Table of Contents
Table of Contents 2
List of Tables 4
Company Snapshot 5
Key Information 5
Company Overview 5
SWOT Snapshot 5
Operational Metrics 6
Essar Power Limited, Operational Metrics, By Capacity 6
Essar Power Limited, Operational Metrics, By Generation 6
Essar Power Limited, Solar PV Parks 7
Essar Power Limited, Solar PV Parks, India 7
Essar Power Limited, Thermal Power Plants 8
Essar Power Limited, Thermal Power Plants, India 8
Business Description 9
Business Overview 9
Major Products and Services 10
History 11
SWOT Analysis 14
Overview 14
Essar Power Limited Strengths 14
Market Position 14
Synergy with Group Entities 14
Essar Power Limited Weaknesses 14
Costlier Energy Sources 14
Essar Power Limited Opportunities 14
Increase in Demand for Electricity: India 14
Thermal Market: India 15
Climate Change Action Plan: Ontario 15
Essar Power Limited Threats 15
Lack of PPAs 15
Environmental Laws and Regulations 15
Operational Issues 15
Key Employees 16
Locations And Subsidiaries 17
Head Office 17
Other Locations & Subsidiaries 17
Financial Deals Landscape 19
Essar Power Limited, Deals Summary 19
Essar Power Limited, Power, Deal Details 20
Asset Transactions 20
Essar Power to Invest USD1.6 Billion in Tori Power Plant in Jharkhand, India 20
Essar Power Orissa Completes Project Financing Of USD109.2 Million For Paradip Captive Power Plant In Orissa, India 21
Debt Offering 22
Essar Power Completes Public Offering Of Bonds Due 2024 For US$147 Million 22
Essar Power Completes Public Offering Of Bonds Due 2024 For US$125 Million 23
Acquisition 24
Essar Power to Acquire 50% Interest in Navabharat Power from Nava Bharat Projects for USD28.1 Million 24
Essar Steel Holdings To Sell Minority Interest In Essar Power For US$94 Million 25
Recent Developments 26
Essar Power Limited – Recent Developments 26
Jul 11, 2009: Essar Power Unveils Expansion Plans 26
Dec 18, 2008: Essar Plans To Increase Jamnagar Power Plant Production Capacity To 2,400 MW 26
Aug 22, 2013: Essar Power FY13 revenue up 72% at Rs. 2,371 crore; capacity up 152%, generation up 85% 26
Jul 11, 2018: Taking Power Plants Out of the Red 28
Jun 26, 2018: Odisha government starts taking back land from failed power projects 28
May 25, 2018: Inter RAO-Export and Essar Power signed a memorandum on strategic partnership 28
Aug 02, 2017: Loss of power supply from private companies won’t affect Gujarat, India 28
Apr 06, 2017: India’s Essar Power generates 49% more electricity during 2016-17 fiscal year 28
Feb 16, 2017: Essar Group to invest INR100bn in Indian State of Jharkhand 28
Sep 30, 2016: Essar Power completes Phase I of 120 MW Paradip Power Project 29
Jun 12, 2016: India’s Essar Power to resume 500MW Hazira gas power plant in next quarter 29
May 03, 2016: Essar Power’s 1,200MW Mahan power plant resumes operations 29
Apr 14, 2016: Essar Ports Handles Record 6.25 MMT Cargo During March 2016 30
May 29, 2015: Alstom sets a new record with the production of the 200th 765kV transformer and reactor 31
Apr 13, 2015: Essar Power commissions the first unit of 120 MW Paradeep Power Plant 31
Jun 25, 2014: Indian Power Ministry may consider coal supply permit for 9.94GW power plants 31
May 24, 2014: MPPCB directs Essar Power to close Mahan I thermal power station 32
Mar 05, 2014: Indian Ministry of Coal rejects Essar Power’s demand of narrowing linkage for Mahan power plant 32
Jan 24, 2014: Essar Power reports accident at Salaya thermal power plant 32
Sep 12, 2013: Essar Energy agrees new US$300 million corporate loan facility 32
Aug 06, 2013: Odisha In India Stops Land Acquisition For Nava Bharat Power’s Coal-fired Project 33
Dec 26, 2012: Essar Power commissions 600MW Mahan I power project 33
Dec 24, 2012: Essar Energy Begins Commercial Operations Of 600 MW Unit 1 At Mahan I Power Project In Madhya Pradesh, India 34
Nov 12, 2012: Essar Energy Commissions 255 MW Unit 2 At Vadinar Phase 2 Coal-fired Power Project In Gujarat, India 34
Nov 12, 2012: Essar Power commissions second unit at Vadinar P2 power plant 34
Oct 31, 2012: Essar Power secures forest clearance for Mahan coal block 35
Apr 04, 2012: Essar Power set to triple operating capacity by June 2012 35
Jan 21, 2012: Gujarat State In India To Add More Than 3,000 MW Thermal Power Capacity In 2012-2013 35
Jan 15, 2012: Essar Power Plans To Enter Electricity Distribution Business In India 35
Sep 07, 2011: Madhya Pradesh To Allot Coal To Essar Power And DB Power From Amelia Coal Mining Project 36
Mar 18, 2011: Power Cell To Receive Fourth Tender For Sirajganj Combined-Cycle Power Project In Bangladesh 36
Jul 05, 2010: PFC Postpones RFQ Bidding Deadline For 4,000MW Chhattisgarh UMPP In India 36
Mar 19, 2009: Essar Power Raises INR3,500 Million Project Financing From IDFC Project Equity 37
Jan 12, 2011: Toshiba Wins Contract From Essar Power Gujarat To Supply Two 660MW Supercritical Steam Turbines And Generators 37
Jul 09, 2010: EPJL Signs PPA With BSEB For Tori I Power Plant 37
Aug 30, 2009: GAIL Signs GSPA With RIL For Purchase Of Gas From KG-D6 Fields In India 38
Appendix 39
Report Scope 39
GlobalData Coverage 39
Benchmarking 39
GlobalData’s Methodology 39
Secondary Research 39
Primary Research 40
Contact Us 40
Disclaimer 40
Essar Power Limited, Key Facts 5
Essar Power Limited, Operational Metrics, Capacity 6
Essar Power Limited, Operational Metrics, Generation 6
Essar Power Limited, Solar PV Parks, India 7
Essar Power Limited, Thermal Power Plants, India 8
Major Products and Services 10
Essar Power Limited, SWOT Analysis 14
Essar Power Limited, Key Employees 16
Essar Power Limited, Other Locations 17
Essar Power Limited, Subsidiaries 17
Essar Power Limited, Deals Summary 19
Essar Power to Invest USD1.6 Billion in Tori Power Plant in Jharkhand, India 20
Essar Power Orissa Completes Project Financing Of USD109.2 Million For Paradip Captive Power Plant In Orissa, India 21
Essar Power Completes Public Offering Of Bonds Due 2024 For US$147 Million 22
Essar Power Completes Public Offering Of Bonds Due 2024 For US$125 Million 23
Essar Power to Acquire 50% Interest in Navabharat Power from Nava Bharat Projects for USD28.1 Million 24
Essar Steel Holdings To Sell Minority Interest In Essar Power For US$94 Million 25
