Lok Sabha Question No. 1293 (UNSTARRED), answered on 2017-02-09
Subject: Stressed Power Projects
Ministry: POWER
Asked by: SANJAY SHAMRAO DHOTRE, SATYA PAL SINGH

## GOVERNMENT OF INDIA

## MINISTRY OF POWER

## LOK SABHA UNSTARRED QUESTION NO.1293 TO BE ANSWERED ON 09.02.2017

## STRESSED POWER PROJECTS

1293.  SHRI SANJAY DHOTRE: DR. SATYAPAL SINGH:

Will the Minister of POWER be pleased to state:

- (a) whether  the  Government  has  identified  stressed  power  projects  of  various public and private sector companies in the country;
- (b) if  so,  the  details  thereof,  as  on  date,  along  with  the  amount  stuck  in  these projects, as on date, State/UT-wise, Company-wise;
- (c) the  details  of  such  projects  acquired  by  the  other  public  and  private  sector companies during each of the last three years and the current year, Company-wise and Project-wise;
- (d) whether  the  Government  has  asked  banks  and  cash  rich  public  sector companies  to  float  're-construction  fund'  to  buy  stakes  in  such  stressed  power projects in the country;
- (e) if  so,  the  details  thereof  along  with  the  response  of  these  Banks/Companies thereto; and
- (f) the other steps taken/being taken by the Government to expedite completion of such stressed power projects?

## A N S W E R

THE MINISTER OF STATE (INDEPENDENT CHARGE) FOR POWER, COAL, NEW & RENEWABLE ENERGY AND MINES

( SHRI  PIYUSH GOYAL )

(a) & (b) : As many as 17 under construction thermal power projects, aggregating to a capacity of 18420 MW stalled due to financial issues, State/UT-wise, companywise  and  Project/Capacity-wise  along  with  the  cost  and  amount  spent  on  these power projects are given at Annexure-I.

The  details  of  the  17  stressed  gas  based  power  projects  due  to  various reasons, aggregating to a capacity of 11154.38 MW are given at Annexure-II.

The  details  of  20  stressed  Hydro  Electric  Projects  aggregating  to  a capacity of 6329 MW due to financial issues indicating State, Capacity, Expenditure till date, reasons for stuck up is enclosed at Annexure-III.

- (c) : During the last 3 years & the current year, one stalled hydro project viz. Teesta-III HEP (6x200=1200 MW) in Sikkim by M/s. Teesta Urja Limited (TUL), which was  earlier  being  executed  in  private  sector,  was  acquired  by  Sikkim  Govt.  in August, 2015 by increasing its shareholding in TUL from 26% to 51%.  Work was restarted in October, 2015 and, presently, 5 units of the project have been commissioned and balance units are scheduled for commissioning by March, 2017.

..........2.

Also, Power Finance Corporation (PFC) Ltd. as a Lead Financial Investor (FI)  along  with  six  lenders  in  the  consortium  viz.,  Rural  Electrification  Corporation Limited (REC), Housing & Urban Development Corporation Limited (HUDCO), National Insurance Corporation Limited (NIC), Dena Bank, IFCI Ltd and Edelweiss ARC have acquired  majority  equity  of  51%  of  shares  of  Shree  Maheshwar  Hydel  Power Corporation Ltd. w.e.f June 01, 2016, through partial invocation of pledged shares as well as partial conversion of PFC's sub-debt into equity.

(d) & (e) : Yes, Madam. Government of India, on 28.06.2016, has asked PFC Ltd. and REC Ltd. to explore the possibility for creation of Stressed Assets Equity Fund and Stressed Assets Lending Fund.

