Sterlite Energy

Sterlite Energy Limited
Public
Industry Energy
Founded New Delhi, India (2006)
Headquarters New Delhi, India
Area served
 India
Website www.sterliteenergy.co.in

Sterlite Energy Limited (SEL) is an energy company focused on development and operation of power plants in India.[1] SEL is a subsidiary of Vedanta Resources PLC.

Projects

Jharsuguda, Orissa

Sterlite Energy Limited is developing Sterlite Jharsuguda Power Station 2400 MW coal-fired thermal power project in Jharsuguda, Orissa.[2] The project will develop 4 units of 600MW each.

Talwandi Sabo Power Project

SEL is developing the 1980 MW Talwandi Sabo Power Project at village Banawala, Mansa-Talwandi Sabo in District Mansa. Punjab. This is also a coal-fired thermal power production project with 3 units of 660 MW each.Now as per the new agreement between Punjab State Electricity Board (PSEB) and Sterlite Energy Limited(SEL), SEL is to add one more unit of 660 MW to the upcoming thermal project of 1980 (3x660) MW at Talwandi Sabo in Mansa district. Talwandi Sabo Power Ltd (TSPL) will make the first unit of 660 MW to be operational by the end of 2012 and other two units 2x660 by the end of 2013. Sterlite Energy Ltd (SEL) was selected as the developer of the project based on the Tariff Based International Competitive Bidding Process (Case-2) on BOO basis for supply of 100 per cent power to Punjab State Electricity Board (PSEB) for 25 years as per the guidelines of Government of India. Power Purchase Agreement and other related agreements were signed between TSPL and PSEB on September 1, 2008 and the ownership of Talwandi Sabo Power Limited was transferred to Sterlite Energy Limited (SEL) on that date. .[3]

References

  1. ↑ "Sterlite Energy Limited". Sterliteenergy.co.in. Retrieved 2011-02-16.
  2. ↑ Archived April 18, 2009 at the Wayback Machine
  3. ↑ "Financial closure of 1,980 Mw plant in 3 mths: Sterlite". Business-standard.com. Retrieved 2011-02-16.
This article is issued from Wikipedia - version of the Friday, January 29, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.