Essar Power Hazira Gujarat unit attains 100 per cent capacity utilisation
The company said it is a significant achievement because it comes close on the heels of the commissioning of the second unit, which occurred just three months ago.
It is also an indicator for the increased capacity utilisation of its captive client—Essar Steel’s 10 million tonne Hazira Steel Complex, the company said.
The plant can run on multiple fuels, like coal, corex fines and Corex gas, simultaneously. It can also utilize excess gases from the process units of steel making operations.
According to the company, the plant is also helping bring down Essar Steel’s power procurement cost, while lending flexibility to the steel-making process.
Essar Steel has increased its capacity utilisation from 30 per cent to 80 per cent over the past one year.
KVB Reddy, CEO, Essar Power, said, “The year is turning out to be an important one for Essar Power. Close to 80 per cent of Essar Power’s targeted capacity of 6,100 MW, which comprises both captive and IPP assets, have been made operational. In the last two years, increased coal availability, both from domestic and overseas suppliers, as well as the strong operational efficiencies harnessed by Essar Power’s world-class technical team have helped improve our performance significantly.”
In October 2016, Essar Power commissioned Unit 2 of Phase I (2X30 MW) of the 2x60 MW Paradip power project.
Earlier in May, the company restarted first unit of its 2x600 MW Mahan power project after a 19-month shutdown.
Essar Power Ltd is one of India's largest private sector power producers with over 20 years of operating track record.
It owns power plants in India and Canada with a total planned generation capacity of 6,100 MW, of which 4,840 MW is operational.
Of the total operational capacity, 3,240 MW is coal-based, while 1,600 MW is gas-based.
The operating plants in India are at Mahan in Madhya Pradesh, Hazira, Salaya and Vadinar in Gujarat and Paradeep in Orissa.
A 1,200 MW coal-based power plant in Tori, Jharkhand, is under development.
Image: Essar website
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