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Suryachakra Power Bamboo Flat

Sector: Power Generation (CCGT) • Location: India

Source: World Bank Group

Project
Active

This 20 MW (4x5), diesel-fired power project reached financial closure in August 2000 at a cost of US$142.5 million. Sponsors are Suryachakra Power Corporation, Caterpillar Power Venture, Dr. Manepalli & Associates, and BSES Ltd. Electricity sales will be made to the Andaman & Nicobar administration. The PPA was signed in 1997 at an undisclosed rate.

Srei International Finance will provide a

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

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The project “Suryachakra Power Bamboo Flat” is an infrastructure initiative in the Power Generation (CCGT) sector, located in 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

This 20 MW (4x5), diesel-fired power project reached financial closure in August 2000 at a cost of US$142.5 million. Sponsors are Suryachakra Power Corporation, Caterpillar Power Venture, Dr. Manepalli & Associates, and BSES Ltd. Electricity sales will be made to the Andaman & Nicobar administration. The PPA was signed in 1997 at an undisclosed rate. Srei International Finance will provide approximately $4 million out of the total $9 million debt component, with the State Bank of India (SBI) providing the remaining $5 million. The Manepallis will hold 51% of the equity. Caterpillar and BSES will hold the remaining equity portion at 39% and 10%, respectively.

Original sector

Energy

Budget

Location

Country

India

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Power Generation (CCGT), Commercial, Residential, Government

Article published date

2024-05-30

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