Power
Essar Energy, a first mover among the private-sector players in the Indian power industry, currently has a total installed generation capacity of 3,910 MW.
Essar Energy is one of India's leading private power producers
with a 15-year operating track record. The company's power business
currently has seven operational power plants in India and
one operational power plant in Algoma, Canada, with a total
installed generation capacity of 3,910 MW.
This capacity is increasing to 6,700 MW by the end of March
2014. Essar Energy also has access to approximately 500 mmt of coal
resources across seven coal blocks in India and overseas.
OPERATING
Essar Power - Hazira
(515 MW)
Commissioned in October 1997, the Essar Power-Hazira power plant
is a multi-fuel (naphtha, high-speed diesel, natural gasoline
liquid and/or natural gas) combined-cycle power plant located near
the Essar Steel facility in Hazira, Gujarat.
Essar Steel and GUVNL, the Gujarat State power utility, purchase
215 MW and 300 MW of the power, respectively. They are responsible
for providing the fuel required at the power plant to generate the
power.
Vadinar Power -
Jamnagar (120 MW)
The Vadinar Power power plant, located at the Vadinar refinery
complex, is one of the Vadinar refinery's captive power and steam
co-generation plant. The plant is a 120 MW refinery residue-based
multi-fuel, captive, co-generation plant, with capacity to generate
77 MW of power and 230 tph of steam.
Essar Oil provides the fuel required at the power plant to
generate the power and steam for the power plant's operations.
Bhander Power -
Hazira (500 MW)
The Bhander Power-Hazira plant, located in Hazira, Gujarat, is a
natural gas-fired combined-cycle captive power plant. The plant was
commissioned in 2006 and commenced full commercial operations in
October 2008.
Essar Steel and other Essar Affiliated Companies are responsible
for providing the natural gas required by the Bhander Power-Hazira
plant, and in turn take the power generated pursuant to their PPAs
with Bhander Power
Algoma Power Plant -
Canada (85 MW)
Essar Power (Canada) (formerly Algoma Energy LLP) owns and
operates the Algoma Power Plant in Ontario, Canada. This 85 MW
co-generation plant was commissioned on June 13, 2009. The plant's
facilities include two 375,000 pound/hour boilers and a 105 MW
turbine. The power plant converts waste gases from Essar Steel,
Algoma, in to electricity and steam for the steelworks. 63 MW of
the power produced is sold to the Ontario Power Authority pursuant
to a 20 year power purchase agreement which expires in 2029.
Vadinar P1- Gujarat
(380 MW)
The Vadinar P1 power plant, located at the Vadinar refinery
complex, is the Vadinar refinery's second captive power plant. This
plant is a 380 MW natural gas-fired combined- cycle plant. This
plant was the first to be commissioned since the
Company's IPO in May 2010.
Essar Oil provides the fuel required at the power plant to
generate the power and steam for the power plant's operations.
Salaya I - Gujarat (1,200
MW)
The Salaya I power plant, located near Essar Oil's refinery
complex at Vadinar, Jamnagar district, Gujarat, is an imported
coal-fueled thermal power plant with two 600-MW generation units.
Salaya I Unit 1 (600 MW) starts commercial operations from
April 2012.
Coal for the plant will be extracted from Essar Energy's captive
coal mine in Indonesia.
Vadinar P2 - Gujarat
(510 MW)
Vadinar P2 power plant consists of a multi-fuel (coal, naphtha,
light cycle oil, clarified slurry oil and furnace oil)
co-generation power plant with 325 MW of power capacity and 900
tons per hour (tph) of steam capacity. Steam from the facility will
be provided to Essar Oil's Vadinar refinery and power supplied to
Essar Oil, Essar Steel and the merchant market.
Fuel for Vadinar P2 will be provided by Essar Oil and Essar
Steel in line with their purchase requirements.
Mahan I - Madhya Pradesh
(Unit I - 600 MW)
The Mahan I power plant is a 1,200 MW (2x600 MW) captive
coal-fired pit-head power plant located in Singrauli district,
Madhya Pradesh. Mahan I Unit I synchronised and began commercial
operations in December 2012.
Coal for the plant will be supplied from the Mahan captive coal
block located approximately 5 km from the power plant site.
UNDER CONSTRUCTION
Mahan I - Madhya
Pradesh (Unit II - 600 MW)
The Mahan I Unit II is a part of Mahan I power plant which is a
1,200 MW (2x600 MW) captive coal-fired pit-head power plant located
in Singrauli district, Madhya Pradesh. Mahan I Unit II is expected
to be commissioned by Q2 FY14.
Coal for the plant will be supplied from the Mahan captive coal
block.
Hazira II - Gujarat (270
MW)
The Hazira II power plant, located at Hazira, Gujarat, will be
fueled predominantly by imported coal and corex gas and fines from
the adjacent Essar Steel corex plant and comprises two generation
units of 135-MW capacity.
Power from the plant will be supplied back to Essar Steel.
Paradip - Orissa (120
MW)
The Paradip power plant will be a coal-fired power plant
comprising four generation units of 30 MW each located in Paradip,
Orissa. Paradip is a well-equipped and serviced port, an advantage
for the supply of imported coal.
Power from the plant will be supplied to Essar Steel.
Tori I - Jharkhand (1,200
MW)
The Tori I power plant will be a captive pit-head coal-fired
power plant, comprising two generation units of 600 MW capacity
each, located in Latehar district, Jharkhand.
Fuel for the project will be sourced from the Chakla and Ashok
Karkata captive coal blocks owned by the company. These blocks are
currently under development and proceeding through their respective
clearance processes.
Tori II - Jharkhand (600
MW)
The Tori II power plant is a 600 MW expansion of the Tori I
power project. Essar Power Jharkhand has acquired the land for the
project and the single boiler, turbine, generator unit.
The Company expects to fuel the expansion project from the coal
mines already allocated to it at Chakla and Ashok
Karkata.
COAL RESERVES
Mahan Coal Block
The Mahan coal block is located in Singrauli district in Madhya
Pradesh. It has an estimated reserve of 125 mt and is operated by
Mahan Coal Ltd which is a 50:50 joint venture between Essar Power
and Hindalco. The offtake ratio between Essar Power and Hindalco is
in the ratio of 60:40. The mine has an approved annual production
of 8.5 mt. The coal extracted from this mine will be used by the
Mahan 1 power plant.
Amelia Coal Mine
In September 2011, the Company secured a second coal
source for the Mahan I project when it was allocated a share of the
coal from the Amelia Coal block by the Madhya Pradesh state
government. Essar Power and another company were jointly allocated
20% of the coal from Amelia which will be operated by the Madhya
Pradesh State Mining Corporation. Amelia is estimated to have
around 287 million tonnes of coal reserves, according to the
Ministry of Coal. The Amelia block is in the approvals stage.
Chakla Coal Block
The Chakla Coal Block is located in Jharkhand and has an
estimate reserve of 71mt. The coal from this mine will be used in
the Tori I and Tori II power plants. Essar Power has a 100%
allocation of this coal block. This mine is still in the approvals
stage.
Ashok Karkata Coal Block
The Chakla Coal Block is located in Jharkhand and has an
estimate reserve of 100 mt. The coal from this mine will be used in
the Tori I and Tori II power plants. Essar Power has a 100%
allocation of this coal block. This mine is still in the approvals
stage.
Rampia Coal Block
The Rampia Coal Block is located in Orissa and Essar Power's
share of this block has an estimate reserve of 112 mt. The coal
from this mine will be used in the Navabharat power plant. This
mine is still in the approvals stage.
Aries Coal Mine
The Aries Coal Mine is situated in Indonesia. It was acquired in
April 2010 for US$ 118 Mn. It is a JORC resource with a 2P reserves
of 64 mt with a potential production of 4 million tonnes per annum.
This mine is currently under development and has received 'in
principal' Panjam Pakai forest approval. The coal extracted from
this mine will be used in Salaya I power plant.
Mozambique Coal Mine
The Mozambique coal mine is located in the Tete district in
Mozambique. It has an estimated mineable reserves of 35 mt.
This mine is under development. The coal extracted from this
mine will be used in the Salaya I power plant.