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Home News Power Sector News East Coast Energy gets permission to build captive jetty at Meghavaram

East Coast Energy gets permission to build captive jetty at Meghavaram

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ECEPL will set up a captive jetty at Meghavaram for import of coalEast Coast Energy Private Limited (ECEPL) is in the process of setting up the 2640 MW Bhavanapadu Thermal Power Station near Kakarapalli Village, Santhabommali Mandal of Srikakulam District in Andhra Pradesh and is promoted by Asian Infrastructure, Singapore along with others like IDFC and PTC. The Andhra Pradesh government has accorded permission to East Coast Energy Private Limited (ECEPL) for construction of a dedicated captive jetty at Meghavaram, 10 km south of Bhavanapadu port, for import of coal. According to information minister A Ramnarayana Reddy, basing on the report of L&T Ramboll Consultants and the recommendations of the director of ports, Meghavaram has been notified as a minor port.

The Project will be executed in two stages of 1320 MW each. The stage-I (2x660 MW) of the project is scheduled for commissioning within the 11 Five Year Plan. As pert ECEPL, all the statutory approvals and tie-ups required for the Project are in place except for the Long Term Linkage of Coal from Mahanadi Coal Fields and the final clearance from Ministry of Environment & Forests (MoEF), Government of India.

ECEPL is setting up a 2,640Mw coal-fired thermal plant in an extent of 2,450 acres at Kakaraplli village in Srikakulam district at an estimated cost of Rs 10,000 crore. The coal requirement for the plant would be 10 million tonnes per annum.

The AP Industrial Infrastructure Corporation (APIIC) has also allotted the land provisionally. The project is expected to achieve financial closure by March 2009.

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