Jaypee Nigrie Super Thermal Power Project

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Jaypee Nigrie Super Thermal Power Project is an operating power station of at least 1320-megawatts (MW) in Nigri, Deosar, Singrauli, Madhya Pradesh, India.

Location

Table 1: Project-level location details

Plant name Location Coordinates (WGS 84)
Jaypee Nigrie Super Thermal Power Project Nigri, Deosar, Singrauli, Madhya Pradesh, India 24.14997, 81.904525 (exact)

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

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Unit-level coordinates (WGS 84):

  • Unit 1, Unit 2: 24.14997, 81.904525

Project Details

Table 2: Unit-level details

Unit name Status Fuel(s) Capacity (MW) Technology Start year
Unit 1 operating coal: lignite 660 supercritical 2014
Unit 2 operating coal: lignite 660 supercritical 2015

Table 3: Unit-level ownership and operator details

Unit name Owner Parent
Unit 1 Jaiprakash Power Ventures Ltd [100%] Jaiprakash Power Ventures Ltd [100.0%]
Unit 2 Jaiprakash Power Ventures Ltd [100%] Jaiprakash Power Ventures Ltd [100.0%]

Project-level coal details

  • Coal source(s): Amelia and Dongrital Blocks

Background

The project is proposed by Jaiprakash Power Ventures (JP Power Ventures), a power generation subsidiary of the privately owned Jaypee Group. The Jaypee Group is a major Indian infrastructure company with interests in civil engineering and construction, cement, power, real estate, expressways, hospitality, golf courses and education.[1]

In August 2014, JSW Energy was in talks to buy JP Power's Nigrie and Bina thermal power units.[2]

Status

Environmental Clearance

The project received a letter of environmental clearance from the Ministry of Environment & Forests on February 25, 2010. The letter is available here.

Construction

According to the Central Electricity Authority (September 2012), the project is under construction with Unit 1 projected for completion in June 2013 and Unit 2 in December 2013.[3]

Commissioning

The first unit was commissioned in July 2014. The second unit is expected to be commissioned in early 2015.[2] The second unit was commissioned in February 2015.[4]

Coal source

According to the website of JP Power Ventures, the Nigrie Thermal Project is expected to utilize coal from two captive coal blocks, the Amelia (North) and Dongri Tal II coal block, with total coal reserves of 250 MT of coal. JAL is expected to develop and mine the coal in a joint venture with MPSMCL. The joint venture has been allotted these two coal blocks solely for the purpose of supplying fuel to the Nigrie Thermal Project.[5]

Financing

In May 2010, a financing agreement for the project was closed. Rs 56.6 billion in loans was provided by ICICI Bank, Punjab National Bank, State Bank of Bikaner & Jaipur, State Bank of Hyderabad, Oriental Bank of Commerce, Indian Overseas Bank, Bank of Baroda, Bank of Maharashtra, Canara Bank, Central Bank of India, Corporation Bank, Life Insurance Corp of India, State Bank of Patalia, IDBI, Infrastructure Development Finance Co, UCO Bank, Syndicate Bank and United Bank. Rs 24.3 billion in equity was provided by Jaiprakash Power Ventures.[6]

In March 2014, a second agreement for additional financing for the project was closed. US$273.04 million in loans was provided by ICICI Bank, Punjab National Bank, Central Bank of India, IDBI Bank, Canara Bank, Syndicate Bank, State Bank of Hyderabad, Bank of Baroda, Oriental Bank of Commerce, State Bank of Patiala, Corporation Bank, State Bank of Bikaner & Jaipur, Indian Overseas Bank, and Bank of Maharashtra.[7]

Source of financing: US$770,819928 in debt from ICICI Bank, Punjab National Bank, State Bank of Bikaner & Jaipur, State Bank of Hyderabad, Oriental Bank of Commerce, Indian Overseas Bank, Bank of Baroda, Bank of Maharashtra, Canara Bank, Central Bank of India, Corporation Bank, Life Insurance Corp of India, State Bank of Patalia, IDBI, Infrastructure Development Finance Co, UCO Bank, Syndicate Bank and United Bank; US$330935,057 in equity from Jaiprakash Power Ventures; US$273.04 million in debt from ICICI Bank, Punjab National Bank, Central Bank of India, IDBI Bank, Canara Bank, Syndicate Bank, State Bank of Hyderabad, Bank of Baroda, Oriental Bank of Commerce, State Bank of Patiala, Corporation Bank, State Bank of Bikaner & Jaipur, Indian Overseas Bank, and Bank of Maharashtra[6][7]

Articles and Resources

References

  1. Jaiprakash Power Ventures, "Home", Jaiprakash Power Ventures website, accessed November 2011.
  2. 2.0 2.1 Nisha Poddar, "SW Energy eyes JP Power's Bina, Nigrie power plants," The Economic Times, Aug 18, 2014.
  3. "Monthly Report on Broad Status of Thermal Power Projects in the Country" Government of India Ministry of Power, September 2012.
  4. "Jaiprakash Power Ventures' Jaypee Nigrie STPP becomes fully operational," Business Standard, February 21, 2015
  5. "Power generation," Jaiprakash Power Ventures website, accessed September 2014.
  6. 6.0 6.1 "Jaypee Nigrie Super Thermal closed | News | IJGlobal". ijglobal.com. Retrieved 2020-10-16.
  7. 7.0 7.1 "Preview of Nigrie Power Project Additional Financing 2014 (1320MW) | Transaction | IJGlobal". ijglobal.com. Retrieved 2020-10-16.

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.