Thoothukudi IBTPL power station
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Thoothukudi IBTPL power station is a power station in Swarminathan and Ottapidaram, Ottapidaram, Thoothukudi, Tamil Nadu, India with multiple units of varying statuses, none of which are currently operating. It is also known as Tuticorin TPP-II.
Location
Table 1: Project-level location details
| Plant name | Location | Coordinates (WGS 84) |
|---|---|---|
| Thoothukudi IBTPL power station | Swarminathan and Ottapidaram, Ottapidaram, Thoothukudi, Tamil Nadu, India | 8.882745, 78.053583 (exact) |
The map below shows the exact location of the power station.
Unit-level coordinates (WGS 84):
- Unit 1, Unit 2, Unit 3: 8.882745, 78.053583
Project Details
Table 2: Unit-level details
| Unit name | Status | Fuel(s) | Capacity (MW) | Technology | Start year |
|---|---|---|---|---|---|
| Unit 1 | mothballed[1] | coal: unknown | 150 | CFB | 2013 |
| Unit 2 | mothballed[1] | coal: unknown | 150 | CFB | 2013 |
| Unit 3 | cancelled | coal: unknown | 150 | CFB | – |
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: US$135,030,142 in term loans; US$39,297,627 in equity from Ind-Barath Power
Background
The power station is not to be confused with the Thoothukudi IBPGL power station (Ind-Barath Power Gencom Limited).[2]
The project was sponsored by Ind-Barath Power Gencom Limited (IBPGL), a subsidiary of Ind-Barath Power and was a replacement for the Hanakon Thermal Power Project, which was cancelled following local opposition.[3]
The first unit of 150 MW was completed in February 2013 and the second unit of 150 MW was completed in December 2013.[3][4]
A third 150 MW unit was listed as under construction in a 2013 investor presentation,[5] and planned for completion in July 2015.[6] It is included in a list of projects under implementation on the Ind-Barath website.[7] However, it was not listed in an April 2015 list of India plants under construction,[8] nor a March 2016 list.[9]
As of October 2016, the third unit continued to be mentioned by Ind-Barath as "under implementation," but there was no evidence that company had actually pursued permits. It appeared to have been abandoned.[10]
Insolvency and bankruptcy auction
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.[11]
In July 2023, Ind-Barath Thermal Power Limited posted an announcement for the E-auction of the thermal power station, which was to take place in August 2023. According to the announcement, the NCLT had ordered the liquidation process in March 2023. The document noted that the power station had not been operating for the past "six-seven years," presumably since 2016 or 2017.[12] Limited details of the corporate insolvency process and liquidation auction are available on the Ind-Barath Thermal Power Limited website.
Financing for Phase I (units 1 and 2)
Ind-Barath Power reported that phase I was financed through US$135,030,142 in term loans and US$39,297,627 in equity.[13]
Approvals received and applied for
The 2010 Red Herring provides the following information on the project.[3]
Approvals received
- Approval dated January 29, 2010 from the Government of India, Ministry of Coal, for 30% of 300 MW i.e. 90 MW (capacity of units 2x150 MW each) in accordance with the New Coal Distribution Policy.
- No-objection letter dated March 12, 2010 from the Samynattham Village Panchayat for the setting up of a 450 MW coal based power plant at Swaminathan and Ottapidaram Villages, Ottapidaram Taluk, Tuticorin District, Tamil Nadu.
Approvals applied for
- Letter dated April 28, 2010 to the District Forest Officer, Thoothukkudi Division, seeking a no-objection certificate for the construction of 3x150 MW coal based power plant at Swaminathan and Ottapidaram Villages, Ottapidaram Taluk, Tuticorin District and stating that no forest land is involved at the proposed project site.
- Letter dated April 29, 2010 to the Secretary, Revenue Department, requesting for necessary permission under the Tamil Nadu Land Reforms Act, 1961.
- Application dated October 22, 2009 made to the State Environmental Impact Assessment Authority of Tamil Nadu for environmental clearance. The public hearing in this regard happened on April 09, 2010.
- Letter dated May 06, 2010 to the Regional Executive Director, Airports Authority of India, Southern Region, seeking a no-objection certificate to establish a 3x150 MW coal based power plant at Swaminathan and Ottapidaram Villages, Ottapidaram Taluk, Tuticorin District.
Articles and Resources
References
- ↑ 1.0 1.1 (PDF) https://web.archive.org/web/20240206235923/https://ibtpl.in/pdf/E-%20Auction%20Process%20Document-Ind-Barath%20Thermal%20Power%20Limited.pdf. Archived from the original (PDF) on 06 February 2024.
{{cite web}}: Check date values in:|archive-date=(help); Missing or empty|title=(help) - ↑ "IBPIL," Plants in Operation, accessed January 2022
- ↑ 3.0 3.1 3.2 "Ind-Barath Power Infra Limited," Draft Red Herring, June 21, 2010, p. 97-99, 163-165, 435
- ↑ Monthly Report on Broad Status of Thermal Power Projects in the Country, Central Electricity Authority, December 2013
- ↑ "Ind-Barath Group," investor demonstration, accessed October 2013
- ↑ "Ind-Barath Thermal Power Ltd," Ind-Barath Power Infra Limited corporate presentation slide #13, accessed August 2014
- ↑ "Projects under implementation," Ind-Barath Thermal Power website, accessed April 2015
- ↑ Broad Status Report, India Central Electrical Authority, April 2015
- ↑ "Monthly Report on Broad Status of Thermal Power Projects in the Country," Government of India Ministry of Power, March 2016
- ↑ "Thermal Power Plants," Ind-Barath website, accessed October 2016
- ↑ "Adani, Jindal Power Cos in Race to Buy Ind-Barath Thermal," Economic Times, June 22, 2022
- ↑ E-AUCTION PROCESS INFORMATION DOCUMENT, Ind-Barath Thermal Power Limited, July 19, 2023
- ↑ "IBPIL - Corporate Presentation". www.ibpil.com. Retrieved 2020-10-29.
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.