- (f) : The  following  steps  have  been  taken  by  the  Government  to  expedite completion of such stressed power projects:
- I. After the cancellation of 204 coal blocks, Government of India formulated a transparent policy for reallocation of cancelled coal mines in a fair and transparent  method.  Government  ensured  re-allocation of 49 blocks supporting  capacity  of  about  50,000  MW  through  auction/allotment  till date.
- II. Government of India has started a separate e-auction window for supply of coal to power sector. This window is helping power plants which do not have coal linkages or are not able to draw coal due to non-availability of PPA, to get fuel.
- III. Government of India notified policy guidelines for grant of Bridge Linkage to specified end use plants of Central and State Public Sector Undertakings which have been allotted coal mines/blocks. All applications of  Central  and  State  Public  Sector  Undertakings  for  allotment  of  bridge linkage as per policy have been considered.
- IV. Project Monitoring Group (PMG) under Prime Minister's Office (PMO) is an institutional  mechanism  for  resolving  a  variety  of  issues  with  a  view  to fast track the approvals for setting up and commissioning of large public, private  and  PPP  Projects  and  to  remove  implementation  bottlenecks  in these projects.
- V. Such projects are also reviewed from time to time by Ministry of Power and Central Electricity Authority (CEA).
- VI. Reserve  Bank  of  India  (RBI)  has  issued  guidelines  on  'Strategic  Debt Restructuring  (SDR)  Scheme'.  In  terms  of  the  said  scheme,  for  viable accounts facing financial difficulties, lenders may consider restructuring of  the  debts.  RBI  has  also  formulated  the  'Scheme  for  Sustainable Structuring  of  Stressed  Assets'  (S4A)  as  an  optional  framework  for  the resolution of large stressed accounts. The S4A envisages determination of the sustainable debt level for a stressed borrower, and bifurcation of the outstanding debt into sustainable debt and equity/quasi-equity instruments which are expected to provide upside to the lenders when the borrowers turn around.

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## ANNEXURE REFERRED TO IN REPLY TO PARTS (a) & (b) OF UNSTARRED QUESTION NO.1293 TO BE ANSWERED IN THE LOK SABHA ON 09.02.2017. ***********

