Meenakshi Energy

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Meenakshi Energy, the power development subsidiary of the Meenakshi Group, has constructed a small 37 megawatt (MW) hydro power station in Orissa and is proposing to build a 900 MW coal-fired power station at Krishnapatnam in Andhra Pradesh and other wind, hydro and biomass projects.[1]

In 2013 French energy company GDF Suez spent $400 million to acquire a 74 per cent stake in Meenakshi Energy, including its Meenakshi Energy Thermal Power Project.[2]

Proposed coal-fired power stations

Meenakshi Energy Thermal Power Project is a proposed 900 megawatt (MW) coal plant proposed by the company. According to the company web site, "The first phase of the Project (300 MW) has been configured in a unique 'part tolling-part merchant' configuration with PTC India Limited."[3]

Contact details

Meenakshi Group
Meenakshi House, 8-2-418, Road # 7,
Banjara Hills, Hyderabad – 500 034.
A.P. India
Tel: +91 40 2335 8111/222/333
Fax: +91 40 2335 1133/1530
Email: mepl AT meenakshienergy.com
Website: http://www.meenakshienergy.com/aboutus.html

Resources and articles

Related SourceWatch articles

References

  1. Meenakshi Energy, "About Us" Meenakshi Group website, accessed January 2012
  2. "GDF to pick up 74% stake in Meenakshi Energy," The Hindu, December 17, 2013.
  3. "About Us," Meenakshi Energy website, accessed January 2012