60 MW coal-fired thermal power plant located in Tamil Nadu

BRIEF

The company operates a 60 MW coal-fired thermal power plant located in Gummidipoondi, Chennai, Tamil Nadu. Developed on a Build, Own, Operate (BOO) basis, the plant represents a strategic brownfield opportunity in India’s power generation sector, offering significant asset value through infrastructure, land holdings, and future repowering potential.

Key Highlights

Location & Infrastructure:

  • 60 MW thermal power plant spread across ~63 acres of freehold land.
  • Additional ~15 acres of freehold land in Kannambakkam, Tamil Nadu.
  • Excellent connectivity: 8.6 km from Gummidipoondi Railway Station, 55 km from Chennai Port, 78 km from Chennai International Airport, and direct access to NH16 (Kolkata–Chennai Highway).

Operational Overview:

  • Commissioned in 2013, the plant has been non-operational since 2022 due to high coal prices and supply challenges.
  • The boiler configuration modified to run on a 50:50 Dolachar–Indonesian coal blend, reducing dependence on imported coal and enabling captive or hybrid power use upon restart.
  • Regular maintenance ensures the asset remains ready for operational resumption.

Products & Services

Land & Asset Value:

  • ~42 acres available for future capacity expansion or industrial repurposing.
  • 67,000 kL reservoir with rainwater harvesting — ideal for water-intensive industries.

Investment Opportunity

  • Transaction Structure: Sale under Corporate Insolvency Resolution Process (CIRP).

 

Additional Information

Strategic Rationale

  • Opportunity to acquire a brownfield power generation asset at a distressed valuation.
  • Reactivation potential for captive, merchant, or hybrid (coal + renewable) operations.
  • Land bank and infrastructure offer redevelopment flexibility — expansion, industrial conversion, or co-location with renewable assets.
  • Attractive for: Power producers, infrastructure investors, PE funds, and industrial conglomerates seeking entry or expansion in southern India’s power sector.

GALLERY

BUSINESS DETAILS

  • Industry: Energy & Utilities
  • Sub-Industry: Thermal Power Generation
  • City: Kannambakkam, Tamil Nadu
  • Location: Kannambakkam, Tamil Nadu

BUSINESS DOCUMENTS

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