## Details of Under Construction Thermal Power Projects stalled due to financial issues

| Sl. No.                     | State                                                                                          | Project Name / Impl. Agency   | Unit No   | Cap. (MW)                        | Org. Comm. Sched.   | Ant. Comm. Sched.       | Cost of the Project (Rs in Crores)   | LOA Date Expenditure (As per information available in CEA (Rs. Crs.)   |
|-----------------------------|------------------------------------------------------------------------------------------------|-------------------------------|-----------|----------------------------------|---------------------|-------------------------|--------------------------------------|------------------------------------------------------------------------|
|                             | PRIVATE                                                                                        | SECTOR                        |           |                                  |                     |                         |                                      |                                                                        |
| AP                          | Bhavanapadu TPP Ph-I / East Coast Energy Ltd.                                                  | Sep-09                        | 660       | Oct-13 660 Mar-14                | 17-18 18-19         | 9343                    | 3785                                 | 1 U-1 U-2                                                              |
| Bihar                       | Jas Infra. TPS / JICPL                                                                         | Mar-11                        | 660 660   | Aug-14 Dec-14                    | 19-20 20-21         | 11120                   |                                      | U-1 NA U-2                                                             |
| 2                           |                                                                                                |                               |           | 660                              | Apr-15              | Uncertain               |                                      | U-3                                                                    |
|                             |                                                                                                |                               |           |                                  |                     | Uncertain               |                                      |                                                                        |
|                             |                                                                                                |                               | U-4       | 660                              | Aug-15              |                         |                                      |                                                                        |
| Chhattisgarh                | Akaltara TPP (Naiyara) / KSK Mahandi                                                           | Apr-09                        | U-3       | 600                              | Dec-12 Apr-13       | 17-18                   | 22874                                | 15543                                                                  |
| 3                           |                                                                                                |                               | U-4       | 600                              |                     | 17-18                   |                                      |                                                                        |
|                             | Power Company                                                                                  | Ltd.                          | U-5       | 600                              | Aug-13              | 17-18                   |                                      |                                                                        |
|                             |                                                                                                |                               | U-6       | 600                              | Dec-13              | 18-19                   |                                      |                                                                        |
| 4 Chhattisgarh              | Uchpinda TPP/ RKM                                                                              | Jul-07                        | U-3       | 360                              | Feb-13              | Mar-17                  | 10377                                | 10292 (including                                                       |
|                             | Powergen.                                                                                      | Pvt. Ltd. /                   |           | 360                              | Jul-13              | May-17                  |                                      |                                                                        |
|                             |                                                                                                |                               | U-4       |                                  |                     |                         |                                      |                                                                        |
|                             | SG-China                                                                                       | Western TG-Habin Chaina       |           |                                  |                     |                         | (including Unit-1&2)                 | Unit-1&2)                                                              |
| 5 Chhattisgarh Chhattisgarh | Singhitarai TPP Janjgir (Vill) Champa Distt. / M/s Athena Chattisgarh Power Ltd. Binjkote TPP/ | Jun-11 SKS Power              |           | 600 Nov-14 600 Feb-15 300 Feb-14 |                     | Mar-17 Sep-17 Uncertain | 8443 6092 7940 3820                  | U-1 U-2 Mar-11 U-3                                                     |
| 6                           | Generation Ltd.                                                                                | (Chhattisgarh)                | U-4       | 300                              | May-14              | Uncertain               | (including Unit-1&2)                 | (including Unit-1&2)                                                   |
| 7 Chhattisgarh              | Deveri (Visa) TPP / Visa Power Ltd.                                                            | Jun-10                        | U-1       | 600 Aug-13                       |                     | Uncertain               | 6190                                 | 2077                                                                   |
| Jharkhand                   | Matrishri Usha TPP                                                                             | Ph-I /                        | U-1       | 270                              | May-12              | 17-18                   | 2900                                 | Dec-09 3120                                                            |
| 8 Jharkhand                 | Corporate Matrishri Usha TPP Ph-II / Corporate Power Ltd.                                      | Power Ltd.                    | U-3       | 270 Jun-12 Feb- 13               | Uncertain           | 17-18                   | 3182                                 | U-2 2207                                                               |
| 9                           |                                                                                                |                               | U-4       | 270 270                          | Mar-13              |                         |                                      |                                                                        |
|                             |                                                                                                | Mar-11                        |           | Jun-                             |                     |                         | 5700                                 |                                                                        |
|                             |                                                                                                |                               |           |                                  |                     | Uncertain               |                                      |                                                                        |
| 10 Jharkhand                | Tori TPP PH-I / Power Ltd.                                                                     | Essar                         |           | 600 13                           |                     | Uncertain               |                                      | Aug-08 U-1 3883                                                        |
|                             |                                                                                                |                               | U-2       | 600 15                           | Jan-                | Uncertain               |                                      |                                                                        |
| 11 Jharkhand                | Tori TPP Ph-II / Essar Power Ltd.                                                              |                               | 600       | Oct-17                           | Uncertain           |                         | 2500                                 | U-3 246                                                                |
| Maharashtra                 | Amravati TPP Ph-II / Ratan India Power Pvt. Ltd.                                               | Oct-10                        | U-1       | 270 Jul-14                       |                     | 20-21                   | 6646                                 | 763                                                                    |
|                             |                                                                                                |                               | U-2       |                                  | Sep-                | 21-22                   |                                      |                                                                        |
|                             |                                                                                                |                               |           | 270                              | 14                  |                         |                                      |                                                                        |
| 12                          |                                                                                                |                               | U-3       | 270                              | Nov-14              | 21-22                   |                                      |                                                                        |
|                             |                                                                                                |                               | U-4       |                                  | Jan-                | 21-22                   |                                      |                                                                        |
|                             |                                                                                                |                               |           | 270 15                           |                     |                         |                                      |                                                                        |
|                             |                                                                                                |                               | U-5       | 270                              |                     |                         |                                      |                                                                        |
|                             |                                                                                                |                               |           |                                  | Mar-15              | 21-22                   |                                      |                                                                        |
| 13 Maharashtra              | Nasik TPP Ph-II / Ratan India Nasik Power Pvt.                                                 | Nov-09                        | U-1       | 270                              | Apr-13              | Uncertain               | 6789                                 | 712                                                                    |
|                             |                                                                                                |                               | U-2       | 270                              | Jun-13              | Uncertain               |                                      |                                                                        |
|                             | Ltd.                                                                                           |                               | U-3       | 270                              | Aug-13              | Uncertain               |                                      |                                                                        |
|                             |                                                                                                |                               | U-4       | 270                              |                     |                         |                                      |                                                                        |
|                             |                                                                                                |                               | U-5       | 270                              | Oct-13 Dec-13       | Uncertain Uncertain     |                                      |                                                                        |
| Maharashtra                 | Bijora Ghanmuk TPP/Jinbhuvish Power                                                            |                               | U-1       | 300                              | Oct-17              | Uncertain               | 3450                                 | Sep-11 422                                                             |
| 14                          |                                                                                                | Generation Pvt. Ltd.          | U-2       | 300                              | Jan-17              | Uncertain               |                                      |                                                                        |
| 15 MP                       | Gorgi TPP / D.B. Power (MP) Ltd.                                                               |                               | U-1       | 660 Jun- 13                      |                     | Uncertain               | 3941                                 | Mar-11 476                                                             |
| 16                          | Nilanchal                                                                                      |                               | U-2       | 350                              | Jan-12              | Uncertain               |                                      | 1708                                                                   |
|                             |                                                                                                |                               | U-3       | 350                              | Mar-12              | Uncertain               |                                      |                                                                        |
| 17 Odisha                   | Malibrahmani TPP /                                                                             | MPCL                          | U-1       | 525                              | Dec-12              | 17-18                   | 6330                                 | Jun-10 5329                                                            |

