Companies

Essar Power to invest ₹30,000 crore for capacity expansion

Virendra Pandit Jamnagar | Updated on January 16, 2018 Published on October 05, 2016


Essar Power Ltd’s combined operational capacity is set to increase from 4,590 MW to 6,100 MW by 2020 at its various power generation plants where expansion is in progress. The company is investing nearly ₹30,000 crore on this expansion, KVB Reddy, Chief Executive Officer, said here.

Also, Essar Power Gujarat Ltd (EPGL), a subsidiary of the holding company EPL, is contemplating to increase its capacity from the existing 1,200 MW at the imported coal-fired Salaya thermal power plant in Devbhumi Dwarka district near Jamnagar, to 2,520 MW at an additional investment of ₹7,000 crore in the near future, depending upon “conducive policies and atmosphere”, said Ramesh Kumar, Managing Director, EPGL. This expansion will be based on super-critical technology.

However, Kumar said that EPGL’s expansion was still at the “drawing board stage”, and gave no timeline for this expansion. EPGL caters to 9 per cent of the demand in Gujarat.

Out of its total generation capacity of 6,100 MW, 3,105 MW will be coal-based and 1,600 MW gas-based. The operating plants are at Mahan (MP), Hazira, Salaya and Vadinar (all in Gujarat). A 1,200-MW pit-head plant at Tori in Jharkhand is also under development. EPL also operates an 85 MW power plant in Canada.

Published on October 05, 2016
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