Arkay Energy Combined Cycle Power Plant
Sector: Natural Gas • Location: India
Source: World Bank Group
Arkay Energy Power Project Limited (AEPPL) developed a 60 MW combined cycle power plant on build own and operate (BOO) basis in Valathur village, in the Ramnad district of Tamil Nadu. AEPPL was to sell power to Tamil Nadu State Electricity Board under a ten year power purchase agreement (PPA), that was signed in May 2002.
AEPPL achieved financial closure in January 2004. The total project cost wa
- Status
- Prospective
- Sector
- Natural Gas, Power Generation (CCGT), Government, Commercial
- Location
- India
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Arkay Energy Power Project Limited (AEPPL) developed a 60 MW combined cycle power plant on build own and operate (BOO) basis in Valathur village, in the Ramnad district of Tamil Nadu. AEPPL was to sell power to Tamil Nadu State Electricity Board under a ten year power purchase agreement (PPA), that was signed in May 2002. AEPPL achieved financial closure in January 2004. The total project cost was estimated at Rs 25,400 lakhs (US$ 56.05 million). Power Finance Corporation funded the project through term loans. GEA India was awarded the US$ 30 million engineering, procurement and construction contract for the project. AEPPL signed a ten year gas supply agreement with Gas Authority of India Limited to secure the necessary natural gas fuel to power the plant. The project was expected to begin commercial operation in May 2005. |
Original sector | Energy |
Budget |
Location
Country | India |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Natural Gas, Power Generation (CCGT), Government, Commercial |
Article published date | 2024-10-01 |
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