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ANNEXURE REFERRED TO IN REPLY TO PARTS (a) & (b) OF UNSTARRED QUESTION NO.1293 TO BE ANSWERED IN THE LOK SABHA ON 09.02.2017.

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## Details of Gas Based Power Plants stressed due to Gas Shortage, PPA and Fund constraints

## A.    Commissioned Projects

|   Sl. No | State          | Project Name and Developer                              | Commissioning Status   | Capacity   | Lead lenders   | Cost of the Project (Rs. Crs.)   | Expenditure* (Rs. Crs.)   | Broad Category(ies) of stress                      |
|----------|----------------|---------------------------------------------------------|------------------------|------------|----------------|----------------------------------|---------------------------|----------------------------------------------------|
|        1 | Andhra Pradesh | Gautami Power Project (GVK Group)                       | Commissioned           | 464 MW     | IDFC           | 1935                             | 1685                      |  Gas shortage                                     |
|        2 | Andhra Pradesh | Lanco Kondapalli CCPP Lanco Kondapalli Power Ltd        | Commissioned           | 1466 MW    | Axis Bank      | Not Available                    | Not Available             |  Gas shortage                                     |
|        3 | Andhra Pradesh | Konaseema Gas Power Project. (Konaseema Gas Power Ltd.) | Commissioned           | 445 MW     | IDBI           | 2035                             | 2035                      |  Gas shortage                                     |
|        4 | Andhra Pradesh | GVK CCPP GVK Industries Ltd.                            | Commissioned           | 220 MW     | IDBI           | Not Available                    | Not Available             |  Gas shortage                                     |
|        5 | Andhra Pradesh | Jegurupadu extension project (Phase II) (GVK Group)     | Commissioned           | 220 MW     | IDBI           | Not Available                    | 483                       |  Transmission constraints in the southern region. |

| 6   | Andhra Pradesh   | GMR Rajahmundry Energy Ltd.                                   | Commissioned      | 768 MW    | IDBI   | 4840   | 220.42 (IDBI outstanding as on 31.08.2016)   |  Gas shortage                                        |
|-----|------------------|---------------------------------------------------------------|-------------------|-----------|--------|--------|----------------------------------------------|-------------------------------------------------------|
| 7   | Gujarat          | DGEN Mega Power Project (Torrent Power)                       | Commissioned 1200 | MW        | SBI    | 5500   | 5517                                         |  PPA: 2 x 387 MW tied up  Gas shortage              |
| 8   | Gujarat          | Unosugen CCPP (Torrent Power)                                 | Commissioned      | 382.5 MW  | SBI    | 1833   | 1803                                         |  PPA: 278 MW tied up and 95 MW untied  Gas shortage |
| 9   | Maharashtra      | Pioneer Gas Power Ltd (Pioneer Gas Power Ltd)                 | Commissioned      | 388 MW    | IFCI   | 1776   | 1237                                         |  Gas shortage  Part PPA signed                      |
| 10  | Maharashtra      | Ratnagiri Gas Power Project, (Ratnagiri Gas & Power Pvt. Ltd) | Commissioned      | 2150 MW   | IDBI   | 12786  | 1961 (IDBI outstanding as on 31.08.2016)     |  Gas shortage                                        |
| 11  | Uttarakhand      | Kashipur CCPP -I , Block - 1 (Sravanti Energy)                | Commissioned      | 225 MW    | IFCI   | 1266   | 1088                                         |  Gas shortage                                        |
| 12  | Uttarakhand      | Gamma CCPP                                                    | Commissioned      | 225 MW    |        | 1156   | 1058                                         |  Gas shortage                                        |
|     |                  |                                                               | Total             | 8153.5 MW |        |        |                                              |                                                       |

*As  per information available in CEA

- B.   Projects  to  be commissioned

| S. No   | State          | Project Name and Developer                      | Commissioning Status                            | Capacity   | Lead lenders   | Cost of the Project (Rs. Crs.)   | Expenditure* (Rs. Crs.)   | Broad Category(ies) of stress               |
|---------|----------------|-------------------------------------------------|-------------------------------------------------|------------|----------------|----------------------------------|---------------------------|---------------------------------------------|
| 1       | Andhra Pradesh | Panduranga CCPP (Panduranga Power)              | Ready to commission                             | 116 MW     | Andhra Bank    | 647                              | 730                       |  Not availability of Gas                   |
| 2       | Andhra Pradesh | Samalkot Power Project (Reliance Power)         | Implementation of the project has been stopped. | 2400 MW    | IDBI           | 10500                            | 8234                      |  Gas shortage  Fund Constraint            |
| 3       | Telangana      | Astha CCPP                                      | 2018-19                                         | 34.88 MW   |                | 214                              | 107                       |  Gas shortage                              |
| 4       | Uttarakhand    | Beta CCPP ( BIPL)                               | 2016-17                                         | 225 MW     | PNB            | 1254                             | 1186                      |  Gas shortage  No PPA                     |
| 5       | Uttarakhand    | Kashipur CCPP -II , Block - 2 (Sravanti Energy) | 2016-17                                         | 225 MW     | IFCI           | 1300                             | 911                       |  Gas shortage  No PPA  Funds constraints |
|         |                |                                                 | Total                                           | 3000.88 MW |                |                                  |                           |                                             |

*As  per information available in CEA

**********

## ANNEXURE-III

## ANNEXURE REFERRED TO IN REPLY TO PARTS (a) & (b) OF UNSTARRED QUESTION NO.1293 TO BE ANSWERED IN THE LOK SABHA ON 09.02.2017.

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## Stalled Under Construction Hydro Electric Projects

