Thoothukudi IBPGL power station
Part of the Global Coal Plant Tracker, a Global Energy Monitor project. |
Related coal trackers: |
Thoothukudi IBPGL power station is a mothballed power station in Pudurpandiapuram, Ottapidaram, Thoothukudi, Tamil Nadu, India.
Location
Table 1: Project-level location details
Plant name | Location | Coordinates (WGS 84) |
---|---|---|
Thoothukudi IBPGL power station | Pudurpandiapuram, Ottapidaram, Thoothukudi, Tamil Nadu, India | 8.864947, 78.106989 (exact) |
The map below shows the exact location of the power station.
Unit-level coordinates (WGS 84):
- Unit 1, Unit 2, Unit 3: 8.864947, 78.106989
Project Details
Table 2: Unit-level details
Unit name | Status | Fuel(s) | Capacity (MW) | Technology | Start year |
---|---|---|---|---|---|
Unit 1 | mothballed | coal: unknown | 63 | subcritical | 2010 |
Unit 2 | mothballed | coal: unknown | 63 | subcritical | 2010 |
Unit 3 | mothballed | coal: unknown | 63 | subcritical | 2010 |
Table 3: Unit-level ownership and operator details
Unit name | Owner | Parent |
---|---|---|
Unit 1 | Ind-Barath Energy (Utkal) Ltd [100%] | JSW Energy Ltd [95.0%]; other [5.0%] |
Unit 2 | Ind-Barath Energy (Utkal) Ltd [100%] | JSW Energy Ltd [95.0%]; other [5.0%] |
Unit 3 | Ind-Barath Energy (Utkal) Ltd [100%] | JSW Energy Ltd [95.0%]; other [5.0%] |
Project-level coal details
- Coal source(s): Indonesia
Financing
Source of financing:
Background
The power station is not to be confused with the Thoothukudi IBTPL power station (Ind-Barath Thermal Power Limited).[1]
The power station (2 x 63 MW) was commissioned in February 2010. The project is sponsored by Ind-Barath Power Gencom Limited (IBPGL), a subsidiary of Ind-Barath Infra Group. A third unit of 63 MW was added in July 2010.[2][3]
Liquidation
According to a January 2022 liquidation proceeding document, "[d]ue to challenges in fuel supply (low power off-take), surmounting receivables from TANGEDCO (due to financial stress faced by it) and subsequent cancellation of PPA, IBPGL stopped operations of the plant in June 2017." IBPGL was a subsidiary of Ind-Barath Power Infra Limited (IBPIL), the flagship company of the Ind-Barath Group. IBPIL owned 70.69% shares in the company while 29.26% shares were held by Group Captive Consumers and 0.05% shares by by promoter group.[4]
Related documents were available on the company's liquidation website.
In June 2022, Adani and Jindal Power (JPL) were reportedly in the race to acquire Ind-Barath Thermal Power in a bankruptcy auction. Interest in distressed power companies recently increased due to a shortage of power supply and the government nudge to state-owned banks to finance them.[5]
Articles and Resources
References
- ↑ "IBPIL," Plants in Operation, accessed January 2022
- ↑ "Ind-Barath Power Infra Limited," Draft Red Herring, June 21, 2010, p. 176, 234, 428
- ↑ "Ind-Barath Power Gencom Ltd." Ind-Barath Infra Group presentation, slide 15, accessed August 2014
- ↑ "Invitation for Bids for sale of Ind-Barath Power Gencom Limited (In Liquidation)," Issued by Rajesh Chillale, Liquidator, January 20, 2022
- ↑ "Adani, Jindal Power Cos in Race to Buy Ind-Barath Thermal," Economic Times, June 22, 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.