Surana Power Limited [SPL] - 2 x 210 MW Coal Based Thermal Power Plant

under implementation

Economic/Social Impact of the Project Surana Power Limited, a subsidiary of Surana Industries Limited, is establishing a coal based thermal power plant of 2 x 210 MW Capacity at Raichur, Karnataka. The project is under construction phase and an overall progress of 55percentage is achieved so far. However, due to certain constraints in fund flow, the project construction activities have been significantly retarded for the past about Nine [9] months. The project is funded by Consortium of Banks led by IDBI Bank Limited with an original capital cost of Rs. 2400 Crores with an original COD of End April 2013. However, on account of unfavorable market conditions, especially in the Power Sector, combined with delay in implementation on account of irregular fund flow, the COD has been extended upto End December 2014/ First Quarter 2015. Due to the extension of COD, the total capital outlay of the project increased to Rs.2900 Crore [Revised project cost as appraised by Institutions recently]. The commercial operation date of the project is planned by End December 2014/First Quarter 2015. The suppliers/ contractors and vendors executing the project are of repute and renowned in the country. The main equipment supplier is BHEL and the balance of plant [BoP] as well as offsite facilities are being executed by various reputed Indian Suppliers and Contractors such as Alstom, Paharpur, McNally Bharat, Macawber, ABB, Gannon Dunkerley& Co Ltd, etc. The Owners Engineer is Tata Consulting Engineers Ltd. [TCE], Bangalore. Following major clearances obtained for the project. •?148 Acres of Land acquired through Karnataka Industrial Area Development Board [KIADB] •?Environmental Clearance from Ministry of Environment and Forest [MoEF] •?Consent For Establishment [CFE] from Karnataka State Pollution Control Board [KSPCB] •?NOC from Airport Authority of India [AAI] for Chimney Construction •?Factory clearance from Joint Directorate of Factories & Boilers •?Agreement with Krishna Bhagya Jala Nigam Limited [KBJNL] for Water Drawl [Krishna River] and construction of pumphouse •?Rail Transport Clearance [RTC] from South Central Railways •?Interconnectivity agreement with PGCIL to evacuate power to PGCIL’s New Raichur Substation [765/ 400kV] •?Approval under the Section-68 of Electricity Act 2003 from Ministry of Power for installation of dedicated transmission line •?PTCC Clearance for Transmission Line •?PPA with PTC for Sale of 40percentage Power •?Coal Supply Agreement with Surana Mines & Minerals Limited [SMML] owning mines in Indonesia for supply of Imported Indonesian Coal. Update as of 01.05.2020- Order has not been placed so far. No response from Project Developer