The Kineta Thermal Power Plant is 1,080MW coal fired power project. It is planned in Andhra Pradesh, India. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2025.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Thermal | 1,080 | – | 1,080 | Permitting | Andhra Pradesh, India | Jindal Steel & Power |
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Description
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The project is being developed and currently owned by Jindal Steel & Power. The company has a stake of 100%.
It is a steam turbine power plant. The power plant can run on dual-fuel. The primary fuel being used to power the plant will be coal. In case of shortage of coal the plant will run on Heavy Fuel Oil / Light Diesel Oil / Low Sulphur Heavy Stock.
The project cost is expected to be around $404.63m.
The Coal fired project consists of 4 steam turbines, each with 270MW nameplate capacity.
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By GlobalDataDevelopment Status
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2025.
About Jindal Steel & Power
Jindal Steel & Power Ltd (JSPL) is a steel manufacturer and power producer, which produces steel products, sponge iron, pellets and castings, and plans, implements, develops and operates power plants. Its steel product portfolio includes TMT bars, long track rails and heads hardened rails, parallel flange beams and column, angles and channels, plates, coils, wire rods, and cast round and billets. The company generates power using thermal, hydro and renewable sources. JSPL also provides aviation, machinery and real estate development services. It has operations across Asia, Africa and Middle East. The company has steel plants in Odisha, Chhattisgarh and Jharkhand, and power generation facilities in India. JSPL is headquartered in New Delhi, Delhi, India.
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Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
