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Middle and Lower Kolab Hydro Electric Project

Sector: Hydro • Location: India

Source: World Bank Group

Project
Active

The 37 MW Middle and Lower Kolab Hydro Electric Project in Orissa state was developed by an independent power producer, Meenakshi Power Ltd., on a build-own-operate (BOO) basis. The project consisted of 25 MW Middle Kolab hydro electric project and 12 MW Lower Kolab hydro electric project.

In January 2004, Meenakshi Power Ltd. entered into a power purchase agreement (PPA) with PTC India Limited,

Status
Prospective
Sector
Hydro, Power Generation (CCGT), Government, Commercial
Location
India
Updated
22 Jul 2026
Source
World Bank Group

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The project “Middle and Lower Kolab Hydro Electric Project” is an infrastructure initiative in the Hydro sector, located in India. Taiyo aggregates data on it from World Bank Group.

Participants

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Company

Status

Original status

active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The 37 MW Middle and Lower Kolab Hydro Electric Project in Orissa state was developed by an independent power producer, Meenakshi Power Ltd., on a build-own-operate (BOO) basis. The project consisted of 25 MW Middle Kolab hydro electric project and 12 MW Lower Kolab hydro electric project. In January 2004, Meenakshi Power Ltd. entered into a power purchase agreement (PPA) with PTC India Limited, a power trading firm. The term of the PPA is 30 years from the date of commissioning. The project reached financial closure in 2005. There was no public information on the cost of the project. Construction work began in 2005 and the project was scheduled for commissioning in 2007. July 2012: total investment was ESTIMATED at 37MW x 0.9 million per mw (average for SA), $33.3 million.

Original sector

Energy

Budget

Location

Country

India

Source

Source

World Bank Group

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More Details

Record type

Project

Sector

Hydro, Power Generation (CCGT), Government, Commercial

Article published date

2024-10-01

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