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PRESS RELEASE

OPGC KICK STARTS EXPANSION PROJECT AT IB THERMAL

Bhubaneswar: Dt. 28.07.2013
OPGC expansion project of 2x660 MW thermal power plant (Units 3&4) has been put on the wheels with issue of work order in favour of BHEL and BGR Energy Systems Ltd.

As contracted, in the initial six months, the Equipment design basis report, engineering drawings, Turbine building and boiler loading details for foundations, mill & bunker building fabrication drawings for supply and erection of the main plant as per the scope of the tender will be taken up by BHEL and establishment of Labour colony, site levelling and grading, cement batching plant, turbine building and boiler foundations and equipment design basis report, engineering drawings for all the ancillary and peripheral plants will be completed by BGRE. This will be followed by major construction work targeting the commissioning of the units in the 12th plan period.

It may be recalled that OPGC had already signed contracts with BHEL and BGRE on 27th April and 11th July of 2013 respectively for the award of work for the main plant (BTG) worth 4051crores and Balance of plant (BOP) worth 1573 crores in the presence of the hon’ble minister of energy and senior officials of the state govt.

It is worthwhile to mention here that the above costs taken together works out to about Rs. 4.26cr/MW (firm price in INR without any risk of foreign currency exchange variation) which is by far the cheapest of the bids finalised in the country since 2010 for 660MW plant configuration.

The OPGC expansion project had secured financial tie-up with PFC and REC in Nov.2012.

OPGC which is a 51:49 joint venture between Govt. of Odisha and AES Corp USA , at present, runs 2x210 MW coal based thermal power plant at Banharpali in the district of Jharsuguda which having registered a PLF of 86.48% for the FY 2012-13 ranks first among the state run utilities in the country.

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