ltd [100%]	Odisha Power Generation Corporation Ltd [100.0%]
Stage III Unit 6	Odisha Power Generation Corporation Ltd [100%]	Odisha Power Generation Corporation Ltd [100.0%]
Unit 1	Odisha Power Generation Corporation Ltd [100%]	Odisha Power Generation Corporation Ltd [100.0%]
Unit 2	Odisha Power Generation Corporation Ltd [100%]	Odisha Power Generation Corporation Ltd [100.0%]
Unit 3	Odisha Power Generation Corporation Ltd [100%]	Odisha Power Generation Corporation Ltd [100.0%]
Unit 4	Odisha Power Generation Corporation Ltd [100%]	Odisha Power Generation Corporation Ltd [100.0%]

Project-level coal details

• Coal source(s): Manoharpur in Ib valley

Background

The original plant comprises Units 1 and 2, each 210 MW, both commissioned in 1995.

Reporting in July 2023 announced that Units 1 and 2 were undergoing modernization and renovation to extend their operating lifetimes by "another 15 years beyond June 2026."

In March 2024, Units 1 and 2 entered an emergency shut-down mode due to issues with the two units' ash ponds. The power station had reportedly faced critique and legal discipline leading up to one of the ash ponds' break-down, due to the dumping of ash from Units 3 and 4 into ponds dedicated to the first two units.

1320 MW expansion (Units 3 & 4)

An expansion is planned for an increase of 1320 MW in capacity with two new 660 MW units, described by the company as units 3 and 4. In 2011, the company advertised a request for proposals for work. Early, the size of the project had appeared as 1200 MW in a list of pending applications for coal published by the Ministry of Coal.

Land for the project has been acquired. Environment, forest, avidation, and other permits have been acquired. Water has been allotted from Hirakud reservoir. Construction of transmission line for 50% of the power is being completed. The remaining 50% will by constructed by Powergrid. Half of the power from the plant will be sold to GRIDCO through long-term power purchase agreement; the balance will be sold through a mix of long-term power purchase agreements and short/medium term sales. Coal will be brought to the plant from a captive mine using a dedicated railway network, which will involve 50 km of construction. Land acquisition and other permits for the railway are in progress.

The operator has applied for Mega Power Project status.

The engineering, procurement, and construction contract was given to Bharat Heavy Electricals (BHEL) and BGR in 2013. Construction also began that year.

Both units are planned for operation in 2018, later pushed to 2019.

According to the India Ministry of Power, unit 3 was commissioned on April 20, 2019, and unit 4 on May 11, 2019.

Stage III expansion (Units 5 & 6)

In August 2023, Odisha Power Generation Corp. applied for Terms of Reference (TOR) for an additional 2 x 660 MW (Units 5 and 6). The expansion was referred to as Stage III. Construction was expected to begin in May 2024 and be completed by September 2028.

In September 2023, the Re-Constituted Expert Appraisal Committee (EAC) of the India Ministry of Environment, Forest and Climate Change recommended that TOR be granted for the Stage III expansion project. Reporting in December 2023 announced that OPGC was prepared to float tenders for the expansion. The company had also already been given "in-principle approval" from the Grid Corporation of Odisha Limited (GRIDCO) for the purchase of all power to be generated by the two new units. At the time of reporting, the expansion was expected to be completed in 2028 and synchronized to the grid in March 2029.

Financing

Units 3-4: In December 2018, a financing agreement for the expansion was closed. The Power Finance Corporation and Rural Electrification Corporation agreed to provide US$1,239.17 million in loans to the project. AES Corporation and the Odisha Government agreed to provide US$413.10 million in equity.

Units 5-6: Estimated capital cost of the fifth and sixth units is Rs 12,717 crore. The project will be funded through equity from internal accrual and debt from the market.

Articles and Resources

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.