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Samal Hydro Electric Project

Sector: Hydro • Location: India

Source: World Bank Group

Project
Active

In 2001, Orissa Power Consortium Ltd. (OPCL), an independent power producer, entered into a memorandum of understanding with the Government of Orissa to develop the Samal Hydro Electric Project on Brahmani River in Angul district (Orissa state) on a build-own-operate (BOO) basis. The hydro electric project had a potential generating capacity of 18 MW from two units of 9 MW each. OPCL was majority

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

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active

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Description

Description

In 2001, Orissa Power Consortium Ltd. (OPCL), an independent power producer, entered into a memorandum of understanding with the Government of Orissa to develop the Samal Hydro Electric Project on Brahmani River in Angul district (Orissa state) on a build-own-operate (BOO) basis. The hydro electric project had a potential generating capacity of 18 MW from two units of 9 MW each. OPCL was majority owned (72.11 %) by VBC Group of India. The total cost of the project was estimated at US$ 24.69 million. The project reached financial closure in 2005 with a debt equity ratio of 70:30. In August 2004, OPCL entered into a power purchase agreement (PPA) with PTC India Limited, a power trading firm, for a period of 30 years from the date of commissioning. Construction work began in 2005 and the project was scheduled for commissioning in 2007.

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Source reliability

High

Data quality score

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Source

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URL

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