PPN Power Generating Company
Sector: Natural Gas • Location: India
Source: World Bank Group
PPN Power Generating Company was established to build and operate a 330-MW naphtha and gas power plant in Pillaiperumalnallur, Tamil Nadu. PPN Power Generating Company was promoted by local partner Apollo Infrastructure Projects Finance Company, which held a 28 percent equity stake. The project’s other equity partners were Marubeni, the equipment supplier (26 percent), El Paso Energy (26 percent)
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | PPN Power Generating Company was established to build and operate a 330-MW naphtha and gas power plant in Pillaiperumalnallur, Tamil Nadu. PPN Power Generating Company was promoted by local partner Apollo Infrastructure Projects Finance Company, which held a 28 percent equity stake. The project’s other equity partners were Marubeni, the equipment supplier (26 percent), El Paso Energy (26 percent) and PSEG Global Inc(20 percent). In the first quarter of 2005, Apollo Infrastructure Projects Finance Company increased its stake in PPN to 54% after it purchased El Paso Energy's 26% shareholding. The project, whose total cost was US$328 million, reached financial closure in the fourth quarter of 1998. The company commenced commercial operations in April 2001 and will sell its electricity output to Tamil Nadu State Electricity Board under a 20 year purchasing power agreement.. The project was the first in the Tamil Nadu State with escrow coverage that back stop payments by the board. None None |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |