Essar Power Ltd (EPoL), part of the $27 billion Essar Group, today announced it has commissioned a 60 MW unit comprising the first phase of its 120 Megawatt Paradip power plant. The company’s total installed capacity now stands at 4,705 MW.
The 120 Mw imported coal-based power project at Paradip in Odisha, is developed by Essar Power Orissa Limited which is a subsidiary of EPoL. This has been set up as a captive power plant to meet the requirements of Essar Steel India’s 12 million tonne pellet plant in Odisha. The facility comprises a pellet plant at Paradip and a beneficiation plant at Dabuna, which are connected through a 253-km slurry pipeline.
“Our focus is on completing all our under construction projects in the quickest possible time and achieve our stated target of operationalising 6,100 MW so that we can fully leverage on efficiencies of scale. With that goal in mind, the completion of Phase I of the Paradip project is an important milestone that we are delighted to reach,” KVB Reddy, Chief Executive at EPoL, said.
The company claims the project uses technology that cuts down emissions. The boiler is designed to use both domestic as well as imported coal. With the commissioning of the second unit, Essar Steel will be able to further reduce its power bill and enhance its competitive edge, the company said in a statement.
Essar Power Ltd is among the largest private sector power producers. It owns power plants in India and Canada with a total generation capacity of 6,100 Mw. Of this, 4,705 Mw is operational. Of the total operational capacity, 3,105 Mw is coal-based while 1,600 Mw is gas-based. The operating plants in India are at Mahan, Hazira, Salaya, Vadinar and Paradip. Also, a 1,200 Mw plant at Tori in Jharkhand is under development. Dion Lewis Womens JerseyShare This