Jharkhand government has signed a power purchase agreement (PPA) recently with Essar Power Jharkhand which is installing a 1,800 mw thermal power plant at Chandwa of Latehar district. The PPA was signed by the company as per its MoU signed in 2007.
To set up the power plant, Essar Group was allowed two coal blocks at North Karanpura and Chakla. The plant will have three units with a total production capacity of 1,88 mw from which the company will provide 450 mw of power to Jharkhand State Electricity Board (JSEB).
Adhunik Power & Natural Resources also designed for setting up four thermal power units of 270 mw each in Kandra of Seraikela-Kharswan district. The company signed PPA with JSEB for supply of 25 per cent electricity to the power board at a fixed tariff.
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