Four new steam and power generation assets will have an installed capacity of 450 megawatt thermal
and 30 megawatt electrical power.
Sojitz has been a major shareholder in Asia Power Private Limited, another IPP project company in Sri Lanka, since it started operation of a 50 megawatt thermal
power plant in 1998, and AES Kelanitissa is Sojitzs second IPP project in the country.
Bharat Heavy Electricals Ltd (BHEL) shares climbed around 2.5% to hit intraday increase of Rs 170.10 after the firm post the market hours said that it has authorized a 500 megawatt thermal
power plant in West Bengal.
KPP will build four new steam and power generation assets with an installed capacity of 450 megawatt thermal
and 30 megawatt electrical running on side streams from the refineries as well as natural gas, with asphaltene being the main fuel.
The project comprises of a new gas fired power station including two new boilers (164 Megawatt thermal
(MWth)) and two new steam turbine sets with a gross capacity of up to 150 Megawatt electrical (MWe) with integral cooling units and twin 80m stacks together with an internal gas connection and other pipework, an electricity grid connection and ancillary buildings.
The 600 megawatt thermal
power plant in Haldia constructed with a capital outlay of Rs 4,500 crore (the evacuation network cost was almost Rs 900 crore and the vanilla plant is pegged at about Rs 3,600 crore) is the single biggest investment in the state in latest times as stated by top company officials.
Counterglobal announced it will invest 85 million (US$133 million) to build, own and operate a new 53 megawatt thermal
power facility in Senegal.