Lok Sabha Question No. 580 (UNSTARRED), answered on 2018-12-13
Subject: Unviable Power Plants
Ministry: POWER
Asked by: PREM SINGH CHANDUMAJRA

## GOVERNMENT OF INDIA MINISTRY OF POWER

LOK SABHA UNSTARRED QUESTION NO.580 TO BE ANSWERED ON 13.12.2018

UNVIABLE POWER PLANTS

†580. PROF. PREM SINGH CHANDUMAJRA:

Will the Minister of POWER be pleased to state:

(a) whether there are several thermal power plants in the country which have become unviable;

(b) if  so,  the  details  of  total  number  of  such  plants  along  with  their power generation capacity;

(c) the details of estimated amount required to help these power plants to overcome financial crisis; and

(d) the steps taken by the Government for the revival of the said plants?

## A N S W E R

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

( SHRI  R. K. SINGH )

(a) : Yes, Madam.

(b) : A  list  of  34  Stressed  Thermal  Power  Plants  received  from Department of Financial Services is Annexed.

(c) : There is no information available on this in this Ministry and in the Department of Financial Services, Ministry of Finance.

(d) : Govt. of India has taken following steps to resolve the issues related to stress in power projects:

I. Fuel Linkages under SHAKTI: The Government has approved a new coal  linkage  allocation  policy  on  May  17,  2018  named  SHAKTI (Scheme for harnessing &  allocating   koyla  transparently in India). Under  the

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

scheme, auction of coal linkages for Independent Power Producers (IPPs)  with  PPAs  based  on  domestic  coal  has  been  conducted  on September  12,  2017.  IPPs  having  PPA  but  no  coal  linkages  have participated in the auction and linkages have been granted to 11549 MW capacity (10 projects) including five stressed projects of total 8490  MW  capacity,  and  these  projects  have  been  resolved.  Under B(i)  provision  of  SHAKTI  scheme,  linkages  have  been  granted  to States/ Central Gencos for 8870 MW for 10 projects.

- II. Pilot  project  for  procurement  of  2500  MW:  In  order  to  address  the problem  of  lack  of  Power  Purchase  Agreements  (PPAs)  in  the country, The Ministry of Power has notified a scheme for procurement of 2500 MW on competitive basis for a period of 3 years from  the  generators  with  commissioned  projects  having  untied capacity.  Under  the  scheme,  PFC  Consulting  Ltd.  invited  bids  for 2500 MW  of power  wherein PTC  India Limited acted as an aggregator  of  demand  for  purchase  of  power  from  the  power projects  and  sell  that  power  to  states  utilities.  Bids  have  been received from 7 (seven) projects for aggregate power of 1900 MW. Letter of Award (LOA) has been issued to all the successful bidders (1900 MW).
- III. DISCOM  Payment  Monitoring  App  PRAAPTI:  A  new  App  PRAAPTI (Payment  Ratification and Analysis in Power  Procurement  for Bringing Transparency in Invoicing of generators) has been launched by the Ministry of Power to bring more transparency in the payment system by DISCOMs. The generators are being actively encouraged to feed in their invoicing and payments data in the portal.
- IV. Steps taken to reduce the cost of generation:
- a. The introduction of third party sampling by Central Institute of Mining  and  Fuel  Research  (CIMFR):  The  Government  has started  third  party  sampling  of  coal  at  both  loading  and unloading end of coal supply from CIL to Generators.
- b. Coal linkage rationalization:
6.  Ministry of Power vide letter no 5/3/2015-OM dated 10th June, 2016 had issued the policy on flexibility in utilization  of  domestic  coal  for  reducing  the  cost  of power generation for central generating companies and state power utility.
7. MoP  vide  letter  no  5/3/2015-OM  dated  20th   February, 2017  had  issued  the  methodology  for  use  of  coal  by
8.  States in private generating stations.

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## ANNEX REFERRED TO IN REPLY TO PART (b) OF UNSTARRED QUESTION NO.  580 TO BE ANSWERED IN THE LOK SABHA ON 13.12.2018.

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Status of the stressed projects*

