Suryachakra Power Bamboo Flat
Sector: Power Generation (CCGT) • Location: Andaman and Nicobar Islands, India
Source: World Bank Group
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
- Andaman and Nicobar Islands, India
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
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 |
State | Andaman and Nicobar Islands |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Power Generation (CCGT), Commercial, Residential, Government |
Article published date | 2024-05-28 |
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