Goindwal Sahib Thermal Power Plant

The Goindwal Sahib power station is a 540 megawatt (MW) coal-fired power station under construction near Tarn Taran, in Punjab state, India.

Location
The aerial photograph below shows construction activity near Tarn Tarn, in Punjab.

Background
On its website GVK states that the project is a 600 megawatt project while in a February 2011 investor presentation it describes the project as a 540 megawatt plant comprising two 270 generating units. The Central Electricity Authority describes it as a 540 MW project.

GVK, which owns the plant, has lobbied for the the Punjab government to approve the expansion of the project by an additional 1,320 megawatts.

In its 2010-2011 annual report GVK stated that "during February 2011 your Company has executed a Memorandum of Understanding (MOU) with the Punjab State Power Corporation Limited for implementation of 1320 MW Power Project (Phase-II), in the State of Punjab. For this purpose GVK Power (Khadur Sahib) Private Limited, a SPV has been incorporated as a step down subsidiary through GVK Energy Limited to implement the Coal based thermal power project with super-critical technology, proposed to be developed in the additional land at the existing Goindwal Sahib site in Tarn Taran District, Punjab."

Coal supply
GVK states on its website that coal for the project will be sourced from "the company’s own coal mines at Tokisud and Seregarha, Jharkand." GVK has established another subsidiary, GVK Coal (Tokisud) Company Private Limited, to develop the Tokisud coal mine in Hazaribagh district in Jharkhand.

On its website GVK states this plant will be supplied with coal from the "Tokisud and Sereghara mine blocks have mine-able reserves of 52 million tonnes and 100 million tonnes respectively." The company states that the "Tokisud Open Cast mining block, located 50 kms north-west of Ranchi City in the State of Jharkhand, is being developed into a captive coal mine." Elsewhere on its website the company states that GVK Power (Goindwal Sahib) Limited is "developing a 600 MW coal based Thermal Power Plant at Goindwal Sahib, in Punjab. The Company has initialed the draft Power Purchase Agreement with Punjab State Electricity Board ("PSEB") in December 2006." GVK has stated that the power purchase agreement runs for 25 years.

In a February 2011 investor presentation GVK states that it has entered into a "Coal Transportation Agreement" with Indian Railways to transport coal to the plant. GVK stated that 2 million tonnes of coal a year would be supplied from the Tokisud coal mine and 1 million tonnes a year from the Seregarha coal mine.

Project Details
Sponsor: GVK Location: Tarn Taran, in Punjab state, India Coordinates: 31.3841396, 75.1465032 Status: Construction Nameplate capacity: 540 MW, plus possible 1,320 MW Type: Projected in service:2013 Coal Type: Coal Source: GVK's Tokisud coal mine at Hazaribagh, Jharkand and from the Arcelor-Mittal/GVK Seregarha coal mine at Latehar, Jharkand, India Estimated annual CO2: Source of financing:

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