Insta
Rs 8,000-Crore Second Unit Of Mahan Power Plant Commissioned By Essar In MP
Swarajya Staff
Oct 12, 2018, 10:46 AM | Updated 10:46 AM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Essar Power, the wholly owned subsidiary of Ruia-owned Essar Group, has announced that the second 600 MW unit of Mahan Power Plant in Madhya Pradesh has been completed at a cost of Rs 8,000 crore, reports Economic Times.
The company holds a generation capacity of 3,830 MW, with an additional capacity of 1,260 MW under construction, says Prashant Ruia, Director, Essar Group. With a total investment of Rs 30,000 crore of which Rs 10,000 crore is in equity, they claim to be one of the largest power producers in the country.
However, he said that the project had been severely affected owing to the cancellation of the coal mines and had to double the investment to Rs 3,300 crore to ensure the project was completed.
Essar Power owns and operates plants in India and Canada with a generation capacity of 5,090 MW, of which 3,830 MW is operational. The operating plants are located at Mahan in Madhya Pradesh, Hazira and Salaya in Gujarat, Paradip in Odisha and Algoma in Ontario, Canada. Additional 1,260 MW capacity is under construction at Tori in Jharkhand and Paradip. The firm has also built a 465-km extended transmission network across three Indian states.
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.