Sasan Ultra Mega Power Project (SUMPP) is a 3,960 MW pit-head coal-based power plant in Singrauli, Madhya Pradesh. Power Finance Corporation (PFC) the financial institution under the Ministry of Power, India is the nodal agency for getting the basic infrastructure like land, water supply, environment clearances, etc. for UMPPs.  Reliance Power Limited is responsible for executing this project.

Sasan UMPP is a pit-head power project and has been allocated three captive coal mine blocks –Moher, Moher Amlori extension and Chhatrasal – which have reserves in excess 750 million tones. The approved mine plan of all three mines put together envisages production of 25 million tonnes of coal per annum making these mines among India’s largest. Sasan UMPP along with the coal mine would on completion become the largest integrated coal-cum-power plant in the country. The scale of the project can be understood from the fact that the project and coal mine together involve almost 10,000 acres of land of which almost 7,000 acres would be coal mines.

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Financers

Indian:

S. No. Bank Amount (in crores)
1 Andhra Bank 200
2 Axis Bank 750
3 Bank of Baroda 300
4 Corporation Bank 200
5 Life Insurance Corporation of India 800
6 Power Finance Corporation India N.A.
7 Punjab National Bank 900
8 Rural Electrification Corporation 1,342
9 State Bank of India N.A.
10 Union Bank of India 750
11 United Bank India 200
12 India Infrastructure Finance Company 400
13 Industrial Development Bank of India (IDBI) 500

International:

S. No. Bank Amount (in crores)
1 Bank of China N.A.
2 China Exim bank N.A.
3 Export Import Bank of the United States N.A.
4 Standard Charted N.A.
5 Mizuho, Japan N.A.

Issues

Engagement with US Exim:

Reports and letters:

Links to important reports and news articles on Sasan Ultra Mega Power Project

  1. Bank of China
  2. China Exim bank
  3. Standard Chartered

For the above three banks: Total debt financing of USD 1.1 million along with 2 other Chinese Banks and Standard Chartered

  1. Export Import Bank of the United states: Corporate Loan USD 917 million
  2. Mizuho, japan: Debt finance USD 200 million

Reports on environmental pollution in the Singrauli(area where the Sasan project is located)

  • Centre for Science and Environment Report:

http://www.cseindia.org/userfiles/Singrauli_Lab_Report_October_16_Final.pdf

  • Study on Environmental Assessment of Industrial clusters in India( Singrauli is one of them):

http://cpcb.nic.in/divisionsofheadoffice/ess/NewItem_152_Final-Book_2.pdf

Articles on Pollution in Singrauli:

Articles on Accident cases at the project site:

On corruption charges of coal diversion from captive mines for Sasan Project: