600 MW Power Plant, Raigarh, Chhattisgarh
We are implementing a 2 x 300 MW coal-based thermal power plant at Nawapara Village in the Raigarh district, Chhattisgarh. The project is owned by TRN Energy Private Limited, a subsidiary of ACB (India) Limited. ACB holds 74% stake in TRN Energy. The proposed commissioning date of the first unit is March 2015 and the second unit is September 2015.
The total land requirement for project is approximately 548 acres out of which about 521 acres land is acquired which is adequate for the main island of the project. We are currently in the process of acquisition of the remaining land.
The primary fuel for the Raigarh Power Project will be coal. TRN Energy has entered into long term fuel supply agreement with SECL for supply of 2.60 MTPA of raw coal. The raw coal will be transported by road from the mine to the project site, as the mine is at a distance of approximately 10 kilometers from the project site.
We have been granted the allocation of 19 million cubic meters per annum of water from the river Kurket on December 3, 2009 by the Water Resources Department, Raipur. The river Kurket is at a distance of approximately 4 kilometers from the site of the Raigarh Power Project. We intend to transport the water to the project site by a water pumping station and a pipeline network.
We have entered into a power purchase agreement with Chhattisgarh State Power Trading Company Limited for sale of 5% of the net power generated at variable cost. In addition, we have entered into Power Purchase Agreement with Discoms of UP State for sale 250 MW through PTC India Limited. We also expect approximately 9% of the power generated to be lost through auxiliary consumption and transformation losses. We have been granted long-term open access by Power Grid Corporation through their Tamnar Pooling Station and entered into a bulk power transmission agreement with Power Grid Corporation.