Essar Power to invest $8 billion in thermal power projects

• 12 years ago (2011-10-07)
• David Flin

Africa 303 Asia 851 Australasia 51 Biomass 8 Climate change 20 Coal 278 Cogeneration 1 Concentrating solar 5 Cyber security 8 Decarbonisation 1 Decentralised energy 5 Demand side management 2 Demand side response 2 Digitalisation 10 Distributed energy 10 Distribution 109 Electric vehicles EVs 4 Emissions 60 Energy management 1 Equipment 2 Europe 1061 Gas 373 Gas engine plant 60 Gas fuel 1 Horizon 2 Hydroelectric 17 Hydrogen 53 Hydropower 112 Latin America 77 Maintenance 3 Marine 1 Metering 2 microgrid 5 Middle East 312 North America 999 Nuclear 640 Offshore wind 119 Oil 17 Operations 4 Policy 8 Regulations 3 Renewables 753 smart grid 2 Solar 246 Storage 37 substation 8 Tepco 2 Tidal 2 Toshiba 4 Transmission 181 US Senate Washington 4 Wind 239

---

Essar Power has announced that it intends to invest $8 billion over the next three years constructing 8000 MW of thermal power projects in India. The company said in a statement: “For an increase of 8000 MW power capacity, Essar Power plans to invest $8 billion by 2014. All the investment has been tied-up.”

The company currently operates five captive power projects with a combined capacity of 1600 MW for providing electricity to its steel plants and oil refinery, and is in the process of building 6900 MW of coal-fired plants around India. These include:

• A 2520 MW imported coal-based project at Salaya.
• A 510 MW plant at Vadinar.
• A 270 MW plant in Gujarat.
• A 1800 MW domestic coal-based project at Mahan in Madhya Pradesh.
• A 1800 MW plant at Tori in Jharkhand.

Essar Power said that it is also exploring new opportunities in conventional and renewable power generation “globally”.