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Samalpatti Power Co.

Sector: Commercial • Location: Tamil Nadu, India

Source: World Bank Group

Project
Active

The Samalpatti Power Co. was awarded the project to build, own and operate a 106-MW oil fueled power plant in the state of Tamil Nadu. The company is a joint-venture of Ogden Corp. (49%), Shapoorji Pallonji Group (40%) and Wartsila (11%). Ogden Corp., besides being the major shareholder, is also the O&M contractor for the project. Wartsila, in turn, is the EPC contractor.

Financial closure for

Status
Prospective
Sector
Commercial, Oil and Gas, Power Generation (CCGT), Government
Location
Tamil Nadu, India
Updated
22 Jul 2026
Source
World Bank Group

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The project “Samalpatti Power Co.” is an infrastructure initiative in the Commercial sector, located in Tamil Nadu, India. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The Samalpatti Power Co. was awarded the project to build, own and operate a 106-MW oil fueled power plant in the state of Tamil Nadu. The company is a joint-venture of Ogden Corp. (49%), Shapoorji Pallonji Group (40%) and Wartsila (11%). Ogden Corp., besides being the major shareholder, is also the O&M contractor for the project. Wartsila, in turn, is the EPC contractor. Financial closure for the US$102.2 million project was achieved in Jan. 2000. Six banks and financial institutions participated in the debt financing portion of the cost (US$72.33 million), which was signed in the end of Jan. 2001. There is no foreign debt component and the remainder of the cost will be financed through equity. Construction works started in Feb. 2000 and commercial operation began in first quarter 2001.

Original sector

Energy

Budget

Location

Country

India

State

Tamil Nadu

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Commercial, Oil and Gas, Power Generation (CCGT), Government

Article published date

2024-05-17

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