Muthukur Mandal power station (Painampuram)
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Muthukur Mandal power station (Painampuram) is an operating power station of at least 1320-megawatts (MW) in Painampuram & Sivarampuram, Muthukur, Nellore, Andhra Pradesh, India. It is also known as SGPL Power Project; Sembcorp Gayatri Power Complex.
Location
Table 1: Project-level location details
| Plant name | Location | Coordinates (WGS 84) |
|---|---|---|
| Muthukur Mandal power station (Painampuram) | Painampuram & Sivarampuram, Muthukur, Nellore, Andhra Pradesh, India | 14.351195, 80.143086 (exact) |
The map below shows the exact location of the power station.
Unit-level coordinates (WGS 84):
- Unit 1, Unit 2: 14.351195, 80.143086
Project Details
Table 2: Unit-level details
| Unit name | Status | Fuel(s) | Capacity (MW) | Technology | Start year |
|---|---|---|---|---|---|
| Unit 1 | operating | coal: unknown | 660 | supercritical | 2016 |
| Unit 2 | operating | coal: unknown | 660 | supercritical | 2017 |
Table 3: Unit-level ownership and operator details
| Unit name | Owner | Parent |
|---|---|---|
| Unit 1 | Sembcorp Energy India Ltd [100%] | Tanweer Infrastructure SAOC |
| Unit 2 | Sembcorp Energy India Ltd [100%] | Tanweer Infrastructure SAOC |
Project-level coal details
- Coal source(s): Imported from Indonesia
Financing
Source of financing:
Background
Muthukur Mandal and the Bander power station are together known as the Sembcorp Gayatri Power Complex.[1][2]
Muthukur Mandal power station is a 1320 megawatt (MW) coal plant proposed by Nelcast Energy Corporation Ltd. It was granted environmental clearance in September 2010.[3]
In January 2011, infrastructure company Nagarjuna Construction Co. (NCC) acquired 55% equity in Nelcast Energy Corporation. NCC was trying to set up the Nagarjuna Construction Company Sompeta Thermal Plant, but said it had given up plans for the Sompeta plant and would transfer approvals for it to the plant being built by Nelcast Energy.[4]
Compliance conditions of the EC were approved in 2013.[5] Construction began in 2014.[6] The power station is expected to begin operating by June 2016.[7][8]
The units were synchronized in 2016. Unit 1 is planned for commercial operation in November 2016, and unit 2 in March 2017.[9]
Unit 1 was commissioned in December 2016 and unit 2 in February 2017.[10]
The plant allegedly controls emissions using an electrostatic precipitator followed by bag filter.[3]
Ownership
In February 2014, SembCorp Industries purchased a 45% stake in the Muthukur Mandal Power Station.[11] SembCorp later increased its ownership share to 49%. The remaining 51% is held by NCC Infrastructure, which is jointly owned by Hyderabad-based NCC Limited and Gayatri Projects.[12] Sembcorp also owns a controlling stake in the nearby Bander power station.
In September 2022, Sembcorp Industries agreed to sell the power station to Oman-based Tanweer Infrastructure for INR117bn ($1.46bn). In this connection, Sembcorp Industries’ fully-owned subsidiary Sembcorp Utilities signed a share purchase agreement with Tanweer Infrastructure to sell Sembcorp Energy India (SEIL), which was the holding company for the two power plants. Tanweer Infrastructure would become the lone shareholder of SEIL on completion of the deal. The former was indirectly owned by a consortium led by Oman Investment Corporation in partnership with the Omani Ministry of Defence Pension Fund and Dar Investment SPC.[13]
By November 2022, shareholders in Sembcorp Industries had approved the sale. The deal allowed the Singapore-based company to avoid higher interest payments on its green debt even as it retains liabilities in the polluting assets. It was described as one of the first examples of a green bond issuer effectively changing the premise on which it has been issued, by shifting a high-carbon asset off balance sheet while continuing to finance it.[14]
Articles and Resources
References
- ↑ "Sembcorp launches 2,640MW power project in Nellore," Hindu Business Line, Feb 27, 2016
- ↑ "Sembcorp Utilities in India," Sembcorp, accessed March 2016
- ↑ 3.0 3.1 "Coal Based Thermal Plant by Nelcast Energy Corporation Ltd," Thermal MoEF News, July 13, 2011
- ↑ "Nagarjuna junks Sompeta plan, buys Nelcast stake," Daily News and Analysis, Jan 19, 2011
- ↑ "Projects," NCC Power Projects Limited, accessed August 2014.
- ↑ "Tower Power," Construction World, Sep 2014
- ↑ "Note on project delay," India MoEF, March 4, 2016
- ↑ "Sembcorp launches 2,640MW power project in Nellore," Hindu Business Line, Feb 27, 2016
- ↑ "Monthly Report on Broad Status of Thermal Power Projects in the Country," Government of India Ministry of Power, October 2016
- ↑ "Monthly Report on Broad Status of Thermal Power Projects in the Country," Government of India Ministry of Power, March 2017
- ↑ Acquisition of stake in the 1320MW NCC Power Projects, IJGlobal, Apr. 28, 2015
- ↑ [https://www.business-standard.com/article/companies/sembcorp-launches-2-640-mw-thermal-power-complex-in-andhra-116022700508_1.html Sembcorp launches 2,640 MW thermal power complex in Andhra], Business Standard, Feb. 27, 2016
- ↑ "Sembcorp to sell 2.6GW coal-fired power plants in India for $1.5bn," NS Energy Business, September 6, 2022
- ↑ "Sembcorp coal deal raises concerns about distortions in green bonds," Financial Times, November 8, 2022
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.
