|East Coast Energy|
East Coast Energy Private Limited (ECEPL) is in the process of developing a Coal based Thermal Power Plant near Kakarapalli Village, Santhabommali Mandal, Srikakulam district, Andhra Pradesh, India. The Project will be implemented in two phases, with each phase constituting 1,320 MW. It is expected to generate 9,828 Million kWh annually at plant load factor of 85% for each phase.
Asian Genco has invested in the equity of ECEPL. Partnering in the 2,640 MW coal fired power project are Athena Infraprojects Pvt Ltd and Athena Energy Ventures (A joint venture of IDFC, PTC India Limited and AIP Power). The project is financially closed and has secured land, received allocation of a coal linkage, received environmental clearance from the Ministry of Environment and Forest and the other required clearances.
Phase I (2 X 660 MW) of the Project is under construction and is expected to commission in 2017.