| Sl. No   | Name of Project/ Executing Agency/ Capacity (MW)/ Estd. Cost (Rs. Crs.)   | State                     | Likely Commi- ssioning          | Expendi- ture (till date) (Rs. Crs.)   | Reasons for Stuck up                                                                                                                                          | Remedial Steps taken by Government / Developer                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|----------|---------------------------------------------------------------------------|---------------------------|---------------------------------|----------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|          | Central Sector                                                            |                           |                                 |                                        |                                                                                                                                                               |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 1        | Lata Tapovan, NTPC Limited 3x57=171 MW 1527.00                            | Uttarakhand               | 4 years after restart of works. | 146                                    | Construction work stopped vide Hon'ble Supreme Court order dated 7.5.14.                                                                                      | The matter is sub-judice.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| 2        | Subansiri Lower NHPC Limited 8x250=2000 MW 17435.15                       | Arunachal Pradesh / Assam | 4 years after restart of works. | 8766.63                                | -Since 16.12.2011 works stopped due to agitation by various activists, fearing dam safety and downstream impacts of dam. -Case in Hon'ble NGT, Kolkata bench. | Resumption of works: Hon'ble MoS (IC) for Power, Coal and New & Renewable Energy and Hon'ble MoS (IC) for Skill Development, Entrepreneurship, Youth Affairs & Sports had taken meeting with Expert Group of Assam on 10.12.2014 and with various Stakeholders of Subansiri Lower Project on 11.12.2014 to discuss the issues. As decided in the meeting, a Committee designated as 'Project Oversight Committee' (POC) consisting of 4 Experts from the Expert Group of Assam and 4 Experts from Govt. of India has been constituted, which is an on-going Committee to provide guidance/oversight to examine and resolve the various issues relating to the project as also to oversee their compliance along with project implementation. Separate reports have been submitted by POC members from the Expert Group of Assam & POC members of GOI in Jan./Feb.'16 respectively. Matter in Hon'ble National Green Tribunal (NGT): Matter related to Subansiri Lower HEP is being heard by Hon'ble |

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|                                                                                                                |      |                                 |                                                  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | Dec'15, Hon'ble NGT allowed NHPC to undertake emergency maintenance work for safety and protection of the public and the property. However, Hon'ble NGT ordered that no construction work to the project be done. Further, as desired by Hon'ble NGT, both the reports submitted by POC have been submitted to Hon'ble NGT on 5 th April,16 by MoP. Next hearing in NGT will be held on 8 th & 9 th February, 2017. Signing of MoA with Govt. of Assam: Signing of MoA with State of Assam is pending.   |
|----------------------------------------------------------------------------------------------------------------|------|---------------------------------|--------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| State Sector                                                                                                   |      |                                 |                                                  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| Kashang - II & III HPPCL 2x65 = 130 MW 1079.80 (including cost of Kashang I HEP) (1 unit already commissioned) | H.P. | 4 years after restart of works. | 1011.84 (including expenditure of Kashang I HEP) | -Works on KK Link tunnel could not start since 2011, due to two separate cases (one for Environmental clearance and another for Forest clearance) were pending in NGT. The case of Environmental clearance has been decided in favour of HPPCL, whereas in the case of Forest clearance, it has been directed by the NGT that matter shall be placed before Gram Sabha in the presence of a Justicial Officer. The entire proceeding shall be completed not later than three months from the date of commencement of proceeding of Gram Sabha. HPPCL shall then submit the report to NGT. The application for challenging the NGT decision has | Matter is Sub-judice.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |

|    |                                                                     |        |                                 |        | been filed in the Hon'ble Supreme Court by HPPCL which has now been withdrawn on the direction of Govt. of Himachal Pradesh on dated 08.09.2016.                                                                                                                                                                                                                                                                                              |                                                                                                        |
|----|---------------------------------------------------------------------|--------|---------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------|
|  4 | Shahpurkandi Irr. Deptt., Pb. & PSPCL 3x33+3x33+1x8 =206 MW 2285.81 | Punjab | 4 years after restart of works. | 517.17 | - Works of Dam (J&K side) stopped since 30.08.2014 due to inter-state disputes between Punjab and J&K Government.                                                                                                                                                                                                                                                                                                                             | A meeting at the level of Chief Secretaries was held on 20.02.2015 at Jammu. Issue yet to be resolved. |
|  5 | Thottiyar KSEB 1x30+1x10=40 MW 150.02                               | Kerala | 4 years after restart of works. |  52.87 | - Works are almost standstill since Nov, 2015. The contractor has put forward a proposal for foreclosure of the Project due to their financial stringency and a detailed note regarding the same was submitted to the Board for approval. It is decided to foreclose the work and the balance work may be re- arranged through open tender or through Govt. approved executing agencies like Uralungal Labour Contract Co-                    | State Govt. to expedite the re-award of works.                                                         |
|  6 | Pallivasal KSEB 2x30=60 MW 284.69                                   | Kerala | 4 years after restart of works. | 183.7  | - Works are almost standstill since Jan, 2015. The contractor has put forward a proposal for foreclosure of the Project due to their financial stringency and a detailed note regarding the same was submitted to the Board for approval. It is decided to foreclose the work and the balance work may be re- arranged through open tender or through Govt. approved executing agencies like Uralungal Labour Contract Co- operative Society. | State Govt. to expedite the re-award of works.                                                         |