| Sl. No   | Developer / Project                               | Total capacity (MW)   | Commissd. (MW)   | Lead FI/ Banks   | Estimated Project Cost (crores)   | O/S Debt (crores)   | Equity infused (crores)   | Total Invest- ment (crores)   |
|----------|---------------------------------------------------|-----------------------|------------------|------------------|-----------------------------------|---------------------|---------------------------|-------------------------------|
| 1        | DVC/Raghunathpur                                  | 1200                  | 1200             | PFC              | 7957                              | 2318                | 2626                      | 4944                          |
| 2        | NTPC/Muzaffarpur (JV of NTPC & Bihar Govt.)       | 390                   | 390              | SBI              | 4777                              | 2506                | 1277                      | 3783                          |
| 3        | GMR/Kamalanga                                     | 1050                  | 1050             | IDFC             | 6519                              | 4100                | 2250                      | 6350                          |
| 4        | Adani/ Tiroda                                     | 3300                  | 3300             | SBI              | 19788                             | 11765               | 4947                      | 16712                         |
| 5        | GVK/Goindwal Sahib                                | 540                   | 540              | IDBI             | 4773                              | 3523                | 1250                      | 4773                          |
| 6        | Adhunik Power Adhunik                             | 540                   | 540              | SBI              | 3377                              | 2474                | 903                       | 3377                          |
| 7        | GMR/ EMCO Warora                                  | 600                   | 600              | SBI              | 4250                              | 2905                | 1063                      | 3968                          |
| 8        | DB Power/ Baradhara                               | 1200                  | 1200             | SBI              | 8965                              | 6721                | 2244                      | 8965                          |
| 9        | Avantha/ Seoni Jhabua                             | 600                   | 600              | AXIS             | 4806                              | 3488                | 1348                      | 4836                          |
| 10       | Coastal Energen/ Mutiara                          | 1200                  | 1200             | SBI              | 7870                              | 6132                | 1262                      | 7394                          |
| 11       | Essar/ Mahan                                      | 1200                  | 600              | ICICI            | 7173                              | 5951                | 2266                      | 8217                          |
| 12       | GMR /Raikheda                                     | 1370                  | 1370             | AXIS             | 11543                             | 8174                | 3368                      | 11542                         |
| 13       | Jaypee/ Nigrie                                    | 1320                  | 1320             | ICICI            | 12350                             | 6211                | 3812                      | 10023                         |
| 14       | Jaypee /Bina                                      | 500                   | 500              | IDBI             | 3518                              | 2254                | 1264                      | 3518                          |
| 15       | JITPL/ Derang                                     | 1200                  | 1200             | PNB              | 7061                              | 5381                | 1494                      | 6875                          |
| 16       | KSK Mahanadi- Akaltara Unit                       | 3600                  | 1200             | PFC              | 27080                             | 17194               | 3234                      | 20428                         |
| 17       | Jaypee/ Bara (Prayagraj)                          | 1980                  | 1980             | SBI              | 15537                             | 11494               | 4044                      | 15538                         |
| 18       | RKM/Ucchpinda                                     | 1440                  | 1080             | PFC              | 12608                             | 9145                | 2587                      | 11732                         |
| 19       | SKS/ Binjkote                                     | 1200                  | 300              | SBI              | 5880                              | 4801                | 862                       | 5663                          |
| 20       | Essar /Tori                                       | 1200                  |                  | ICICI            | 10441                             | 3112                | 1719                      | 4831                          |
| 21       | Lanco/ Babandh U-1 & 2                            | 1320                  | 0                | ICICI            | 10430                             | 6976                | 1123                      | 8099                          |
| 22       | Monnet / Malibrahmani (stalled but good progress) | 1050                  | 0                | IDFC             | 9500                              | 5300                | 1273                      | 6573                          |
| 23       | Athena (EastCost) / Bhavanpadu                    | 1320                  | 0                | PFC              | 9975                              | 2834                | 836                       | 3670                          |
| 24       | KVK/ Nilanchal                                    | 1050                  | 0                | PFC              | 2992                              | 1072                | 1116                      | 2188                          |
| 25       | Lanco/ Vidarbh                                    | 1320                  | 0                | PNB              | 10433                             | 4762                | 1079                      | 5841                          |
| 26       | Visa/ Deveri                                      | 1200                  | 0                | PNB              | 6190                              | 1481                | 427                       | 1908                          |
| 27       | Lanco/ Anpara 'C'                                 | 1200                  | 1200             | REC              | 4845                              | 3071                | 969                       | 4040                          |
| 28       | Lanco /Amarkantak                                 | 1320                  | 0                | PFC              | 12865                             | 8782                | 1533                      | 10315                         |
| 29       | Ind Barath Utkal                                  | 700                   | 350              | PFC              | 4797                              | 3046                | 1172                      | 4218                          |
| 30       | Avantha/ Korba West                               | 600                   | 600              | AXIS             | 4929                              | 3099                | 1830                      | 4929                          |
| 31       | Madhucon/Simhapuri                                | 600                   | 600              | SBI              | 3510                              | 2206                | 1035                      | 3241                          |
| 32       | Athena/ Singhtarai U- 1&2                         | 1200                  |                  | SBI              | 11522                             | 5256                | 968 541                   | 6224 2030                     |
| 33       | Vandana/ Salora                                   | 270                   | 135              | PNB              | 1949                              | 1489                |                           |                               |
| 34       | Rattan Power/ Nashik -I                           | 1350                  | 1350             | PFC              | 9818                              | 7107                | 2455                      | 9562                          |
|          | Grand total                                       | 40,130                | 24,405           |                  | 2,90,028                          | 1,76,130            | 60,177                    | 2,36,307                      |

*  Above  information  is  collected  from  various  sources  &  subjected  to  verification  from Discoms, Lenders, CERC etc

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