Bijora power station

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Bijora power station is a proposed 600-megawatt (MW) coal plant in Maharashtra, India.

Location

The map below shows the approximate location of the project near Ghanmukh (Bijora) village.

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Background

The project is sponsored by Jinbhuvish Power Generations. Phase-1 would consist of 600 MW (2 x 300 MW) and Phase-2 one unit of 660 MW. As of 2012, the company said 750 acres of land has been acquired for the project, and the Water Resource Department of Maharashtra had allocated water.[1]

Phase I

According to a January 2014 report:[2]

Korean South-East Power Company (KOSEP), a subsidiary of Korean state-owned power generator, Korea Electric Power Corporation, has inked an initial agreement with Jinbhuvish Power Generations, for Maharashtra power project. As per the agreement, Korean South-East Power Company will provide technical support to Jinbhuvish's 600 MW power plant in Yavatmal district of Maharashtra. The project, estimated to cost Rs 3,450 crore, is expected to be commissioned in 2016. The coal-based power project in Yavatmal is being developed by the company in two phases. Each phase will have 300 MW capacity. Korean South-East Power holds 40 per cent equity stake in the project.

Land for phase I was modified and extended according to a July 2015 Corrigendum to the EC by Jinbhuvish Power Generations.[3]

Phase I (2 x 300MW) is under construction and planned for operation in 2017.[4]

According to the July 2016 Broad Status Report, work on the project has been put on hold "due to financial crunch."[5] The March 2016 Broad Status Report continued to report that work was on hold "due to financial crunch."[6]

Phase II

As of December 2016 the phase 2 of one 660 MW unit has not received environmental permits, and appears to be deferred or abandoned.

Maharashtra Economic Office Wing to probe loan

In November 2012 the Centre for Monitoring Indian Economy reported that the project was under investigation and that the land acquired for the project does not exist on record. The report stated:[7]

The Economic Offence Wing (EOW) of Maharashtra Police has informed the Bombay High Court, that they are going to probe the Rs.21 billion loan sanctioned for Jinbhuvish Power Generations Pvt Ltd’s power project at Bijora in Mahagaon Taluk of Yavatmal district, Maharashtra. The loan for the project was sanctioned by a consortium of five lending institutions. EOW will soon submit their report to the High Court. Jinbhuvish Power Generations Pvt Ltd had announced the 1,260 mw coal based thermal power project in January 2009. The project was to be implemented in 2 phases of 600 mw and 660 mw each. The Rs.32 billion first phase of the project was to have 2 units of 300 mw each. According to the company’s website 750 acres of land was acquired for the project. Coal linkage and water supply was cleared in November 2010 and financial closure was also achieved around that time. :A consortium of lending institutions consisting of Rural Electrification Corp Ltd (REC), PTC India Financial Services Ltd, Indian Overseas Bank, Andhra Bank and Life Insurance Corp of India (LIC) sanctioned Rs.21 billion for the project in mid 2011. Out of the total Rs.21 billion sanctioned, REC had the largest share of Rs.15 billion. Recently in September 2012, Power Finance Corporation Ltd. (PFC) had also sanctioned a loan of Rs.6.3 billion. EOW has claimed that the land acquired for the project does not exist on the Mahagaon tahsildar’s record. And if land records are not clear, then how the lending institutes have sanctioned such a huge loan for the project. The project had received environment clearance in July 2012.

Project Details

Sponsor: Jinbhuvish Power Generations
Location: Ghanmukh (Bijora) village, Mahagaon tehsil, Yavatmal district, Maharashtra
Coordinates: 19.7071221, 77.7375841 (approximate)
Status:

  • Phase I: Construction on hold
  • Phase II: Cancelled

Capacity:

  • Phase I: 600 MW (2 x 300 MW)
  • Phase II: 660 MW

Type:

Projected in service:

  • Phase I: 2017

Coal Source: Western Coalfields
Source of financing:
Permits and applications:

Resources and articles

Related SourceWatch articles

References

  1. "JPGPL," Jinbhuvish Power Generations website, accessed February 2012
  2. "Korean South-East Power inks pact with Jinbhuvish Group," Power Projects, January 18, 2014
  3. "EC Corrigendum," Jinbhuvish Power Generations, July 14, 2015
  4. "Monthly Report on Broad Status of Thermal Power Projects in the Country," Government of India Ministry of Power, March 2016
  5. Monthly Report on Broad Status of Thermal Power Projects in the Country, Central Electricity Authority, July 2016
  6. "Broad Status Report," India Central Electrical Authority, March 2017
  7. "Maharashtra’s EOW to probe loan sanctioned for Jinbhuvish’s power project at Bijora," Centre for Monitoring Indian Economy, 19 Nov 2012

External Articles

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