| 7   | Koyna Left Bank PSS WRD, Govt. of Maharashtra 2x40=80 MW 1494.94             | Maharashtra   | 4 years after restart of works.   | 334.59   | - Project stalled since July, 2015. The current expenditure on the project has already reached to almost original administrative approved cost level hence expenditure on the project is stopped and project work is processing at very slow rate. Revised cost is under approval by State Govt.   | State Govt. to expedite the approval of RCE.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|-----|------------------------------------------------------------------------------|---------------|-----------------------------------|----------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|     | Private Sector                                                               |               |                                   |          |                                                                                                                                                                                                                                                                                                    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 8   | Maheshwar Shree Maheshwar Hydel Power Corporation Limited 10x40= 400 MW 6793 | M. P.         | 1-½ year after restart of works.  | 3135     | Works suspended since Nov-11 due to cash flow problem with developer.                                                                                                                                                                                                                              | A high level committee under the chairmanship of Additional Chief Secretary (Finance) GoMP, was formed on 16 th Oct, 2014 to find ways to complete the project. The committee has submitted its report on 2.5.2015. The committee has recommended three scenarios for commissioning the Maheshwar Project. Under the first scenario, another attempt to complete the project with the present private developer has been envisaged. Timeline for first Scenario has elapsed (2nd August 2015) without the promoter complying with its requirements. Currently, the process for revival of project under second scenario is underway which envisages Government companies to take over the project company with the private developer being kept as a minority shareholder. Accordingly, lenders being Govt. companies are planning to acquire the majority equity by way of conversion of sub-debt into equity and invocation of |

|   9 | Teesta VI Lanco Teesta Hydro Power Ltd. 4x125=500 MW 5400               | Sikkim   | 3 years after restart of works.    |    3144 | There is almost no progress since April, 2014. (Funds Constraints)                                                                                                                                            | Discussions between the various stakeholders for finding ways to re-start the project is underway. In a meeting held on 17.08.2016, High Power Committee of the State Govt. recommended to take over the stalled projects in Sikkim by CPSUs. Further, all stake holders were requested to re-examine more options for re-start of the project.                                                                                                                                                        |
|-----|-------------------------------------------------------------------------|----------|------------------------------------|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  10 | Rangit-IV Jal Power Corp. Ltd. (JPCL) 3x40= 120 MW 1692.60              | Sikkim   | 2½ years after the start of works. |  816.76 | Works stopped since Oct-13 due to funds constraints with developer.                                                                                                                                           | Discussions between the various stakeholders for finding ways to re-start the project is underway. Since the promoters of the company are unable to infuse additional equity, so Govt. of Sikkim has been requested to increase their equity stake from existing 26% to 51% to facilitate further funding by the lenders to recommence the project activities. Further, the High Power Committee of the State Govt. has requested the stake holders to re- examine more options including take over by |
|  11 | Panan Himagiri Hydro Energy Pvt Ltd. 4x75 = 300 MW 2021.90              | Sikkim   | 4½ years after the start of works. |  156.5  | Major Civil Works could not start since April, 2014 for want of NGT Clearance                                                                                                                                 | Matter is sub-judice. Since there is no stay, developer likely to start works after receipt of NWLB clearance.                                                                                                                                                                                                                                                                                                                                                                                         |
|  12 | Ratle GVK Ratle Hydro Electric Project Pvt. Ltd. 4x205+1x30=850 MW 6257 | J&K      | 5 years after restart of works.    | 1451    | There is no progress since 11 th July, 2014. (R&R issues, Local issues, Law & order problem, Indus Water Treaty etc.)                                                                                         | Developer has requested Govt. of J&K for early termination of PPA & taking over of the project. CEA has requested Govt. of J&K to convey decision of the State Govt. vide letter dated 26.10.2016.                                                                                                                                                                                                                                                                                                     |
|  13 | Tangnu Romai Tangnu Romai Power Generation 2x22=44 MW 255               | H.P.     | 4 years after the start of works.  |  179    | The developer informed that the project suffered due to very poor geology in HRT, due to which project got delayed and cost had increased. Further Works stalled since January, 2015 due to fund constraints. |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |

|   14 | Sorang Himachal Sorang Power Ltd. 2x50=100 MW 586   | H.P.   | 1 year after the start of works.           |   Not Availa ble | Works are stalled since 18.11.2015 due to rupture in the surface penstock pipe when unit#2 was under trial run.                    | The compensation package and funds for repair of penstock pipe is being worked out by the developer. Further, negotiations with the bankers is in process to fund the additional cost required for carrying out repair works.   |
|------|-----------------------------------------------------|--------|--------------------------------------------|------------------|------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   15 | Lower Kalnai JKSPDC 2x24=48 MW 576.87               | J&K    | About 4 years after the re-start of works. |            71.98 | The works has been stalled due to financial issues with contractor. The contractor, M/s. Coastal Projects Ltd. has gone under CDR. | JKSPDC is working out ways to re-start the project.                                                                                                                                                                             |

Total = 15 Nos. (4984 MW)

In addition to above, the following projects are also stressed:-

|   Sl. No | Name of Project/ Executing Agency/ Capacity (MW) Estd. Cost (Rs. Crs.)   | State             | Likely Commissioning                  | Expenditure (till date) (Rs. Crs.)   | Reasons for Stress                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|----------|--------------------------------------------------------------------------|-------------------|---------------------------------------|--------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|        1 | Phata Byung M/s.Lanco 2x38=76 MW 1225.53                                 | Uttarakhand       | 3 years.                              | 865.99                               | - Works affected due to flash flood in June, 2013. - Slow pace of works. - High tariff due to time & cost over-run.                                                                                                                                                                                                                                                                                                                                   |
|        2 | Singoli Bhatwari M/s.L&T 3x33=99 MW 1577                                 | Uttarakhand       | 3 years.                              | 919.36                               | - Works affected due to flash flood in June, 2013. - Slow pace of works. - High tariff due to time & cost over-run.                                                                                                                                                                                                                                                                                                                                   |
|        3 | Gongri Dirang Energy Pvt. Ltd. 2x72=144 MW 1436.27                       | Arunachal Pradesh | 3½ years after active start of works. | 521.21                               | Works stopped since 2 nd week of April, 2016 due to fund flow problem with promoter / lenders. Works restarted in July-2016 but fund constraints still exist.                                                                                                                                                                                                                                                                                         |
|        4 | Rangit-II Sikkim Hydro Power Ltd. 2x33=66MW 496.44                       | Sikkim            | 3 years after active start of works.  | Not Available                        | Works are stalled since 2014 due to non-release of funds by lenders because of power evacuation and land acquisition issues. Developer has to infuse equity into the project. Meanwhile, the promoter of the company 'Gammon India Ltd' is under CDR. Hence PFC is unable to disburse the loan. Talks between developer & lenders is under progress, however funds yet not disbursed by banks. The developer re-started works w.e.f. September, 2016. |
|        5 | Polavaram Polavaram Project Authority(12x80 = 960 MW) 16010.45           | A.P.              | 4 years after active start of works.  | 7364.06                              | -Slow progress of works. - E&M works yet to be awarded. - Public hearing for construction of protective embankment to be held in Odisha and Chhattisgarh as desired by MOEF.                                                                                                                                                                                                                                                                          |

Total = 5 Nos. (1345 MW)

Grand Total = 20 Nos. (6329 MW)

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